Minting Errors: Rare coins often derive their value from minting errors or unique characteristics. However, these errors are usually caught during the minting process, and any coins with such significant errors would likely not have been released into circulation.
Collectors and Dealers: Rare coins are typically identified and removed from circulation by collectors, dealers, or the institutions that handle currency. Once a coin is recognized as valuable, it is often withdrawn from circulation and sold to collectors or investors.
Authentication and Grading: Even if rare coins were to somehow enter circulation, they would likely be identified and authenticated by experts or grading services. Once authenticated, their value would be realized, and they would be removed from circulation.
Limited Number: The idea that there are eight rare dimes and a rare Bicentennial quarter worth $1.50 million each still in circulation is highly improbable given the limited number of such coins in existence.
1909-S VDB Lincoln Cent: This coin is one of the most sought-after Lincoln cents due to its rarity and historical significance. The "S" mintmark indicates it was minted in San Francisco, and the initials "VDB" represent the coin's designer, Victor David Brenner.
1916-D Mercury Dime: Minted in Denver, Colorado, the 1916-D Mercury Dime is highly coveted by collectors. Its scarcity, coupled with its iconic design featuring the allegorical figure of Liberty with wings on her cap, makes it a prized addition to any coin collection.
1893-S Morgan Silver Dollar: The 1893-S Morgan Silver Dollar is one of the key dates in the Morgan Dollar series. Minted in San Francisco, it has a relatively low mintage, making it scarce and highly desirable among collectors.
1932-D Washington Quarter: The 1932-D Washington Quarter is notable for being the first year of issue for the Washington Quarter series and for its low mintage at the Denver Mint.