What Makes a Coin Worth More Than Its Value?

Imagine you have a toy that only one other kid in the whole world has. That toy is super special, right? Coins work like this too. If only a few people have a coin, it can be worth more than its face value. Sometimes coins are old or made differently, which makes them even rarer and more valuable.

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Examples

A coin from the year 1900 might be worth more than $100 if only 50 were made.
A shiny new coin that was accidentally struck twice could be worth hundreds of dollars.
A kid found a rare coin in an old jar and sold it for enough to buy a video game console.

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Categories: Economics · numismatics,rare coins,coin collecting