The secret behind the most valuable 2023 penny coin: you can sell it for $600

Numismatic coins in circulation are traded at face value; however, many are unaware that these coins also have minting and printing errors that make them valuable to collectors. This is the case of the one cent coin in the United States.  

This piece in question was minted in 2023 and can be worth up to $600 in the numismatic market. For this, it needs the certificate of authenticity that an auction house in the USA can give you. 

How is the one cent coin worth $600?

The penny that was minted last year has Abraham Lincoln on the obverse, but the peculiarity of this piece is that you can see the initials of the designer Victor David Brenner: ‘VDB’. At first glance it appears to be common, but the flaw is that there is an additional ‘V’.  

Due to this error, the coin can be worth $600. According to the specialized site US First Exchange, there are some aspects that help to identify it: “The rarity, state/qualification of the coin or bill and market conditions or demand”, they say.  

If a person carries this coin and wants to sell it, he/she should approach numismatic collectors; among them: Heritage Auctions, Stack’s Bowers Galleries and APMEX. 

ADVERTISEMENT

Note: Thank you for visiting our website! We strive to keep you informed with the latest updates based on expected timelines, although please note that we are not affiliated with any official bodies. Our team is committed to ensuring accuracy and transparency in our reporting, verifying all information before publication. We aim to bring you reliable news, and if you have any questions or concerns about our content, feel free to reach out to us via email. We appreciate your trust and support!

See also  Thousands Affected by 2024 Social Security Cuts –Are You One of Them?

Chiefs focus

ChiefsFocus is a dedicated news writer with extensive experience in covering news across the United States. With a passion for storytelling and a commitment to journalistic integrity, ChiefsFocus delivers accurate and engaging content that informs and resonates with readers, keeping them updated on the latest developments nationwide.

More From Author

US Government makes it official – Disability retirees will have to wait to receive their Social Security benefits

U.S. Government announces second $943 SSI check in November – official date

Leave a Reply

Your email address will not be published. Required fields are marked *