A THOMAS Jefferson nickel with an error has sold for $270 on eBay.
The error present on the coin is a double strike.
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“A double strike occurs when the coining press fails to eject a newly minted coin completely from the striking area, and it then receives a second blow from the dies while partially outside the collar,” coin service website Fleur de Coin wrote.
Many of these double-struck coins have their own unique looks.
On the coin that sold, you can clearly see the error on the obverse, which features a stamped Monticello vertically across Jefferson’s head.
The Monticello is the building normally featured horizontally on the reverse of the Jefferson nickels.
While the year is tough to make out on the coin too based on the photos, the seller claims that it's 1939.
Moreover, the seller claims this is D coin – meaning it was minted in Denver.
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After 34 bids, the 1939 Jefferson nickel sold for $270. That would mean the nickel is now worth nearly 540,000% of its original value.
Currently, there are various double-struck Jefferson nickels listed on eBay in the thousands.
Rare coins
You may be holding something valuable in your wallet. Check out these articles on rare coins to see if you may have a treasure hidden deep in your pockets.
Some other coins with double-struck errors are quite valuable too.
This includes a Washington quarter, which featured the second strike 65% off-center at the nine o’clock area.
The quarter sold for $218 online.
But as always - make sure you're aware of possible fakes online.
To avoid this, make sure you check the seller’s history and whether or not the coin was certified in the listing.
What is your spare change worth?
In addition to quarters and nickels, make sure you check your change for rare dimes, half dollars, Lincoln pennies – because these could be quite valuable too.
The most valuable coins are usually those with a low mintage or an error, as they're deemed the most valuable by collectors.
To check out if your coins are worth anything on eBay, search the full name, select the "sold" listing and then toggle the search to "highest value.”
It will give you an idea of the amount of money that the coin is going for.
You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book.
In other rare coin news, five error coins recently sold for more than $1,000.
Read More on The US Sun
We’ve explained the state quarters.
Plus, we show you how to find rare coins including ones featuring Lincoln.
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