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Got A Fortune In Your Pocket?

You just might have. But if you're not a change checker you'd never know it. Did you know there are pennies and nickels, as well as other common coins, worth hundreds of dollars? That's right. All thanks to mistakes that are made in the minting process. And they're more common than you might think.

The mistakes are called varieties by coin collectors and those varieties can be worth a lot of money and bring a lot of fun while looking for them. In fact there are numismatists that specialize only in varieties of all kinds. Double strikes, missing devices, off center strikes, coins struck on the wrong planchet and other error coins are just the beginning.

After discovering a couple of these little jewels a few years ago I've gotten in the habit of looking at all the change that comes my way. And I'm always happy to take change in coins. More to look at and more opportunities to find valuable coin varieities. Here are a few examples:

1972/72 Double Die DDO-1 RED-BROWN
1972/72 Double Die DDO-1 RED-BROWN
$320.00 (1 Bid)
Time Remaining: 15h 24m

1972 Double Die Obverse # 6 - XF
1972 Double Die Obverse # 6 - XF
$5.95
Time Remaining: 1d 37m
Buy It Now for only: $6.95

1972 /1972  DOUBLE DIE TYPE ? BU CONDITION
1972 /1972 DOUBLE DIE TYPE ? BU CONDITION
$9.95
Time Remaining: 3d 19h 8m

1972-D or S Double Struck Double Dated Lincoln Cent - w045
1972-D or S Double Struck Double Dated Lincoln Cent - w045
$31.00 (12 Bids)
Time Remaining: 5d 19h 8m

1 COIN LOT 1972 P DDO MEMORIAL PENNY DOUBLE DIE OBVERSE #B207
1 COIN LOT 1972 P DDO MEMORIAL PENNY DOUBLE DIE OBVERSE #B207
$79.95
Time Remaining: 6d 12h 56m
Buy It Now for only: $79.95

UNITED STATES 1972 DOUBLE DIE LINCOLN PENNY AS SHOWN ORIGINAL
UNITED STATES 1972 DOUBLE DIE LINCOLN PENNY AS SHOWN ORIGINAL
$674.93
Time Remaining: 6d 16h 12m
Buy It Now for only: $674.93

1972/72 DOUBLE DIE OBVERSE LINCOLN CENT NGC MS-64 RED ** FULL RED MINT LUSTER **
1972/72 DOUBLE DIE OBVERSE LINCOLN CENT NGC MS-64 RED ** FULL RED MINT LUSTER **
$0.99 (1 Bid)
Time Remaining: 6d 22h 25m

1972/72 DOUBLE DIE LINCOLN CENT PENNY NGC MS-64 RB
1972/72 DOUBLE DIE LINCOLN CENT PENNY NGC MS-64 RB
$499.77
Time Remaining: 9d 15h 33m
Buy It Now for only: $499.77

1972 DOUBLE DIE---NGC GRADED UNC. DETAILS-VERY NICE...RED SPECIMAN
1972 DOUBLE DIE---NGC GRADED UNC. DETAILS-VERY NICE...RED SPECIMAN
$595.00
Time Remaining: 18d 21h 56m
Buy It Now for only: $595.00

You're not just limited to pennies...your interest might lay in larger silver coins like Morgans or Peace Dollars. While they are a little more expensive to acquire every coin dealer has a junk coin bin. And searching there, making it to local auctions, online auctions and sometimes just trading with friends and other coin collectors can help you find the coin you're searching for.

1900 Vam 11 Double Arrows Top 100 Morgan AU 0RS3
1900 Vam 11 Double Arrows Top 100 Morgan AU 0RS3
$102.00
Time Remaining: 43m
Buy It Now for only: $102.00

1888 MORGAN DOLLAR GEM BU DOUBLE DIE OBV VAM II    q25
1888 MORGAN DOLLAR GEM BU DOUBLE DIE OBV VAM II q25
$121.50
Time Remaining: 1h 25m
Buy It Now for only: $121.50

BRILLIANT UNCIRCULATED
BRILLIANT UNCIRCULATED " DOUBLE EAR VAM " 1889 MORGAN SILVER DOLLAR US MINT COIN
$79.00
Time Remaining: 16h 3m
Buy It Now for only: $79.00

1890-P SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9002
1890-P SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9002
$37.95 (1 Bid)
Time Remaining: 18h 12m

1878-S SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9003
1878-S SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9003
$44.95
Time Remaining: 18h 14m

1883-O SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9005
1883-O SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9005
$37.95
Time Remaining: 18h 20m

1903-P SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9006
1903-P SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9006
$45.95 (1 Bid)
Time Remaining: 18h 23m

1878-S SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9007
1878-S SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9007
$44.95
Time Remaining: 18h 26m

1885-P SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9008
1885-P SILVER MORGAN DOLLAR /SCARCE/DOUBLE SHARP/Z9008
$37.95
Time Remaining: 18h 29m

So how do you find these valuable coins like the pennies and silver dollars above? You start by checking your change. Sometimes a little education about what to look for helps. There are 3 great books that can help with your searches.

Cherrypickers' Guide to Rare Die Varieties of United States Coins: Half Dimes Through Dollars, Gold, and Commemoratives (Official Whitman Guidebook) is a great place to start. I've pretty much worn out my copy over the years.

The second is Strike It Rich with Pocket Change and should be in everyones arsenal of tools when looking coin varieties.

The last book in this list of required reading for coin collectors is A Guide Book of United States Coins 2010: The Official Redbook. Of the 3 coin books this is the one that's on my desk and used daily. All my searches start here.

Don't let that loose change go to waste when it may just be worth a lot more than you think. More than one coin collector has cut their teeth learning about coin varieties and mint mistakes. Good luck in your search and have fun!