Introduction
Next time you have decided to deposit all of your spare coins into that machine, just take some time to look through the coins you had deposited into the nearest Coinstar machine. You would be sitting on a whole collection of coins that will make you extremely rich and wealthy without realizing it. For example, you could be sitting on some valuable coins.
Whether you are a coin collector or just wonder if you sit on small fortunes, we present here for your view the following list of extremely sought-after rare coins worth millions of dollars.
Flowing Hair Silver Dollar 1794
Besides being one of the costliest coins in the entire world, this highly rare coin was minted in 1794 and 1795. It is also one of the rarest coins ever to exist. This is why the money was first cast with the Spanish Dollar is indicated by the fact that it is important both in size and weight.
It is estimated to be only around 150 to 200 of these coins that are still in circulation at this day. At present, however, its value is estimated to be $7,750,000. A one dollar was its initial value.
1933 St. Gaudens Double Eagle
It is estimated that at the time of production, about 445,500 Saint-Gaudens Double Eagle coins were in circulation, though they never were issued officially. Nowadays, only thirteen such coins are known to exist, and one is owned by a private.
This one is probably the costliest and most in-demand version of all with its 1933 year. Only a private one is sold, and it’s owned by Stuart Weitzman. Here is a comparison of its original value: twenty dollars with its latest appraisal of seven million and five hundred thousand dollars.
Liberty Head Nickel, 1913
Thus, The Liberty Head V Nickel is also rare and very rare. At least five are known to exist out of all the coins ever minted. Different names of coins have been attributed to collectors because they have been collected by a wide range of collectors who are interested in coin collecting. They are given a different name like Norweb, Eliasberg, Walton, McDermott and Olsen pieces.
Although they were not minted by the United States Mint, in no way does the fact that they do not exist diminish the value they represent in and of themselves. Estimated value- something in the neighborhood of $4,750,000.
Class I 1804 Silver Dollar Original
Contrary to their name, coins of such rarity were not officially produced until 1834 or later. They were issued after that year. This particular coin has three distinct classes, and each of these classes was produced in a manner that is somewhat distinct from the others.
For instance, Class I had lettered edges but included no rust hole. In contrast with Class III that had a lettered edge and in addition included a rust pit, Class II included only plain edged but Class III had lettered edges. There are eight Class Is one Class II, and six Class IIIs known to humanity at present. Class Is are the most common group.
The estimates put the value of that specific rare coin to be approximately 6,750,000 dollars.
1787 $15 Breast Punch Brasher
Above those extremely rare coins, the initials “EB” is marked on the breast of an eagle. They were gifted to Ephraim Brasher on the occasion of his great achievements, but only a few pieces are found today.
This coin initially sold at fifteen dollars. In the year 2011, one of the coins brought a total sum of $7.4 million. In the year 2005, one variant of it brought a total sum of $2,415,000.
Gold Dinar 723
The Umayyad gold dinar is really a rare coin, which is highly in demand among coin collectors from around the world. Its price is a little bit more than six million dollars; this makes it one of the most costly coins to ever exist. Since the coin is about 1,300 years old, there are just about dozen of them existing today. That constitutes quite a number.
I do not know how much this Islamic gold coin was sold for at the time of its first sale.
S Barber Dime 1894
Originally when minted in 1894, the S Barber Dime retailed for ten cents. This mysterious coin, though, fetched much, much more than that and reached an amount much higher than what they fetched then. It was sold in 2020 at a total sum of $1,440,000.
However, from these just nine coins have survived until the present day. Still just twenty-four had been minted.
$20 Liberty Gold Coin 1849
The coin made in the year 1849 is quite rare and thus a good candidate for the million-dollar denominations club. This particular coin is light and weighs only 33 grams. Composed of 90% gold and 10% copper, its composition is 90% gold and 10% copper. An estimate for it has been put at about $15 million.
Coin Name | Origin/Period | Key Feature | Estimated Value |
1794 Flowing Hair Silver Dollar | United States, 1794 | First U.S. silver dollar | Up to $10 million |
1933 Saint-Gaudens Double Eagle | United States, 1933 | Extremely rare gold coin | Up to $20 million |
1787 Brasher Doubloon | United States, 1787 | Gold coin with unique “EB” punch mark | Up to $9 million |
723 Umayyad Gold Dinar | Islamic Caliphate, 723 AD | Earliest Islamic gold coin | Up to $4.8 million |
1343 Edward III Florin | England, 1343 | Very limited mintage, medieval gold coin | Up to $6.8 million |
1804 Silver Dollar (Class I) | United States, 1804 | Known as the “King of U.S. Coins” | Up to $4 million |
1913 Liberty Head Nickel | United States, 1913 | Only 5 known to exist | Up to $4.5 million |
1894-S Barber Dime | United States, 1894 | Only 24 minted | Up to $2 million |
Conclusion
These rare coins are collectibles which have historical value, minting faults, or the quantity was limited. Given their rarity and quality, these eight coins have sold for millions. Their histories are interesting and good investments. Knowing why and how such rare coins can be fascinating and worthwhile will yield rich numismatic discoveries for both collectors and investors.
FAQs
Q 1. What makes coins valuable?
A: Coin value depends on their rareness, demand, historical value, minting faults, and condition. Outstanding or low-numbers minted collectible coins are in great demand.
Q 2. Where would you find the rarest coins?
A: Search through mint markings, minting faults, or manufacture years. One may also have it confirmed whether it is a one-of-a-kind by an expert appraiser or a coin grading agency.
Q 3. Where can I sell unusual coins?
A: Rare coins are sold by auction houses, numismatic online markets, and licensed coin dealers. We recommend authentication and grading before their sale.
Q 4. Can a person find a rare coin?
A: Rare coins may be in circulation or old collections. Most the high-value coins are rare and are retained by collectors or merchants.
Q 5. Is coin collecting a good investment?
A: Only if you know the market, and the coin is rare. Anything’s a risk, and you have to know what you are doing.