Heinrich Julius,
Löser zu 10 Taler 1609,
good vf
Victoria,
Mohur 1841,
10.72 g fine,
xf-unc
Aureus July 68 - January 69,
vf-xf / good
Friedrich Ulrich,
Löser zu 5 Reichstalern 1620,
vf-xf
15 Rupien 1916,
xf-unc,
J. 728b
Karl Eugen,
Silver medal 1777,
xf-unc
Friedrich August I.,
Reichstaler 1707,
nearly xf
vf-xf
Reichstaler 1673,
Struck under Karl XI of Sweden.
Title Leopold I.
good vf
Electorate,
Reichstaler 1675,
on the Victory in the Battle of Fehrbellin,
vf-xf
PNG Advisory: No, You Don’t Have A $124 Million Penny
Recent online stories about pennies allegedly worth $124 million and billion-dollar 1976 Bicentennial quarter dollars are either false or grossly misleading, advises the Professional Numismatists Guild, a nonprofit organization composed of many of the country’s top rare coin experts.
A misleading online video prompted the owner of this silver dollar to mistakenly think it was a mint-made error worth thousands of dollars. However, the damage was inflicted after it left the United States Mint and reduced its value to only its silver content, about $25. Photo courtesy of JMS Coins.
“Unfortunately, these clickbait stories and videos with absurdly inflated rare coin values often get picked up by major search engines. The misleading or inaccurate stories raise false hopes to people who may mistakenly think they have a fortune when in fact their coins may only be worth face value or have drastically less collector value than they were led to believe,” cautions John Feigenbaum, Executive Director of the Professional Numismatists Guild (PNG).
“For consumer protection and education, it is important to rely only on expert sources, such as long-time hobby/trade publications and price guides as well as members of the Professional Numismatists Guild and the PNG’s trusted partner, Numismatic Guaranty Company. Depend on experts when you want coins evaluated for authenticity and market value,” emphasized PNG President James Sego.
Numismatic Guaranty Company offers a free online price guide where anyone can determine the approximate retail value of their old coins.
“Recent headlines that proclaim a rare penny might be worth more than $100 million or a 1976 Bicentennial quarter might be worth $1.5 billion are pure fantasy. The highest price ever paid for a rare coin sold at auction was $18.9 million. Also, some deceptive headlines and stories claiming you might find a certain rare coin in circulation involve genuine coins that have not been produced or in pocket change for a century or more,” stated Feigenbaum who also serves as Publisher of Greysheet, an authoritative rare coin price guide.
PNG President Sego recalled a recent encounter with a disappointed coin owner:
“The customer mistakenly believed he hit the rare coin jackpot because of a misleading video he watched online. He thought his 1926 silver dollar was incorrectly made at the United States Mint with severe gouges and now could perhaps be worth tens of thousands of dollars. However, the deep scratches on the coin occurred after it left the Mint, and because of that unsightly damage the coin is now only worth melt value, about $25 for its silver content.”
“If you don’t know rare coins, you better know your rare coin experts,” emphasized Sego.
The Professional Numismatists Guild was founded in 1955. The group’s motto is “Knowledge, Integrity, Responsibility,” and PNG members must adhere to a strict code of ethics in the buying and selling of numismatic merchandise.
