Errors During Minting
If you are a collector, you will know that the most valuable pieces would be rare coins in perfect condition and those with errors. Thanks to the flaws and anomalies on the “error” coins, they are considered rare commodities. These coins might have errors, but they usually make their way into the circulation. If an error coin stays in circulation for an extended period of time, its value goes up!
These Iconic Coins
There are legends about mythical copper pennies that entered the circulation thanks to an error. Heritage Auctions said, “Stories appeared in newspapers, comic books, and magazines, and a number of fake copper-plated steel cents were passed off as fabulous rarities to unsuspecting purchasers.“ It went on to say, “Despite the mounting number of reported finds, the Mint steadfastly denied any copper specimens had been struck in 1943.” These rumors eventually reached the ears of Don Lutes Jr.