3 coins to skyrocket in value by 2025: How to know if you have one
Three coins are expected to skyrocket in value next year. Here are the characteristics of the specimens that can end up earning you a small fortune.
Although the vast majority of coins are generally worth only their face value, some coins can sell for hundreds or thousands of dollars to collectors if they meet certain characteristics.
According to the US First Exchange website, the value of a coin is determined based on three main factors: its rarity, the condition/grade of the coin or bill, and the market conditions, meaning, the demand for it.
If a coin is rare, it will be worth more money. If a coin is not only rare but also in good condition, it will be worth even more.
The value of these 3 coins will skyrocket by the end of 2025
According to the GOBankingRates website, which quotes Ian Russell, president of Great Collections, the so-called “trophy coins”are expected to increase in value next year.
The specimens Russell mentions include the 1913 Liberty Head nickels, 1804 silver dollars, and the 1893 San Francisco Mint dollars in the Morgan design.
The 1913 Liberty Head five-cent coin
The 1913 Liberty Head nickel is a piece that was produced in extremely limited quantities without authorization from the United States Mint, making it one of the most well-known and sought-after rarities among coin collectors.
The 1804 silver dollar
The 1804 silver dollar is one of the rarest coins in the United States. According to the American Numismatic Association, “1804” dollars were minted in 1834-35, when the U.S. State Department decided to give away complete sets of U.S. coins, including the 1804 dollar, to certain Asian leaders willing to grant trade concessions to the United States.
The 1893 San Francisco Mint dollars with Morgan design
The 1893 San Francisco silver dollar has the lowest mintage of all Morgan dollars issued between 1878 and 1921.
If you think you have these or other coins that may meet the criteria of rarity, good condition and high demand, you can go to a pawn shop where they might give you something for it.
You can also search specialized Facebook groups, check eBay or the Professional Coin Grading Service website to get a bigger amount.