Millions of coins circulate daily in the United States and are exchanged for their face value. However, many are unaware that these coins also have minting and printing errors, which makes the penny coin very valuable in the world of collectors.
For a numismatic piece to be considered a collector’s item, it needs a certificate of authenticity. For this reason, we tell you the details of the 2023 cent that can be worth up to U$D 600.
Why is the 2023 penny coin worth U$D 600?
The one cent coin that was minted in the year 2023 has Abraham Lincoln on the obverse, but there is a detail that stands out above the rest, as the initials of the designer Victor David Brenner ‘VDB’ can be appreciated. At first glance it appears to be common, but the imperfection is in that there is an additional ‘V’.
Due to this error, the coin can be worth U$D 600. According to the specialized website US First Exchange, there are some aspects that help to identify when a coin is valuable. But the main details are: rarity, state/grade of the coin or bill and market conditions or demand.
Where can these coins be sold?
There are several places where the coin can be offered to numismatic collectors interested in acquiring this piece, the most popular are: Heritage Auctions, Stack’s Bowers Galleries, APMEX, eBay and local coin dealers.
It is important to mention that the latter is usually used to have more information about the product, besides being present at the time of the review and get your money immediately.