Coins have never been far from the center of history, where art, worth, and tales that span centuries blend. For some collectors, there are coins that are the ultimate treasure because they are rare, have vital history, or design. Here are seven rare coins that sold for stunning amounts, each over $5 million!
1794 Flowing Hair Silver Dollar
A milestone in the history of American coins, the first U.S. silver dollar produced domestically. Lady Liberty with flowing locks is the image on the obverse side of the coin designed by Robert Scot, and the reverse has a small eagle.
- Mintage: About 1,750 coins.
- Historical Significance: First silver dollar produced in the United States.
- Record Sale: $10 million in 2013, a record sale of the most valuable coin sold.
1933 Saint-Gaudens Double Eagle
This gold coin worth $20, sculpted by Augustus Saint-Gaudens, was never put into circulation because of the Gold Reserve Act of 1933. The majority were melted, but some managed to survive.
- Interesting Facts: Beautiful design and intriguing history.
- Auction Sales: Sold for $7.5 million in 2002, and a mind-boggling $18.9 million in 2021.
1804 Silver Dollar (Class I)
Dubbed “The King of American Coins,” the 1804 Silver Dollar wasn’t really produced in 1804 but during the 1830s as presents for diplomats.
- Known Examples: There are only 15, and Class I is the most scarce.
- Sale Price: Sold in 2013 for $7.68 million.
- Appeal: Extremeness of rarity and historical importance.
1343 Edward III Florin
This ancient gold coin, minted in 1343 during King Edward III’s reign, is one of England’s rarest treasures. Only three are known to exist.
- Design: King Edward seated with sword and shield, surrounded by intricate details.
- Discovery: One coin found in a stream in 2006.
- Value: Nearly $7 million, making it a prized medieval artifact.
1913 Liberty Head Nickel
The 1913 Liberty Head Nickel is a mysterious coin with only five known to be in existence. They were privately minted without the authorization of the authorities.
- Sale Value: $5 million in 2018.
- Uniqueness: Each coin has its own story, which makes it all the more appealing.
1822 Capped Bust Half Eagle
This $5 gold coin is one of the most rare U.S. coins, with just three known specimens. Only one is privately held, the others are in public trust.
- Auction Highlight: Sold for $8.4 million in 2021.
- Significance: A glimpse into the early American coinage.
1787 Brasher Doubloon
Made by goldsmith Ephraim Brasher, the Brasher Doubloon was one of the first gold coins in the U.S. Brasher’s initials, “EB,” are impressed on every coin.
- Historical Significance: Tied to the United States’ early history.
- Record Sale: $9.36 million in 2021.
What Makes a Coin Worth Millions?
If you believe you have a rare coin, these are the main factors that make it valuable:
- Rarity: The lower the number of coins available, the more expensive.
- Historical Significance: Coins linked to important events or figures are more valuable.
- Minting Errors: Unique errors such as double dies or off-center strikes increase desirability.
- Material Composition: Coins made of rare metals like gold or silver are highly sought after.
- Condition & Grading: Coins in mint or uncirculated condition command the highest prices.
Final Thought
The hobby of rare coins is full of surprise, and the Bicentennial Quarters are just one of the several coins that may be worth millions. As an amateur or professional numbers, knowing about these pieces can reveal a discovery that can change your life. Look in your pocket-you can just sit on a coin of a million dollars, even without going to it!
FAQ’s
What makes a coin valuable?
Rarely, historical significance and status value determine the value.
What is the most expensive coin sold so far?
1933 Saint-Gaudens Double Eagle to $18.9 million.
How many 1913 Liberty Head Nickels is present?
Only five are known for existence.
Why is 1794 Flowing Hair Silver Dollar special?
This American the first silver dollar was.