To coin collectors, nothing can compare with the allure of rare coins. They have beautiful designs, stories as interesting as the coins themselves, and historic significance that seems immeasurable. Some of these coins have actually sold for incredible amounts at an auction, often more than what their gold would be worth. The seven most valuable coins in the world are listed below, priced over $5 million.
1794 Flowing Hair Silver Dollar
No history of American coins would be complete without mentioning the 1794 Flowing Hair Silver Dollar, the first silver dollar ever struck by the U.S. Mint.
The specific coin design is done by Robert Scot. On the obverse is the Lady Liberty with flowing hair. On the reverse is the engraving of a small eagle.
Out of the 1,750 coins produced, only a small number made it through the day looking as they did. The coin that sold for $10 million in 2013 is regarded as the most costly of these. Due to their rarity and significance, collectors place a high value on such historical items.
1933 Double Eagle of Saint-Gaudens
History has been made with the $20 gold coin, the 1933 Saint-Gaudens Double Eagle. It was designed by famous sculptor Augustus Saint-Gaudens. The U.S. abandoned the gold standard without ever putting it into circulation; it was minted in the heart of the Depression. A few coins successfully evaded destruction, but most were melted down.
An example sold for over $7.5 million in 2002, and another smashed records selling at $18.9 million in 2021. Its beauty, rarity, and legal battles over ownership have cemented its place among the most recognizable coins in the world.
1804 Silver Dollar (Class I)
Known as “The King of American Coins,” the 1804 Silver Dollar is an iconic rarity. Interestingly, these coins were minted in the 1830s as diplomatic gifts, despite bearing the date 1804.
There are only 15 examples known, of which Class I is the most expensive. One such coin sold for $7.68 million in 2013. It has forever sealed its legendary status. Its rarity and association with American history have made it the ultimate prize among collectors.
Edward III Florin (1343)
The Edward III Florin is a masterpiece of the medieval period and a testament to the rich history of England. Struck in 1343 during the reign of King Edward III, this gold coin is beautiful and rare. It features the king seated on a throne, surrounded by intricate details.
There are only three specimens that exist to this day. One that was found in a stream was sold for nearly $7 million in 2006. It is considered to be one of the most valuable medieval coins because of its history and unique design.
1913 Liberty Head Nickel
The 1913 Liberty Head Nickel is mysterious. Only five were ever minted, and they were not officially authorized by the U.S. Mint. Each of the five coins has a unique backstory, adding to their intrigue.
One of them has sold at an auction for 5 million in 2018, and due to the high demand for a piece this rare with an ambiguous story, the worth is rising constantly.
It’s considered one of the most known in numismatics, frequently referenced in discussion among collectors, which is mysterious.
1822 Capped Bust Half Eagle
One of the rarest US coins is the 1822 Capped Bust Half Eagle. This is a $5 gold coin with only three known examples, two of which are housed in public collections. The remaining specimen sold privately for $8.4 million in 2021.
This is one of the stars for early American gold coin collectors due to its scarcity and the minimal times that it’s offered to the open market.
Brasher Doubloon (1787)
America’s first gold coin was privately minted by goldsmith Ephraim Brasher in 1787. A close neighbor to George Washington, Brasher marked his coins with the “EB” hallmark.
In 2021, one of these exceptional coins sold for $9.36 million, which made it one of the most expensive coins ever sold at an auction. Its connection to early American history, along with its craftsmanship and rarity, make it an icon in numismatics.
Each of these coins has a unique story to tell about craftsmanship, history, and intrigue. Their value goes far beyond money; they represent moments in time that collectors are willing to pay millions to own.
FAQs:
What is the most expensive coin ever sold?
The 1794 Flowing Hair Silver Dollar sold for $10 million in 2013.
Why is the 1933 Double Eagle so famous?
Its rarity, beauty, and legal history make it iconic.
What is the King of American Coins?
The 1804 Silver Dollar is nicknamed the King of American Coins.
How rare is the Edward III Florin?
Only three examples are known to exist today.