We often search for riches in obvious places like property, investments, or large assets. But true treasures can sometimes hide in plain sight—inside jars, drawers, or old family albums, where long-forgotten coins may reside. Some of these coins, especially from the 1920s, are now worth extraordinary sums due to their age, rarity, and historical context. Imagine discovering that a coin passed down from a relative or one you’ve kept for years could fetch thousands—or even millions—on the collectors’ market.
These seemingly ordinary items have become highly desirable over time due to limited mintage, condition, and unique attributes. In this article, you’ll discover four standout coins from the 1920s that could be hiding in your collection. Each of these coins holds immense value not just because of age, but due to their scarcity and significance in the numismatic world. Keep reading to uncover whether your coins could be a fortune waiting to be found.
Why Are Old Coins Valuable?
Old coins aren’t just money — they’re a piece of history. Their value increases over time due to:
Coins from earlier periods are more than just currency—they represent moments frozen in time. Their increasing worth stems from various factors that make them appealing to both collectors and historians. One of the biggest reasons old coins become valuable is their low production numbers; the fewer that exist, the more demand there tends to be. Coins with errors, like misprints or off-center designs, also fetch higher prices because of their rarity. Their historical relevance—perhaps linked to a major event or shift in society—adds another layer of interest and financial value.
Additionally, the metal content matters; coins made of silver or gold naturally hold intrinsic value based on market rates. Lastly, the strong interest from collectors around the world creates a competitive market that can drive prices up dramatically. All these aspects come together to transform ordinary-looking coins into highly prized artifacts of monetary and cultural history.
4 Rare Coins From the 1920s Worth Big Money
Let’s take a close look at the top four valuable coins from the 1920s that could still be found in someone’s personal collection.
Some of the most coveted coins in American numismatics come from the 1920s, a decade marked by economic shifts and evolving minting practices. Though these coins were once part of everyday transactions, today they are rare finds—especially in high-grade condition.
Among the thousands of coins produced during this time, a select few stand out for their unique qualities and potential value. The following four coins from this era are considered especially valuable due to a combination of limited mintages, pristine preservation, and collector demand.
What makes these pieces even more intriguing is the possibility that they might still exist in everyday households, tucked away in forgotten collections. Each coin on this list has specific features that make it highly sought after, such as unique designs, historical relevance, or association with a particular mint. Learning about them not only increases your appreciation of coin collecting but could also lead to a valuable discovery in your own collection.
1. 1921 Peace Dollar
The Peace Dollar was first released in 1921 to mark the end of World War I. That year’s version is very special because it features a high-relief design, meaning the image on the coin is more raised than usual, giving it a beautiful look.
The 1921 Peace Dollar holds a special place in U.S. coin history, being introduced to commemorate the peace following World War I. Unlike other years, the 1921 issue features a high-relief design, making the artwork on the coin stand out in a visually striking way. This high-relief style wasn’t easy to produce, which led to a lower output, with just over a million minted. Due to its short production span and striking appearance, collectors consider it one of the most iconic silver dollars.
The coin’s composition of 90% silver further enhances its desirability and market value. Well-preserved examples, particularly those graded as mint state, have been known to sell for more than $100,000. Because of its beauty, scarcity, and symbolism, the 1921 Peace Dollar is one of the most prized items among numismatists. If you come across one, have it professionally graded to determine its true market value.
2. 1926-S Buffalo Nickel
The Buffalo Nickel, also known as the Indian Head Nickel, was produced from 1913 to 1938. Among all the Buffalo Nickels, the 1926-S version is one of the rarest in high grade. While millions were made, most of them were used and worn out in daily circulation.
The 1926-S Buffalo Nickel is a hidden gem within the broader series of Indian Head Nickels produced between 1913 and 1938. Although the mintage was not extremely low, with millions released, very few have survived in excellent condition due to extensive circulation. This makes mint-state examples exceptionally rare and valuable. The “S” mintmark, located beneath the words “Five Cents” on the reverse, indicates it was struck at the San Francisco Mint. A well-preserved 1926-S nickel can fetch prices upwards of $75,000 at auctions, depending on its grading and luster.
What elevates its value is not just rarity, but also its place in American culture and its detailed design featuring a Native American profile on the front and a buffalo on the back. Even circulated versions of this coin can be worth hundreds or thousands, making it a must-check item for anyone exploring an old coin stash.
3. 1927-D Saint-Gaudens Double Eagle
This is a legendary coin in the world of coin collecting. The Saint-Gaudens Double Eagle was a $20 gold coin designed by the famous sculptor Augustus Saint-Gaudens.
The 1927-D Saint-Gaudens Double Eagle is a coin of mythic status among collectors and historians. Created as a $20 gold piece, it was part of a series designed by acclaimed sculptor Augustus Saint-Gaudens and is widely regarded as one of the most beautiful U.S. coins ever minted. What makes the 1927-D especially rare is that it was minted in Denver in limited quantities, and most were recalled and melted during the Great Depression following President Roosevelt’s order to pull gold from circulation.
As a result, only a small number of these coins remain, and their scarcity has driven auction prices well past the million-dollar mark. Finding one today is like unearthing buried treasure. If you’ve inherited old coin collections, this coin’s distinct high-relief design and “D” mint mark are key identifiers. It represents both artistic excellence and historical rarity, making it a crown jewel in American coinage.
4. 1920-S Lincoln Wheat Penny
This humble-looking penny could be worth a small fortune. The 1920-S Lincoln Wheat Penny was minted in San Francisco and is hard to find in excellent condition. Most of the coins from that mint had weak strikes, and the quality was often poor.
The 1920-S Lincoln Wheat Penny is an unassuming coin with impressive value, especially when found in top-grade condition. Struck at the San Francisco Mint, this penny is known for its weak strikes and inconsistent quality, making high-grade examples difficult to locate. Its rarity lies in its condition rather than its production volume; many coins from that year suffered from poor handling and wore down quickly in circulation.
A pristine version of this coin with a sharp image, smooth surface, and clear “S” mintmark can be worth more than $10,000. Collectors are particularly drawn to Lincoln Wheat Pennies due to their historical charm and simplicity. So, if you’re sorting through old jars or inherited coin boxes, pay special attention to pennies with the “S” mark beneath the date. You might be looking at a valuable piece of history that has quietly appreciated in value for over a century.
Tips to Identify Valuable Coins
Here are some basic things to keep in mind when checking your coins:
Recognizing the true value of an old coin often requires a careful eye and a little knowledge. First, always inspect the date and mintmark—these small details can make a huge difference. Mintmarks such as “S” for San Francisco or “D” for Denver help determine where the coin was made and often hint at its rarity. Next, look for any visible errors, like off-center designs, double strikes, or missing elements, as these mistakes usually add significant value.
The overall condition of the coin is equally crucial. Coins in mint or near-mint condition, meaning they show minimal wear, are typically more desirable. A magnifying glass can be a useful tool to spot fine details that are hard to see with the naked eye. Lastly, never clean your coins, as doing so can reduce their value considerably by removing natural patina or causing scratches that devalue the surface.
Last Thought
Coin collecting is more than just a hobby—it’s a chance to uncover pieces of history and possibly strike financial gold. The 1920s produced some of the most fascinating and valuable coins in American history, and they could still be hiding in your own home. Whether passed down through generations or found in a forgotten drawer, these coins can hold immense worth.
Taking time to learn what to look for—such as mintmarks, condition, and rarity—can turn an ordinary penny into a prized collectible. If you come across a coin that seems special, don’t hesitate to have it appraised by an expert. What seems like a simple artifact could be your gateway to a small fortune. So, the next time you stumble upon an old coin, take a closer look—it might be the hidden treasure you’ve been hoping to find.