Rare half dollar sells for $15,100 online – is there one in your collection?

A RARE half dollar coin was recently sold online for $15,100.

Buying a coin for such a large amount of money may seem a little illogical, but The Sun reveals if the buyer overpaid or underpaid for the coin.

Experts determine a coin's value based on a variety of factors, including mintage, number of errors, demand, age, design and condition.

This coin, which is a Seated Liberty Half Dollar, has a pretty unique mintage date.

The Seated Liberty Half Dollars were introduced in 1839 and minted until the late 1800s, and they were issued by the Philadelphia, New Orleans, Carson City and San Francisco Mints.

However, in 1854, Liberty Seated Half Dollars were minted only at the Philadelphia Mint in a relatively small quantity of just 33,140 pieces.

With such a low number produced that year, the Liberty Seated Half Dollars dated with the year 1854 are rare and considered to have significant historical value.

Though the coin is valuable, $15,100 may have been a bit too much.

According to the USA Coin Book, the estimated value of an 1854 Seated Liberty Half Dollar is only worth $58 in average condition.

It can be worth $787 to $1,767 or more in uncirculated mint conditions.

Other valuable half dollars

This half dollar is not the only half dollar that can put quite a bit of cash in your wallet.

A 1905 silver Barber half dollar was recently sold for about $3,900 and an 1815 capped bust half dollar was sold for more than $7,500.

Along with half dollars, you will also want to check your pocketbook for dimes, Lincoln pennies and quarters because some of these coins can sell for thousands, too.

How to find rare coins

Coin collecting is a great, low-cost hobby, and you can find rare coins in everyday places, such as couches, pockets of clothes and drawers.

You can also purchase rare coins at auction houses, antique stores, pawn shops, coin collecting clubs and online through USA Coin Book or eBay.

The hunt can be exciting and thrilling and getting friends and family involved can take the fun to the next level.

Along with this coin, The Sun discusses how a Lincoln 2021 penny sold for $272.

Plus, we reveal what makes the double eagle coin worth up to $18.9million.