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| *Ostroff, Fair and Company>>>Investing |
Does old money have any value? |
i have this penny from 1942 and the back side of it is not the same as usual at the top it says "E. Pluribus Unum" Under that it says" One Cent" and under that it says " United States of America" Well, you didn't state which mint it's from... S-San Francisco D-Denver no letter- Phillidelphia No matter, 1942 from either of the above mints is only worth 5 cents. (That's a 500% return on investment though!!!). Sorry... The value of any coins you have can be estimated at... http://www.bestcoin.com/lincoln-cents-1.... (of course if you can find a buyer who only needs a 1942 penny to fill out his/her collection, you could ask for a little more. Good Luck in you coin collection. It's a fun hobby and I wish I wouldn't have spent my high school paper route coin collection on PinBalls back in high school!!!!!!!! /// Old stuff, antiques, have a lot of value! Hold on to that! Maybe try searching on google for old coins, and you might even find how much it's worth. yes, of course it still has value, it's still worth a penny. that's like asking if the old ten dollar bills where still worth anything. money is always changing. I would hold on to it, especially since it has the "wheat ears" back. This link has a photo of what the coin looks like: http://coins.ha.com/features/vcc.php?id=... There is also some info at the American Numismatic Association's website under "Explore the World of Money" at http://www.money.org/am/template.cfm?sec... You can also check out a collector's show in your city to get an idea of what your coin could be worth. Good luck! http://coins.ha.com/info/typevalues.php#... Old money always worth more than its face value. The older the money, the more it is going to increase in value. You should bring your coin to the coin dealers. They will tell you how much it worth. There is a currency book that shows the value of old coins and paper money. You can buy one from you book stores. 1. Standard Catalog of United States Paper Money (including coins) . 2. Standard Catalog World Coins. There are still alot of pennies like that. Hold it until you get old. I would bet once it hits 2042... it may be worth some money. |
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