The 1960s were a fascinating era for coin collectors, producing some rare and highly sought-after coins. Whether due to minting errors, low production numbers, or unique historical significance, certain coins from this decade can fetch impressive prices on the market today. If you’re a collector or simply curious, here’s a list of the top five rare coins from the 1960s that are worth a lot of money.
1. 1969-S Lincoln Cent (Double Die Obverse)
One of the most famous and valuable coins from the 1960s is the 1969-S Lincoln cent featuring a double die obverse (DDO). This error coin displays prominent doubling on the inscriptions “LIBERTY,” “IN GOD WE TRUST,” and the date “1969.” These features make it a prized possession among collectors.
The rarity of this coin lies in its limited numbers, as most of the double-die coins were mistakenly destroyed during production. Authentic examples in excellent condition can sell for tens of thousands of dollars at auction, with some fetching over $100,000.
2. 1964 Kennedy Half Dollar (Accented Hair)
The 1964 Kennedy half dollar marked the introduction of this coin series, issued shortly after President John F. Kennedy’s assassination. The “accented hair” variety is a rare version of this coin, identifiable by the distinctive detailing on Kennedy’s hair above his ear.
This variety is believed to have been part of the initial production run, later altered due to objections from Kennedy’s family. Only a small number of these coins exist, making them a treasure for collectors. Depending on the condition, these coins can command several thousand dollars.
3. 1965 Special Mint Set Coins
In 1965, the U.S. Mint temporarily halted the production of proof and uncirculated coin sets due to a nationwide coin shortage. Instead, they issued special mint sets (SMS) with unique features. Among these, certain coins exhibit a satiny or mirrored finish, adding to their allure.
The 1965 SMS coins are rare due to their limited production and distinct characteristics. A complete set in pristine condition can sell for hundreds or even thousands of dollars, especially if the coins display unique toning or other striking features.
4. 1962 Franklin Half Dollar (Proof with Deep Cameo)
The Franklin half dollar series concluded in 1963, making coins from the early 1960s highly collectible. Among these, the 1962 proof Franklin half dollar stands out, particularly examples with a “deep cameo” finish.
Deep cameo coins have a striking contrast between the frosted design elements and the mirror-like background, which was rare for proofs of this era. Well-preserved deep cameo examples from 1962 are in high demand and can sell for thousands of dollars, depending on their grade.
5. 1968-S Roosevelt Dime (No S Proof)
The 1968-S Roosevelt dime is an iconic error coin that lacks the “S” mint mark, a mistake made during production at the San Francisco Mint. These no-S proof dimes are exceedingly rare, as only a few were released before the error was caught.
Collectors covet this coin for its uniqueness and scarcity. Prices for a no-S proof dime can range from $10,000 to $20,000, depending on its condition and certification.
Why Are These Coins So Valuable?
The value of rare coins is influenced by several factors, including their rarity, condition, historical significance, and demand among collectors. Coins with minting errors or unique features often command higher prices due to their scarcity. Additionally, coins preserved in near-perfect condition are worth significantly more than those showing signs of wear.
Tips for Coin Collectors
If you’re interested in starting or expanding your coin collection, here are a few tips to consider:
- Learn the Basics: Familiarize yourself with key terms like “mint mark,” “proof,” and “error coins.”
- Invest in Storage: Proper storage helps preserve your coins’ condition and value. Use coin holders or albums to protect them from damage.
- Research and Authenticate: When purchasing rare coins, ensure they are authenticated and graded by a reputable organization like the Professional Coin Grading Service (PCGS).
- Keep an Eye on Auctions: Many rare coins are sold through auctions, offering opportunities to find valuable pieces.
Conclusion
The 1960s produced several coins that are now highly valuable due to their rarity, errors, or historical importance. From the iconic 1969-S Lincoln cent to the unique 1968-S Roosevelt dime, these coins represent a golden opportunity for collectors and investors alike. If you’re lucky enough to find one of these gems in your collection, you might just hold a small fortune in your hands.
FAQs
1. How can I identify a rare coin?
Look for unique features such as minting errors, unusual mint marks, or limited production years. Coins in excellent condition also tend to be more valuable.
2. Are coins from the 1960s still found in circulation?
While rare, it’s possible to find valuable coins from the 1960s in circulation, though most are in collections or sold through dealers and auctions.
3. What is a “deep cameo” finish?
A deep cameo finish refers to coins with frosted design elements contrasting against a reflective background, making them highly desirable.