A RARE 50 cent coin has sold for more than $2,000 online – meaning you’ll want to carefully check your wallet or other places in your home where you might find money.
Minted in Philadelphia, the coin was originally designed by John Reich.
The 1819 coin features Liberty in the front with an eagle on the back.
Keep in mind, there are two varieties of the half dollars, which both come with a 1819/8 overdate.
The one in the listing is known as the “Large 9,” while the other type is the “Small 9”.
But there is a simple way to tell apart the two varieties by the overdate, according to PCGS President Ron Gruth.
The small 9 has a “very clear” overdate and “there are enough remnants of the underlying 8 to make an "eyeball" attribution,” Mr Gruth wrote in a post.
He added that: “On the Large 9, the overdate is much less distinct and it appears primarily as a joining of the lower loop and the ball of the 9.”
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Moreover, the coin composition contains silver.
In total, the 50 cent coin accumulated 28 bids, with the winning one registering at $2,248.50.
That would mean the circulated coin is now worth 449,600% of its original value.
The Capped Bust coinage consisted of a half dime, dime, quarter and half dollar.
If the 50 cent coin is in average condition, it is now typically worth $131, according to USA Coin Book.
However, the value could go up to $3,888 or more if the coin is in “Uncirculated (MS+) Mint Condition,” according to the coin expert website.
There are various 1819/8 coins listed on eBay with some listed price tags in the thousands.
Is your small change worth a fortune?
If you believe that you have a rare coin then you might be able to cash in on the value.
The most valuable coins are usually those with a low mintage or an error, as they're deemed the most valuable by collectors.
To check out if your coins are worth anything on eBay, search the full name, select the "sold" listing and then toggle the search to "highest value.”
It will give you an idea of the amount of money that the coin is going for.
You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book.
If you choose eBay, remember to set a minimum price that is higher or at the very least equal to the face value of the coin - or you could lose money.
You also need to be aware that even if your coin “sells” on eBay for a high price there’s no guarantee that the buyer will pay up.
According to eBay’s terms and conditions, bidders enter a “legally binding contract to purchase an item.”
However, there’s no way of enforcing this rule.
The most eBay can do is add a note to their account for the unpaid item or remove their ability to bid and buy.
Also, keep in mind that the value of antique coins could depend on several factors including grade and condition.
A rare Lincoln wheat cent coin recently sold for $1,801.
Read More on The US Sun
Another rare coin, a Buffalo Indian nickel has sold for $1,400.
And a rare 1893 Morgan silver dollar has sold for $4,550.
Check your pocket change as a rare Lincoln penny error coin could earn you moneyWe pay for your stories!
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