8 Rare Coins That Fetch A High Price At Auction: Worth Has Nearly $10 Million Value

Spread the love

8 Rare Coins That Fetch a High Price at Auction: Worth Has Nearly $10 Million Value : Numismatics, or the collecting of coins, can be a pastime or an investment. Certain gold and silver coins have values that can be extremely high or low. The world’s rarest and most valuable coins are showcased in this list of 10.

Table of Contents

8 Rare Coins That Fetch a High Price at Auction: Worth Has Nearly $10 Million Value

1. 1849 Double Eagle Gold Coin

The gold 1849 Double Eagle coin is thought to be the rarest and most valuable coin in US history, and there is now just one in existence. The coin, which was produced in 1850 but is marked with the year 1849, is one of only two trial pieces that identified the era of the $20 coins, often known as Double Eagles. The coin’s manufacture also happened to coincide with the beginning of the California gold rush.

The Smithsonian Institution’s National Numismatic Collections is home to the last surviving specimen, which is being meticulously conserved. With an estimated worth of $20 million, the 1849 Double Eagle is currently the rarest and most valuable coin in the world.

2. 1933 Double Eagle Gold Coin

In 1933, the Double Eagle gold coin was minted by the U.S. However, the coin was withdrawn from circulation later that year, despite over 400,000 specimens being created.

Despite the considerable number of coins that were produced, it wasn’t actually circulated, and the vast majority of pieces were melted down, with a few also being stolen and eventually obtained by collectors. Some of the stolen coins were retrieved and subsequently destroyed. There are therefore believed to be less than 15 pieces remaining today, including one which sold in 2002 at an auction for a staggering $7.59 million.

Two are also housed at the U.S. National Numismatic Collection, whilst an impressive 10 coins are currently situated in Fort Knox.

3. Silver Flowing Hair Dollar

The very first dollar coin to be issued by the U.S. federal government, the Flowing Hair dollar silver coin was minted back in 1794.

The coin was designed by Robert Scot and its size and weight were intentionally similar to the Spanish dollar, which was a popular coin at that time. Consisting of 90% silver and 10% copper, the coin featured a bust of Lady Liberty on one side and the image of an eagle on the other. This coin ceased circulation the following year – however, its historical significance and current rarity makes it a favourite amongst many collectors.

4. 1787 Brasher Gold Doubloon

Ephraim Brasher, a goldsmith, was the creator of the 1787 “Brasher” Doubloon Gold Coin. After the State of New York legislature rejected Brasher’s request to manufacture new copper coins, he created this gold coin on his own initiative and in addition to copper coins.

There are several variations, all of which have Brasher’s signature. One coin with the eagle’s breast hallmark sold for an incredible $7.4 million in 2011, while another coin with the same markings brought in £4.5 million only three years later. Only a few of these coins remain in circulation today.

5. 2007 ‘Big Maple Leaf’ 100kg Gold Coin

The Royal Canadian Mint struck six record-breaking 100kg Queen Elizabeth II Maple Leaf coins in 2007, the first coin to have a face value of $1,000,000.

These enormous coins were made to highlight the new edition Canadian Maple Leaf gold coins, which feature a picture of Queen Elizabeth II on the obverse and three maple leaves on the reverse.

ALSO SEE

Bicentennial Quarter Bonanza: 3 Rare Coins Worth $5 Million Each!

6. 1913 Liberty Head Nickel

The Liberty Head Nickel was initially issued in 1913 and carried a face value of just 5 cents. An unusual one for this list, as although it is one of the most valuable coins ever sold at an auction, it also holds the title of the ‘most valuable non-precious metal coin’.

The coin was created without being approved by the US Mint, and only a very small number made it through the production process. In fact, their existence wasn’t even widely known until 1920, as they were all owned by former US Mint worker Samuel Brown.

In 1972, one of these limited-edition Liberty Nickels went on to become the very first coin to achieve a sale value of USD $100,000. Only five of these coins are thought to be around today, with one selling for an incredible $3.7 million in 2010.

7. 1804 Silver Dollar

Whilst the name would suggest it was minted in 1804, this Silver Dollar did not obtain minted status until the 1830s.

The 1804 dollar coin was created during Edmund Roberts’ diplomatic efforts as part of the gifts bestowed upon Siam and Muscat. The coins can be separated into three distinct classes, with just 15 coins believed to exist in total.

The Class I division is believed to be the most valuable of these pieces, with one that was previously owned by the Sultan of Muscat being sold for $4.1 million in 1999.

8. 1822 Half Eagle Gold Coin

One of the rarest coins ever found is the 1822 Half Eagle gold coin. John Reich designed the eagle, which the U.S. Mint released with a $5 denomination.

The 1822 currency was produced in about 17,800 pieces, but only three are thought to survive today. Currently, the Smithsonian Institution’s National Numismatic Collection houses two of these. In 1982, the last Half Eagle coin was sold for over USD $700,000.

Author

JASMINE GOMEZ

Jasmine Gomez is the Wishes Editor at Birthday Stock, where she cover the best wishes, quotes across family, friends and more. When she's not writing for a living, she enjoys karaoke and dining out more than she cares to admit. Who we are and how we work. We currently have seven trained editors working in our office to produce top-notch content that you can rely on. All articles are published according to the four-eyes principle: After completion of the raw version, the texts are checked by (at least) one other editor for orthographic and content accuracy.
View all posts