5 Most Valuable Coins Discovered in Unexpected Places

5 Most Valuable Coins Discovered in Unexpected Places :- “Coins are both a hobby and [an] investment,” says Warren Zivi, the head numismatist and president of American Rarities, a coin dealer based in Boulder, Colorado. “Coins are both” “When it comes to what you choose, you need to make wise decisions.”

5 Most Valuable Coins Discovered in Unexpected Places

For individuals who are just beginning their journey in this industry, it is essential to have a clear understanding of their objectives. Are you looking to have fun with your collection as a hobbyist, or are you hoping to make some money as an investor?

Zivi believes that regardless of the circumstances, it is important to be aware of what you are doing. The phrase “Buy the book before you buy the coin” is his mantra for those who are just starting out in the industry.

The title of the book that he is referring to is “A Guide Book of United States Coins,” which is commonly referred to as the “Red Book” by coin collectors. Coin World, which provides up-to-date information on the current state of the sector, is another publication that he suggests purchasing a membership to.

1. The 1794 Flowing Hair Silver Dollar

At least for the time being, the 1794 Flowing Hair Silver Dollar might be one of the coins that holds the title of being the most costly coin ever sold. There is a school of thought amongst experts that the United States Mint was the first to mint a silver dollar.

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The reverse side of the coin depicts an American eagle, while the front side depicts a profile of Lady Liberty featuring her flowing hair. There were never more than 1,800 of these pieces ever created, and according to one expert, the number of coins that are still in circulation is somewhere between 120 and 130, making it an extremely rare coin.

2. The 1787 Brasher Doubloon

A goldsmith and silversmith from New York City named Ephraim Brasher was responsible for the creation of the Brasher Doubloon in the latter half of the 18th century. The reverse of the coin depicts the American eagle with a shield, while the front of the coin features a state seal.

The sun is rising in the background. Despite the fact that the coin is already extremely uncommon, different variants of it have been able to garner a wide range of prices due to the distinct traits that they possess.
Nearly $7.4 million was the price that was paid for a variant of the doubloon that featured Brasher’s signature EB on the breast during a sale made in 2011.

According to Coin World, a private sale of another doubloon that included the hallmark EB on the wing of the bird in 2018 brought in much than $5 million. The sale of yet another Brasher doubloon in January 2021 brought in a record-breaking $9.36 million.

3. The 1787 Fugue cent

Despite the fact that the Fugio cent has not achieved the same level of astronomical success as the first two coins on our list, it is still a collectible that may fetch a high price, and it has a fascinating history.

There is a possibility that the Fugio cent, which is often referred to as the Franklin cent after Benjamin Franklin, the founding father of the United States, was the first currency to be distributed in the newly founded United States.

The coin depicts a sun and sundial with the Latin motto “fugio,” which suggests that both the sun and time are moving at a rapid pace. This is in keeping with Franklin’s sense of humor. The phrase “mind your business” is printed at the bottom of the coin, which is a call to action for the person who is carrying it to simply pay attention to their business matters.

The phrase “We are one” is printed on the back of the coin, which also features a chain with thirteen links to represent the thirteen states that were the founding states of the United States of America.

Zivi says that a Fugio cent may be purchased for a few hundred dollars, which would make it very accessible for a coin that has such a fascinating history yet is still rather rare. There is a possibility that coins in better condition could fetch a few thousand dollars or even as much as ten thousand dollars, whereas exceptionally rare varieties could fetch tens of thousands of dollars.

4. The 723 Umayyad Gold Dinar

In addition to being one of the most highly regarded Islamic coins, the 723 Umayyad gold dinar was made from gold that was mined in a place that was owned by the caliph for the time period. The inscription on the coin reads “mine of the commander of the faithful,” and it is the first Islamic coin to make reference to a location in Saudi Arabia. According to the analysis of the specialists, there are around twelve instances of the coin in existence.

At auction in 2011, the was sold for 3.7 million pounds, which is equivalent to over $6 million. This made it the second-most expensive coin ever sold at auction. In 2019, a different version of the coin was sold for the same amount in pounds, but the worth of the coin in dollars was around $4.8 million.

5. The 1343 Edward III Florin

The reverse of the coin depicts the Royal Cross encased within a quatrefoil, while the front of the coin depicts King Edward III sitting on his throne with two leopards’ heads that are placed on either side of him. Furthermore, the coin is sometimes referred to as the Double Leopard due to the beauty of its design.

When the coin was discovered in 2006, it was auctioned off for 480,000 pounds, which is equivalent to almost $850,000. This was a record for a British currency at the time. It is currently thought that the coin is worth something in the neighborhood of $6.8 million.