Tuesday, January 12, 2010

Pennies may be worth up to $1,000

Save your pennies! Coins in circulation may be worth up to $1,000, says expert

BY RICH SCHAPIRO-January 11th 2009

Courtesy of One-Minute Coin Expert

This 1908-S Indian head cent, worth $250, was spent at a newsstand in 2006 by Scott Travers. In order to be worth a couple of hundred dollars, the coin must display the letter 'S' on the reverse.

See a penny, pick it up, it may be worth a thousand bucks.

Noted coin dealer Scott Travers announced three years ago he had released three rare and valuable pennies into circulation, but none of the coins has been reported found.

"Not only does it appear that these three pennies are out there waiting for someone to cash them in for a pretty penny, there are lots of others that are just like them that are out there," said Travers, author of the book "One-Minute Coin Expert."

In a bid to encourage a new generation of coin collectors, Travers parted with the three one-cent coins in April 2006.

He put the first - a 1914-D Lincoln cent valued at $300 - toward a pretzel at a vendor outside the Nasdaq offices at 4 Times Square.

Days later, Travers spent a 1909-S V.D.B. Lincoln cent valued at $1,000 on a bottle of water he purchased at a different vendor in Times Square. He then walked a block to a newsstand and dispensed a 1908-S Indian Head cent worth $250.

In the weeks after his high-profile stunt, seven people came forward saying they found the $1,000 coin Travers gave up.

"The coins were real, but none of them was mine," Travers said.

The bonanza, Travers said, demonstrated an important point: There are countless coins worth big money that are just waiting to be discovered on sidewalks and streetcorners, and in pants pockets and piggy banks.

"There really are big dollars to be made in small coins," Travers said. "With these hard times, people are really nickel-and-diming it and to be able to make a pretty penny from one that doesn't look so pretty is an extraordinary accomplishment."

Consumers can get more information about how to authenticate their coins at money.org, the Web site of the American Numismatic Association.

This is an old news from last year that save hoping to find these coins in our coin can. I checked each of this coin but no luck waaaaa.


Chubskulit Rose January 12, 2010 at 1:32 PM  

hello badingding, tahimik ang blogworld hehehe.. Miss ko na si tsang. Kumusta kayo dyan?

MJ January 12, 2010 at 1:37 PM  

hello wala kaming ganyan coins eh anong i save ko hehehe!
coins can maayo kay mayroon kang ganyan....hehehe ako rin baka umpisa na rin akong mg-lagay nang coins sa can...para may savings...

nice ang post nimo ah para akin toh dahil wala akong savings..hehehe

bitaw labay lang dito...Tsang...musta na beuaty mo?

Chubskulit Rose January 12, 2010 at 1:40 PM  

Meron kaming cents na binigay ni Dad Bakla but magmula lang sya ng 1941 to 1961 D, ewan ko kung may value ba to or wala hehehe. share ko to sa blue monday next time kasi nasa blueng pocket lol.

Laikka January 12, 2010 at 1:56 PM  

waaah...mangita sad ko ani diri sa among mga 194gotten na mga coins na kabilin ni lolo..hehe! basn mao na ni amo swerte..lol

good day!

Mel Avila Alarilla January 12, 2010 at 3:06 PM  

Swerte naman nung makakakuha nang mga coins na yun. Kaya lang kailangang well versed ka sa mga values at descriptions nang mga coins na malaki ang values kung hindi ay baka mauwi lang lahat sa wild goose chase, lol. Thanks for the post. God bless you all always.

kathy January 12, 2010 at 3:46 PM  

Waaa!!! gi-career jud nimo pag-check ang mga coins sis!! Ahak man ni nga post, katol na nuon akong kamot.. I-check pud daw ni nako ang coins sa piggy bank nila andrea ug fifi... hahahaha... natakdan na ko nimo sis...hehehhe

Sis si fifi mag-1 year na next month maong bala-bala na ta'g paid post ani... hehehehe... para kapalit ta'g kalamay.. kalamay diay igasto sa bday... nyahahhaa...

Labay lng ko sis.. busy mi dri oi, cge'g panghinlo, mura'g magpista.. hahaha...


kat January 13, 2010 at 8:04 PM  

ay sus naa ko diri isa ka kumkom na coins na halo-halo..may US, Canada ug UK coins...ako collection...hahaha

ahak..nalibat nako ug tinitok aning coins oi.."In God We Trust" ray akong nakita-an ug kining nawong ni lincoln...gibinuangan ra ta ani Scott ay...nyahaha...

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