Rare Revolutionary War Coins The Revolutionary War period was indeed a watershed moment in American history since the founding of American coinage came along with gaining independence. Coins from this period are of great importance testament to many economic, political, and cultural struggles a fledgling nation endured.
To many collectors and historians, these numismatic treasures are treasures worth cherishing and which hold immense historical significance. This paper, however, seeks to explore four such coins, that might not necessarily rightfully be called coins of revolutionary America, that have been purported to represent great monetary value today, with their captivating stories including how and why they struck a chord with many numismatists.
Continental Dollar (1776)
One of the most iconic coins of the Revolutionary War period, the Continental Dollar, was minted in 1776. This coin has been quite enigmatic, with numismatists arguing if it was really a government issue or a private production to be used as currency. Regardless, its historical significance remains undisputed.
Design and Symbolism
On one side of the Continental Dollar are the words “Continental Currency,” the date 1776, and a sundial with the words “Mind Your Business.” It is a saying attributed to Benjamin Franklin conveying self-reliance and hard work—traits key to the new colonies’ survival. The other side shows thirteen links in a chain, one for each of the original colonies, symbolizing their unity and collective strength.
Metal Composition
Continental dollars were produced in various metals: pewter, brass, and silver. Pewter examples are the most common. Brass and silver specimens are exceedingly rare and highly prized. The mere use of pewter showed the financial constraints of the time, as the colonies had a hard time securing enough actual precious metals for their money.
Value Today
There is a huge price range for Continental Dollars depending on their condition and the type of metal they are made from. Pewter examples run anywhere from $50,000 to $200,000, but much more in brassy prices. While silver is exceedingly rare, one sold for just a whisker short of $1.5 million at auction. The high prices of these coins reflect their great value and desirability in the inventory of collectors and investors alike.
Massachusetts Half Cent (1776-1778)
Minted between 1776 and 1778, the Massachusetts Half Cent is among the earliest official coinage emitted within the United States. Massachusetts, in view of its great commitment to actual American independence, was one of the first people to issue her own coins for commercial purposes during the course of the war.
Design and Features
The obverse of the Massachusetts Half Cent shows the image of a Native American holding a bow, with the inscription, “Commonwealth,” along the edge attributing it to the governing of the colony. The reverse has an image of a heraldic eagle holding a shield, signifying freedom and defense, which are two of the most vital characteristics responsible for the Revolutionary struggle.
Rarity and Scarcity
With limited mintage and the ongoing conflict, there are only a few hundred examples of the Massachusetts Half Cent extant today. Many have gone missing, have become damaged, or have been melted down to be used for something else; this has caused further scarcity. They are considered the most desirable. Indeed, the few that exist today are highly prized, especially if they are well preserved.
Market Value
Because of the condition, a Massachusetts Half Cent ranges in price from $10,000 up to over $150,000. Other examples might be worth even more, provided they are in wonderfully, uncirculated condition, making them a very collectible find for serious numismatists.
Brasher Doubloon (1787)
Perhaps the most legendary of all early American coins, the Brasher Doubloon was minted in 1787 by goldsmith Ephraim Brasher. Though technically post-Revolutionary War, this coin is deeply tied to the nation’s founding era and is regarded as one of the most significant American numismatic pieces.
Design and Aesthetics
The obverse of the Brasher Doubloon features a majestic eagle with a shield, with Brasher’s initials “EB” stamped prominently on the wing. The reverse includes the Latin motto “E Pluribus Unum” and a sun rising over a mountain range, symbolizing the dawn of a new nation. This meticulous craftsmanship makes the coin a true work of art.
Why It’s Valuable
The Brasher Doubloon is valuable due to its rarity, exquisite design, and historical significance. Only a handful of these coins exist today, making them incredibly scarce. Furthermore, Ephraim Brasher was a renowned goldsmith whose association with early American coinage adds to the coin’s appeal.
Auction Records
In 2021, a Brasher Doubloon set a record when it sold for over $9.3 million. Even lower-quality examples routinely sell for over $1 million, cementing its status as one of the most valuable American coins.
FAQs
1. What are Revolutionary War coins?
Revolutionary War coins are rare coins minted during or around the time of the American Revolution (1775–1783), often featuring unique historical designs.
2. How much are Revolutionary War coins worth today?
Their value varies based on rarity, condition, and demand, but some can be worth thousands or even millions of dollars.
3. How can I tell if I have a valuable Revolutionary War coin?
Check for rare mint marks, unique engravings, historical significance, and overall condition—getting a professional appraisal is recommended.
4. Where can I sell a Revolutionary War coin?
You can sell rare coins at auctions, coin dealers, online marketplaces, or through certified numismatic organizations.