Got a Bag or Container of Loose Change Hanging Around Your Home? It May Be Worth Looking to See If Any of the Coins Are Valuable or Rare

If you have a bag or container of loose change lying around your home, whether it's a childhood collection or a family heirloom, it might be worth checking to see if any of the coins are valuable or rare. You could be sitting on a gold mine, and who knows, you might be able to use the extra cash to pay off some bills or go on a dream vacation.

That's what Luz Quintero and her sister, Angela Malagiere, were wondering about their collection. At her home in Moonachie, New Jersey, Quintero showed some of the coins that could have value: a few buffalo head nickels, an Eisenhower silver dollar, and at least one coin that dates back to 1887.

Watch the full story in the video player above.

While the coins may seem to be rare, Quintero said she didn't know where to turn for a reliable review of the coins’ value.

One group to consider is the American Numismatic Association, a non-profit organization that's been around since 1891. Although the group doesn't endorse any dealers, they do have a dealer directory on their website.

Among those listed was Neil S. Berman, in Mount Kisco, New York. He shared what he looks for in determining the value of a coin.

"What is it made out of? Is it rare? What’s its condition? And what’s it’s desirability?" Berman said. "The most common thing that you’ll find is silver coins. They stopped making silver coins for the most part in 1964."

Berman looked at photos of Quintero's collection, which includes quarters dating from 1908 to 1964 in coin collector books, a popular trend in the 1950s and 60s.

"They’d buy a book for a buck or two bucks and they’d try to get one coin for each date that was in the slot," Berman said. "There’s only a couple dates that are worth money...People have a hard time believing that a piece of currency made in 1899 is worth $5 or $10."

For their book of pennies, as well as the buffalo Indian head nickels, half-dollar and dollar coins, Berman estimated the value of the collection at just under $300.