'Check your change!' warns money pro as 'older coins with collector value' worth $100s circulate for National Coin Week | 0K91R8M | 2024-04-22 17:08:01
AMERICANS have been urged to check their change to see if they have any historical currency.
Experts have warned that older currency could enter circulation as the nation marks National Coin Week.
National Coin Week is being celebrated between April 21 and 27 and 2024 marks the event's centenary edition.
It has been a constant since 1923 and is considered the brainchild of Julius Guttag, the Governor of the American Numismatic Association.
Guttag wanted to celebrate coin-collecting and had been a fan of the hobby since age 15.
Americans have been urged to keep a close eye on their change.
"To encourage everyone to closely look at their money, during National Coin Week some dealers and collectors around the country will be deliberately placing into circulation older coins with collector value," Kim Kiick, the executive director of the American Numismatic Association.
"Check your change," Kiick urged.
Kiick has warned that people may find something valuable in their stash.
Meanwhile, Thomas J Uram, the president of the American Numismatic Association, warned each coin has a story.
The silver dollar coin, which was minted in 1924, represents peace.
It features an emblem of Lady Liberty who is wearing a tiara.
<!-- End of Brightcove Player --> There is the Latin word Trvst, which means trust.
On the flip side of the coin, an eagle is standing on a rock.
The coin was produced in the same year the first Macy's Thanksgiving Day parade was held.
Experts at the NGC Coin Explorer say that a 1924 peace dollar coin in circulation is valued between $34 and $220.
But uncirculated editions that are in pristine condition could sell for around $40,000.
<p class="article__content--intro"> You may be holding something valuable in your wallet. Check out these articles on rare coins to see if you may have a treasure hidden deep in your pockets. </p> </div> </div> HISTORIC FINDS
The U.S. Sun reported how a coin collector found rare 1982 dimes that contained a missing mark.
The currency featured former President Franklin Roosevelt's face but thousands were missing the letter P.
Michael Leven, the owner of Bucks County Rare Coin in Sellersville, revealed there were about 150,000 coins that had been produced.
He revealed the value of a dime differed greatly depending on if it had been in circulation, per The Reporter.
Leven estimated the value of the rare 1982 dime in circulation would be below $100.
But those that had not entered circulation could be valued at up to $1,000.
Another collector sold a stash of coins dating back to 1878 for thousands of dollars despite thinking they were low-grade.
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