Read the full story at Yahoo Finance: If you’ve ever found a dollar bill or a coin that feels unique, you may have discovered a rare currency that could be worth thousands. If you’re an avid coin collector or you just stumbled upon a fascinating coin, you’ll likely want to know if that rare currency holds any value.
How can you tell if paper money and coins are valuable?
Look for Oddities To Find Out If the Currency Is Rare
“Oddities that can make currency more valuable include currency that was never circulated, printing mishaps, bills with a serial number consisting of the same digit repeated and high-denomination bills that are no longer printed — $500 and above,” said Todd Stearn, founder and CEO of The Money Manual.
“Some very old bills and coins are quite valuable, as well,” added Stearn.
Here are the oddities to help you determine if your bills and coins are worth thousands or more.
Explore More: 10 of the Most Valuable Pennies
Look at the Sizing
“A great first thing to look at is the size of the bill/font. Small-face, old U.S. Currency sells for a premium,” said Seth Gold, vice president at American Jewelry and Loan in Detroit. “If you are new to collecting currency, this is a great first place to start.”
Check the Date
“Here is a simple rule of thumb: If you encounter dimes, quarters and half dollars that were minted — dated — on or before 1964, those coins are worth more than face value, because they contain silver content,” said Gold.
Read the full story here.
