Ways You Can Spot Rare Valuable Money In Your Wallet

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- [Narrator] If your wallet in your back pocket, you could be sitting on a fortune and not even know it. Countries all of the world like to print notes or cost coins that are in very small amounts or they make little mistakes during the printing or molding process that lead to your notes and coins being slightly different from usual. Guess what? These notes and coins are collectable. If you have them in your wallet, there's someone who will pay you for them and not just pocket change. Here's our list of ten ways you can spot rare valuable money in your wallet. Amazing. Number ten: Mistakes on American Coins. Around 13 billion coins are minted in the US every year, but it's difficult to process and sometimes mistakes are made. If you can find a coin with a mistake on it, that's where the rarity is and that's where the money is. Here is a nickel from 2005 with a bison engraved on it. An error by the minting machine led to 900 of them looking like the bison had a spear stuck in it's stomach. These change hands for about $1,250 today. Also, if you've got one of these 2004 Wisconsin quarters with four leaves on the corn husk instead of three, you've actually got $300 rather than 25 cents. Here's another one. A 2005 Kansas quarter, where they accidentally engraved in God We Rust, rather than Trust. Then on this dollar coin from 2005, they forgot to write In God We Trust on it all together. These coins sell for over $100 each. Look out for this one also. A printing error making this penny from 1999 led to a wider gap between the A and the M in America. These coins are worth $500 bucks now. My advice is to keep your eyes peeled. You never know what you may find. Number nine: The New British Fiver. In October 2016, the Bank of England caused the nationwide craze, while launching a new five pound note into circulation. These Fivers, as us Brits call them, are smaller than before and made of a polymer that's hard wearing and hard to forge. Collectors scrambled to find the ones with the low serial numbers. The first batch have the prefix AA01. So if you found one of those, it's definitely worth more than five pounds. Another one with the serial number AA01, followed by six fours, sold on Ebay for over 60,000. Elsewhere a Fiver with a serial number AA01 000017 sold to a collector for over 4,000 pounds. Also James Bond fans are paying over 5,000 pounds on Ebay for notes with 007 at the end of the serial number. Even rifle fans are shelling out for an AK47 notes. If you're wondering where number AA01 000001 is, I'm afraid it was given to the Queen. Oh, and another interesting thing to look out for for the polymer five pound note, is a small very visible engraving of Jane Austin, four rare limited edition Jane Austin notes were released which are estimated to be worth around 50,000 pounds each. The tiny portraits were designed by micro engraver Graham Short and as I'm making this video, one such note is still out there waiting to be found. Number eight: Mistakes on British Coins. Sure the Americans have made a few mistakes while minting their coins, but the Brits are no better. Take this 50 pence coin commemorating the London Olympics in 2012. Designers tweaked the original design to make the swimmer a bit more visible but not before six hundred of the original coins were released into the system. The invisible swimmer coin fetch around 3,000 pounds today. Also, in 2008, the minters forgot to put the date on this 20 pence coin. These dateless coins sell for around 200 pounds today but it's not just simple design errors that are valuable. As back in 1971, they even managed to mint coins on the wrong metal. British 2p's are normally copper but a machine error sawed a two pence design engraved on the nickel usually used for ten pence pieces. If you find one of these silver 2p's, you'll end up with over 1,300 pounds in your pocket. That's over 65,000 times the value of the coin face itself. Number seven: Special Edition British Coins. When us Brits can actually mint our coins properly, we produce coins to commemorate special events and anniversaries. Usually there are only a relatively low quantity of these coins, which makes them sought after by collectors and valuable if you come across them. This is a 2011, 50 pence coin, celebrate the 250th anniversary of Kew Botanical Gardens in London. 210,000 of these coins were made, compared to the seven million that were produced for special 50 P coins according to this graph. A Kew Gardens 50 pence is actually worth 50 pounds today. Or how about this. Here's a two pound coin designed to celebrate the life of Charles Dickens. It's got all the titles of his books written on it in really tiny writing. If you've got one of these, you'll have great expectations of selling it for 20 pounds. Alternatively, this is a two pound coin celebrating the 400th anniversary of Guy Fawkes' attempt to blow up the houses of Parliament in 1605, back when we celebrated that sort of thing. The value of this coin has exploded to around 16 pounds today. Number six: Special Edition Euro Coins. If you're in the Euro zone, you can get into the fun too. The currency may not have been around for hundreds of years, but there are rare, special edition euro coins that can fetch a good amount, even though they're not official countries of the EU. Vatican City and Monaco have both released commemorative euro coins. The one from the Vatican City celebrates the Catholic Churches 2005 International Youth Day and is now worth about 100 euros. Alternatively, the Monaco coin features a picture of Princess Grace, who used to be the film actress, Grace Kelly. If you find one of them, you could swap it for around 300 euros. Then there's this rather funky looking five euro coin from Germany, known as the blue planet coin, because of the blue ring and transparent appearance. If you're lucky enough to find one of these, they're worth around 35 euros now. I'd keep it and look at it. Number five: The 1943 Copper Penny. Most of the valuable American coins are the mistaken ridden ones I showed you earlier, however there is one special coin that's probably the most sought after in America. Every one knows penny coins are made from copper? Right? Well, during World War II, all the copper in America was needed for the war effort, so in 1943, when they needed new pennies, they made them out of steel. That is except for about 40 pennies, which they still made from copper. These copper pennies with Abraham Lincoln on the face are now worth between $10,000 and $1,000,000 dollars depending on their condition. These coins still turn up in general circulation from time to time, so keep your eyes peeled for the 1943 copper penny. Number Four: Mistakes on US Banknotes. Something you may not know about America banknotes is that it takes three passes with the printer to finish them and they're printed in sheets of 36. That means if the printers aren't working properly, it can lead to some pretty interesting mistakes. Of course, these mistakes are worth money. If you ever find a banknote that doesn't look quite right, well it could be your lucky day. Check this dollar bill where the paper was accidentally folded before the third printing. That's worth about $500 today. Or this one, where the printers got misaligned, so you get half of one bill and half of the next one. That's worth about $600 bucks. That's a lot of dollar. Number Three: Rare US Banknotes. The most valuable banknotes in the US are the 1890 grand watermelon 1,000 dollar bill, which sold at auction for $3,200,000 in 2014. The second most valuable is the red seal $1,000 bill from 1891, which fetched $2,500,000 in 2013. Then there are dollar bills with red seals. They used to be relatively common though and were only phased out in the mid 90s. You probably don't have any of those sitting in your wallet right now, but why not ask your parents or grandparents what they've got laying around. One valuable note you may have on you right now is the haunted note. If you've got a dollar bill with the number 666 hidden in it's serial number, than some devil may give you 20 bucks for it on Ebay. Number Two: Trial Coins and the Nelson Mandela Coin. Wherever you are in the world, there are examples of rare notes getting into the general flow of money. If you find some money that looks unusual, it's always worth checking out what it is. In South Africa, every time there's a special event, the government likes to mint a special coin. This is a five round coin commemorating Nelson Mandela's 90th birthday back in 2008. Depending on quality, some of these coins change hands for up to $1,000 today. The amazing thing is this coin isn't even super rare. Five million of them were printed. People just love Mandela so much they kept their coins as a souvenir, taking them out of circulation and driving up their value to collectors and back to the UK where a one pound coin, which isn't even legal tender, is worth over 100 times more than it's legitimate counterpart. You see, in preparation for launching the new 12 sided one pound coin, which contains features making it much more difficult to counterfeit, around 200,000 trial one pound coins were introduced. A royal mint representative said they were given to industry stakeholders for the purpose of calibrating or upgrading coin handling equipment ahead of the coin's introduction in March 2017. These coins aren't even legal tender, but they include the word trial on them. The ones with the 2016 date have been selling for over 200 pounds. Number One: Serial Numbers. Where the real action is in collecting American banknotes, is the serial number. Collectors will pay fortunes for interesting looking serial numbers. To find out if those eight digits on your bill are worth something, check out the numbers on your notes. If they're really low, maybe you've got a winner. A $100 bill with a serial number 00000001 is worth around $15,000. Also look for solid groups of the same number. A five dollar bill with eight threes on it is for sale for around $13,000. Also a dollar with the number nine repeated seven times, followed by the number five, sold for $1,500. Look for forward or backward runs of the numbers too, or palindromes like 12211221. Collectors love them. Otherwise, look for distinctive numbers. One of the most sought after serial numbers is known as the pie note; 31415927. Finally, there are star notes. When something has gone amiss in the printing of a note, they put a little star at the end of the serial number to signify that the note was printed again. These are very rare and collectors will pay big money for them. So remember to always check your change. You never know what fortunes you may be sitting on. It could be time to cash in. Have you ever found a rare note or coin in your wallet? Did we help you spot one? I'd like to know. Leave a comment. Also, if you enjoyed this video, please make sure to drop a like and subscribe. You'll also want to click this video on screen to find out the hidden security features of your money. It's pretty interesting. Thanks for watching. (upbeat music)
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Keywords: rare money, rare coins, rare notes, collectable coins, collectible coins, collectable notes, collectible notes, collectible, collectable, notes, coins, money, valuable, mistakes, errors, mules, banknotes, trial, coin, note, bill, bills, serial number, serial numbers, code, codes, beamazed, top 10, rare, currency, dollar, silver, bank, cent, error, rare currency, coin collecting, coin collecting help, penny, dime, quarter, american, coin hunting, finding hidden treasure, secret, valuables
Id: 4wJWB4CqJIE
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Length: 11min 20sec (680 seconds)
Published: Sat Apr 22 2017
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