Do NOT Spend these Dirty Old Coins!

Couch Collectibles

28 Jan 202411:14

EducationalLearning

32 Likes 10 Comments

TLDRThe video from Couch Collectibles highlights the value of seemingly ordinary coins with unique errors or features. It discusses a 1975 Jefferson nickel with a misplaced mint mark, a 1970 quarter struck on a thin dime planchet, and a 1966 Washington quarter with the same issue. The video also covers a 1945 steel penny, 1945 silver Jefferson nickels with mint errors, and a variety of wheat pennies with die breaks, lamination errors, and off-center strikes. The key message is to not underestimate the worth of old or worn coins, as they might hold significant value due to their rarity or mint errors.

Takeaways

🪙 A 1975 Jefferson nickel with a misplaced 'D' mint mark sold for over $1,000 due to its rarity and error.
🪙 A 1970 quarter struck on a 10 cent thickness stock, weighing only 4.3 G, sold for $65 despite its poor condition.
🪙 A 1966 Washington quarter struck on dime stock also fetched around $70 at auction for the same reason as the 1970 quarter.
🪙 A 1945 steel penny from the wrong year (not 1943) sold for over $1,700 due to its unique composition and error.
🪙 A 1945 silver Jefferson nickel with a laminated planchet sold for $44, highlighting the value of silver content and mint errors.
🪙 A 1945 wheat penny struck onto a Peru 5 C planchet sold for over $1,500 because of its incorrect planchet and lower weight.
🪙 A 1945 wheat penny with a die break sold for $35, demonstrating the added value of even small mint errors.
🪙 A 1944 wheat penny struck onto a split planchet sold for $41, emphasizing the importance of coin weight in determining value.
🪙 A 1944 wheat penny with a clamshell lamination sold for $60, showcasing the impact of lamination errors on a coin's value.
🪙 A 1943 steel penny with a die break sold for $75, illustrating that even heavily worn coins can have value if they have unique errors.
🪙 An off-center 1942 wheat penny sold for $31, highlighting that even small mint errors can increase a coin's value.

Q & A

Why did a 1975 Jefferson nickel sell for over $1,000 despite being in poor condition?
-The 1975 Jefferson nickel sold for over $1,000 because it had a misplaced 'D' mint mark, which indicates it was minted at the Denver Mint. The error made the coin valuable to collectors.
What is special about a 1970 quarter that weighs only 4.3 grams?
-A 1970 quarter that weighs only 4.3 grams is special because it was struck on a 10-cent thickness stock, which is thinner than the usual quarter stock. This error is rare and can increase the coin's value.
How can you identify a 1945 silver Jefferson nickel?
-A 1945 silver Jefferson nickel can be identified by the presence of a large 'PD' or 'S' mint mark above the building on the reverse side of the coin. These nickels were made from 35% silver during the war years.
What type of error is present in the 1966 Washington quarter that sold for $70?
-The 1966 Washington quarter that sold for $70 has an error where it was struck on a dime stock, making it thinner and lighter than a regular quarter.
Why did a 1945 steel penny sell for over $1,700?
-The 1945 steel penny sold for over $1,700 because it was not from the original steel penny production year of 1943. It was struck onto a foreign planchet, which is a rare error that increases its value.
What is a die break or cud on a coin?
-A die break or cud on a coin is an extra piece of metal on the rim of the coin, often caused by a crack or break in the die used to strike the coin. This type of mint error can add value to a coin.
What is a lamination error on a coin?
-A lamination error on a coin occurs when the metal layers separate, creating a raised or irregular surface on the coin. This type of error is visually distinct and can increase the coin's value to collectors.
Why might a 1944 wheat penny be worth $41 despite weighing only 1.72 grams?
-A 1944 wheat penny might be worth $41 if it was struck onto a split planchet, which caused it to weigh significantly less than the standard 3.1 grams. This type of error makes the coin more valuable.
How can you tell if a wheat penny is struck off-center?
-A wheat penny struck off-center will have the design偏离中心, with one side of the coin appearing incomplete or cut off. This is a noticeable mint error that can add to the coin's value.
What advice is given for individuals who come across old or damaged coins?
-The advice given is to not spend old or damaged coins without inspecting them closely. Even if a coin appears to be in poor condition, it may have a mint error or other feature that makes it valuable to collectors.
What types of coin mats are available on Couch Collectibles' website?
-Couch Collectibles offers nickel mats, penny mats, quarter mats, and half dollar mats. These mats are designed to protect and display coins, and they are updated with key dates and RPMs up until 2023.

Outlines

00:00

🪙 Misplaced Mint Mark and Error Coins Value

This paragraph discusses the value of error coins, specifically focusing on a 1975 Jefferson nickel with a misplaced 'D' mint mark that sold for over $1,000. It also covers a 1970 quarter struck on a 10-cent thickness stock, which is lighter than normal, and sold for $65. The discussion extends to a 1966 Washington quarter with a similar error, selling for around $70. The paragraph emphasizes the importance of inspecting coins for such errors and the potential value they hold, even in poor condition.

05:01

🤑 Valuable Errors in Wheat Pennies and Silver Nickels

The second paragraph delves into the value of wheat pennies with errors, such as a 1945 wheat penny struck on a Peru 5 C planchet that sold for over $1,500. It also mentions a 1945 wheat penny with a die break that sold for $35, and a 1944 wheat penny struck on a split planchet, selling for $41. The paragraph highlights the significance of lamination errors in silver nickels from 1942 to 1945, which can increase the coin's value. It advises coin collectors to look for unique errors and lamination on different coins, as these can significantly affect their worth.

10:03

🛍️ Coin Collecting Accessories and Tips

The final paragraph shifts focus from error coins to coin collecting accessories available on Couch Collectibles' website, such as coin mats for various denominations up to 2023. It promotes the mats as soft, rubber, and easy to carry for coin sorting and preservation. The paragraph encourages viewers to visit the website for coin mats and other collectibles, and to subscribe for more content. It concludes with an invitation to engage in the comment section for further discussion.

Mindmap

Keywords

💡Mint Error

A mint error refers to a coin that has been produced with a mistake during the minting process. These errors can range from off-center strikes to missing elements in the design. In the video, mint errors are highlighted as a key factor that can significantly increase the value of a coin. For example, a 1945 silver Jefferson nickel with a laminated error sold for $44, while a 1942 wheat penny with a 5% off-center strike sold for $31.

💡Coin Grading

Coin grading is the process of evaluating the condition or quality of a coin, typically on a numerical scale. The grading scale ranges from low grades, indicating poor condition, to high grades, indicating near perfect or uncirculated condition. In the video, the value of coins is often tied to their grading, with higher grades commanding higher prices. For instance, a 1945 wheat penny with a die break graded at a 35 on the coin grading scale sold for $37.

💡Collectors

Collectors in the context of the video are individuals who seek out and purchase coins based on their rarity, condition, and potential value. These collectors are often looking for unique or errored coins that can appreciate in value over time. The video addresses collectors directly, advising them on what to look for in coins and how to identify valuable errors.

💡Silver Content

Silver content refers to the percentage of silver in a coin. During specific periods, such as World War II, the U.S. minted coins with higher silver content due to the demand for the metal in the war effort. In the video, a 1945 silver Jefferson nickel is mentioned, which was made from 35% silver and had a special mark to indicate its silver content, making it valuable to collectors.

💡Planchet

A planchet is the blank metal disk that is struck with a design to create a coin. Mistakes in the planchet, such as incorrect thickness or composition, can result in valuable error coins. In the video, it is mentioned that a 1970 quarter was struck on a dime planchet, which is thinner, leading to a lighter coin that is highly valued by collectors.

💡Mint Mark

A mint mark is a small symbol or letter on a coin that indicates the mint in which the coin was produced. In the video, a 1975 Jefferson nickel with a misplaced 'D' mint mark from the Denver Mint is highlighted as an example of a valuable error due to its incorrect placement.

💡Weight

The weight of a coin is a crucial factor in determining its authenticity and value, especially in cases where it differs from the standard weight due to minting errors. In the video, coins like the 1970 quarter and the 1966 Washington quarter are mentioned to have incorrect weights, which is a sign of an error and increases their value to collectors.

💡Steel Penny

A steel penny is a type of U.S. one-cent coin that was made from steel during World War II due to the need for copper in the war effort. However, in the video, a 1945 steel penny with a wheat design is highlighted as an error coin because it was struck on a foreign planchet, making it valuable.

💡Die Break

A die break is a type of minting error where a portion of the die used to strike the coin breaks or cracks, leading to an extra piece of metal on the coin. In the video, a 1944 wheat penny with a die break on the rim is mentioned, which increases its value due to the error.

💡Lamination

Lamination refers to a type of minting error where layers of metal in the coin's planchet fail to bond properly, resulting in a split or separated appearance. In the video, a 1944 wheat penny with a clamshell lamination is highlighted as an example of a valuable error coin.

💡Off-Center Strike

An off-center strike occurs when a coin is not properly aligned with the die during the minting process, resulting in a coin that has part of its design missing or not fully struck. In the video, a 1942 wheat penny with a 5% off-center strike is mentioned as an example of a valuable error coin.

Highlights

A 1975 Jefferson nickel with a misplaced D mint mark sold for over $1,000 despite being in poor condition and graded at XF40.

A 1970 quarter struck on a 10-cent thickness stock weighed only 4.3 G and sold for $65 due to its rarity.

A 1966 Washington quarter struck on dime stock also sold for around $70 in poor condition, highlighting the importance of weight in coin valuation.

A 1945 steel penny from the wrong planchet sold for over $1,700, emphasizing the value of unique errors.

A 1945 silver Jefferson nickel with a laminated planchet sold for $44, demonstrating the added value of mint errors on silver coins.

A 1945 wheat penny struck onto a Peru 5 C planchet weighed 3 G and sold for over $1,500, showing the impact of planchet errors.

A 1945 wheat penny with a die break sold for $35, illustrating the value that small mint errors can add.

A 1944 wheat penny struck onto a split planchet weighed 1.72 G and sold for $41, highlighting the significance of weight discrepancies.

A 1944 wheat penny with a clamshell lamination sold for $60 despite a low grade, showing that lamination errors can increase a coin's value.

Another silver nickel with a lamination sold for $16, varying in value based on condition and uniqueness of the lamination.

A 1943 steel penny with a die break sold for $75, adding value despite being in poor condition.

A 5% off-center 1942 wheat penny sold for $31, emphasizing the potential value in common coins with mint errors.

A 1942 wheat penny with a lamination on the reverse sold for $95, showcasing the impact of lamination errors on coin value.

A coin microscope is recommended for inspecting coins closely to identify valuable errors or unique features.

Couch Collectibles offers coin mats for nickels, pennies, quarters, and half dollars, with updated RPMs until 2023.

The importance of not spending old coins, as they may hold significant value beyond their face amount due to errors or rarity.

Transcripts

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Do NOT Spend these Dirty Old Coins!

Takeaways

Q & A

Why did a 1975 Jefferson nickel sell for over $1,000 despite being in poor condition?

What is special about a 1970 quarter that weighs only 4.3 grams?

How can you identify a 1945 silver Jefferson nickel?

What type of error is present in the 1966 Washington quarter that sold for $70?

Why did a 1945 steel penny sell for over $1,700?

What is a die break or cud on a coin?

What is a lamination error on a coin?

Why might a 1944 wheat penny be worth $41 despite weighing only 1.72 grams?

How can you tell if a wheat penny is struck off-center?

What advice is given for individuals who come across old or damaged coins?

What types of coin mats are available on Couch Collectibles' website?