So, is everyone ready to search for a coin that can net you over $7000.00? Yes, you read that correctly, seven thousand dollars!! I know what you’re thinking… what coin!! We are in search of a penny from 1983. What is so special about this 1983 that can bring you such a profit? Well for starters, look at the date and make sure you have a 1983 penny with no mint mark.  I know at this point everyone knows what the mint mark is. If you are not aware of it, I’ll go into details at the end.

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So if you are holding a no-mint mark 1983 penny, flip it over! Now what we are looking at is the wording on the back of the penny.  Look at the United States of America, One Cent, and e Pluribus Unum… do any or all of these letters resemble a 3-D effect?

Courtesy of Dorota Rokosz
Courtesy of Dorota Rokosz
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If so, congratulations! If some of the letters have the 3-D effect it is still worth more than face value. Even a couple of hundred dollars.  If every letter is doubled, and the coin is in good condition, you have just made a profit of $7000.00!

Photo by @alexandermilson Unsplash
Photo by @alexandermilson Unsplash
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Now, what should you do if you find one of these? Look for a coin broker near you that can either purchase the coin from you or act in your place and auction the coin for you.

What if you want to auction that coin yourself? What I would do is find a coin broker and have the coin appraised. Then I would keep it or decide to sell it myself on the internet.  Now, what is a mint mark? A mint mark is a letter that is stamped below the date on a coin that lets us know where the coin was minted. Not all mints are still in service and some coins were minted with no marks at all.

So the mint mark helped the government pinpoint any issues with coins without having to shut down every mint that is producing the coin.  So, now it’s time for me to search for my lucky penny…hopefully, I have one of these!!!

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