Your Old Canadian Pennies May Now Be Worth $250,000

Check your pockets!
Your Old Canadian Pennies May Now Be Worth $250,000

Finding treasure is a lot of hard work. First you need a map (preferably with an X on it), some pirates friends, and a desert island.  Seriously, who has that kind of time?!

But there is a much easier way to go treasure hunting. All you need is a stash of old change and you never know what treasures you might uncover. 

Last year a Canadian man went to Tim Hortons and recived a weird looking quarter in his change. He looked it up and it turns out he was given a super rare "Bobcat Quarter" which actually contains up to 80% Silver. 

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I guess it never hurts  to check your change.

So we did a little snooping to find the most valuable coins which may be lying between your couch cushions, or even in an old drawer.  That's when I came across this: 

The 1936 "Dot" Penny 

Via Heritage Auction

This penny is known as "the undisputed King of Canadian Pennies".  After King Edward VIII's  abdicated the throne in 1936 the Royal Canadian Mint's molds were no longer valid. So to make sure these new pennies were different, they added a raised "dot" below the date. 

So far only 3 pennies are known to exist which makes them incredibly rare, and back in 2013, one of them sold for more than $253,000.

So when you get home tonight, do yourself a favor and take a quick look at some of your old pennies. You could be sitting on a goldmine. 

If you don't have one of these "raised dot" pennies, worry not.  There are a ton of rare pennies out there just waiting to be found and they don't even need to be very old. 

There is a rare penny from 2006 that's worth thousands of dollars! The penny is supposed to have a small "P" below the image of the queen, but because of an error, some of them were released without the "P". In 2013 one Canadian found a jar containing over $300,000 worth of these rare pennies

Click here to see the 10 most valuable Canadian pennies. 

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