Coin collecting is an exciting adventure, filled with unexpected treasures waiting to be uncovered. While some coins achieve astronomical prices at auctions, many undervalued coins still exist, ripe for finding. These hidden gems—often overlooked due to historical quirks, low mintages, or unique designs—present an opportunity for collectors looking to invest wisely. Let’s look into nine undervalued coins that could appreciate in value and make excellent additions to your collection.
1943 Steel Wheat Penny
During World War II, copper was critical for military purposes, so the U.S. Mint made pennies from zinc-coated steel. While circulated examples are common, mint-state versions are much rarer, making them a savvy investment for collectors seeking a long-term gain.
Market Value: $10-$50 (circulated); up to $1,000 (uncirculated)
1964 Kennedy Half Dollar (90% Silver)
The 1964 Kennedy Half Dollar stands out as the last regular-issue half dollar minted in 90% silver. Its historical significance, combined with its silver content, makes it an undervalued treasure that could surge in value as silver prices fluctuate.
Market Value: $10-$20 (circulated); $50-$100 (uncirculated)
1970-S Small Date Lincoln Cent (Proof)
This proof coin features a small date and has a low mintage, making it scarce compared to other proof cents. Coins in high grades (PR69 and higher) are particularly desirable. Despite its rarity, it remains relatively affordable—perfect for savvy collectors.
Market Value: $30-$100, depending on grade
2009 Lincoln Bicentennial Cent Series
To celebrate the 200th anniversary of Abraham Lincoln’s birth, the U.S. Mint issued four unique designs in 2009. These coins had lower mintages than standard cents, and complete sets in high-grade condition remain undervalued despite their historical significance.
Market Value: $1-$5 (circulated); $10-$50 (uncirculated)
1942-P Jefferson Nickel (35% Silver)
From 1942 to 1945, the U.S. Mint produced nickels containing 35% silver to conserve nickel for the war effort. The 1942-P Jefferson Nickel is among the first of these “war nickels,” making it both historically significant and undervalued.
Market Value: $1-$3 (circulated); $10-$50 (uncirculated)
1976 Bicentennial Eisenhower Dollar (40% Silver)
Minted to commemorate the U.S. Bicentennial, this coin comes in a 40% silver version that is far less common than its copper-nickel counterpart. Its large size, historical connection, and silver content make it an attractive investment that’s currently overlooked by many.
Market Value: $15-$25 (uncirculated); $30-$50 (proof)
1955 Franklin Half Dollar
The Franklin Half Dollar is often overshadowed by the Kennedy Half Dollar, but the 1955 edition has a particularly low mintage of just over 2.4 million. Its scarcity, especially in higher grades, offers collectors significant potential for future appreciation.
Market Value: $15-$50 (circulated); $100-$300 (uncirculated)
1916-D Mercury Dime
Though well-known among numismatists, the 1916-D Mercury Dime is still undervalued in lower grades. With a mintage of only 264,000, even coins in good condition are worth adding to your collection for their investment potential.
Market Value: $800-$1,200 (good condition); higher grades fetch more
2000-P Sacagawea Dollar (Cheerios Dollar)
In 2000, the U.S. Mint distributed special Sacagawea Dollars in Cheerios boxes. These coins have a unique pattern on the reverse and are significantly rarer than regular Sacagawea Dollars. If you can find one, it could be a valuable investment.
Market Value: $1,000-$5,000, depending on condition
These coins are undervalued for a variety of reasons: some are overshadowed by more famous counterparts, while others lack widespread recognition. However, with their unique designs, historical significance, and limited mintages, these hidden gems are worth considering before the numismatic world catches on.
FAQs
Why is the 1943 Steel Penny valuable?
Its mint-state examples are rare and undervalued.
What makes the 2000-P Sacagawea Dollar special?
It features a unique tail feather pattern from a Cheerios promotion.
Is the 1964 Kennedy Half Dollar made of silver?
Yes, it contains 90% silver.
Why are war nickels significant?
They contain 35% silver due to WWII metal shortages.
What is the value of the 1916-D Mercury Dime?
It ranges from $800 to over $1,200 in good condition.
