There Are Dimes In Circulation Worth Almost $2 Million And This Is How To Spot Them

most of us don't think much about the type of currency we use still as our society's evolved so is the way we pay for things for instance it seems like we hardly ever need to deal with loose coins but sometimes that change rattling around our pockets is worth more than the metal they're made with in fact those coins would be more valuable than you ever imagined for instance in 1894 a few dozen dimes known as Barbour dimes were minted when you learn just how much they're worth today you might make a beeline for your couch cushions chances are whenever you pay for an item in cash and you get a handful of change back you don't spend much time inspecting it you're in too much of a rush there's a very good reason you should though did you know that among your handful of pennies nickels and quarters you might be holding something that's incredibly rare as it turns out some of the coins sitting on your nightstand are worth a pretty penny coin experts are now alerting people that some of the dimes lying around their homes will bring a hefty payday so get ready to flip your couch cushions because if you have one of these rare dimes you'll never have to work another day in your life sometimes in circulation are actually worth upwards of 1.9 million dollars each and experts are saying you could potentially have one in your possession right now and not even know it can you imagine these extra special and nearly priceless rare dimes were first minted in the United States in 1894 in popular coin collecting circles these small pieces are known by their original name the 1894 s Barbara dime sounds fancy it's incredible to think that this seemingly ordinary bit of change sitting in your pocket could be so valuable it's really only supposed to be worth a measly 10 cents right perhaps this will explain why these dimes are worth so much the story behind the minting of the barber dime is like something out of a fairy tale in 1894 John Daggett the former superintendent of the San Francisco mint had just 24 special dimes created It was as if he wanted to make a rare coin from the start but he wasn't going to keep all the coins to himself once the Barbour dimes were officially minted John gave three each to seven of his closest friends and the remaining three to his youngest daughter Haley John told Haley not to spend any of the dimes until she was older knowing that they would become quite valuable however she was a child then and almost as soon as she received the dimes she spent one on ice cream when word of the Barbour dimes rarity began to spread someone managed to track down the one that Haley had used for her snack discovered in 1957 at the Gimbels department store in New York City it sold for just two dollars and 40 cents in 1981 that same dime fetched a whopping thirty four thousand dollars at auction it was later when the two remaining Barbour dimes were sold to coin dealer Earl Parker that their latest value was revealed those dimes were worth about 1.3 million and one point nine million dollars respectively currently there are rumored to be only nine original Barbour dimes left in existence with no evidence to know what happened to the other fifteen of those nine experts say there are still two left in circulation the rest reside with collectors in comparison a regular dime minted in 1894 may still be worth more than a paltry 10 cents but you're not looking at anywhere near the payout you'd receive if you were in possession of one of these original Barbour dimes coin collectors suggest that today a standard 1894 dime is worth anywhere between 29 and 600 dollars this is why it always pays to be on the lookout for strange or unusual coins in the next handful of change you received it might seem like it's a waste of time but the truth is you never know what secrets might be hiding in your wallet someone has to be in possession of these rare Barbour dimes and many other rare coins who's to say it isn't you while the chances of finding something as rare is a true barber dime are pretty low that doesn't mean it's impossible after all two of these rare coins are still in active circulation and you never know one might just wind up in your piggy bank should you be so lucky to find one of the two remaining barber dimes in your home what would you do with it well first you need to judge the quality the condition determines how much should be paid typically rare coin collectors look for specific qualities in each which is why the value varies as you can see the way the coin is aged plays a part in its value in the market so you can assume that the one that sold for 1.9 million was in mint condition or close to it if you think you own a multi-million dollar barber dime but you aren't sure seek out professional guidance who knows perhaps you're in possession of another rare coin with a hefty payout of course there are plenty of quality coin appraisers around the world who can tell you if your dime is the real deal if it is Congrats on hitting the jackpot there's nothing better than turning a measly dime into a wealth of money finding a coin as rare as the barber dime must feel a lot like winning the lottery your chances might even be a little better though keep your eyes open and your fingers crossed [Music]

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Id: SmbpmfnEDlo

Length: 5min 23sec (323 seconds)

Published: Mon Feb 04 2019