Take some time to sort through your loose change the next time you want to put it all into the nearest Coinstar machine. Unbeknownst to you, you may be sitting on some of the most valuable coins possible, ones that may help you build up wealth.
Whether you’re a coin collector or simply inquisitive about whether or not you’re sitting on a tiny fortune, the following is a list of highly sought-after rare coins that are worth millions of dollars:
1794 Flowing Hair Silver Dollar
This highly rare coin, minted between 1794 and 1795, is one of the most valuable coins to exist in the world. The dimensions and weight of the currency signify that it was first patterned after the Spanish Dollar.
There are only around 150 to 200 remaining ones today. Its original selling price was one dollar, but it’s estimated to be valued at seven million seven hundred fifty thousand dollars nowadays.
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1933 Saint-Gaudens Double Eagle
Even though approximately 445,500 Saint-Gaudens Double Eagle coins had at one point circulated, none of them were ever officially issued to the public. Only thirteen are known to exist to date, and one is in private ownership.
This may be the rarest and most prized of them all, which is the 1933 version of the coin. The only one that is owned by some private collector is that one held by Stuart Weitzman. Comparing this to its original price of twenty dollars, it was valued to seven million five hundred thousand dollars last.
1913 5C Liberty Head Nickel
Because there are only five examples of the Liberty Head V Nickel in existence, it is at once extremely rare and highly coveted. For its history, numerous collections of the coin have been created, and they have been named after those collectors. They are most often referred to as the Norweb, Eliasberg, Walton, McDermott, and Olsen pieces.
Although these coins were never officially produced by the United States Mint, their worth remains unaffected in any way. It is estimated to be around $4,750,000.
1804 Silver Dollar Original — Class I
These extremely rare coins, although designated, were not officially produced until 1834 or later. This coin can be divided into three different classes; each of which was produced in a somewhat different way.
For instance, Class I has lettered edges but no rust pit. In Class II, the edges are flat while, in Class III, the edges have lettering but a rust pit appears. So far, there are eight Class Is, one Class II, and six Class IIIs confirmed to exist.
To date, this rare coin is appraised to be worth $6,750,000.
1787 $15 Brasher, Breast Punch
There are only a few coins that exist today and carry the initials “EB” on the breast of an eagle that stands for Ephraim Brasher.
The initial price for this coin was fifteen dollars. In 2011, one of them was sold for a total of $7.4 million. A different variation was sold in the year 2005 for a total of $2,415,000.
723 Umayyad Gold Dinar
The Umayyad gold dinar is a highly prized collectible around the world. It is worth little more than six million dollars. Only about a dozen of them remain. This is a rather large number, considering the coin itself is roughly 1,300 years old.
It is unknown what the initial price was for this Islamic gold coin.
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1894-S Barber Dime
In 1894, when the 1894-S Barber Dime was first minted, it had a value of about ten cents. The value of this rare coin, however, has greatly increased over the years. It was purchased at an auction in 2020 for a sum of $1,440,000.
1849 $20 Liberty Gold Coin
This coin, minted in the year 1849, definitely can be considered entering the club of million-dollar. Weighing over 33 grams, it is made of 90% gold and 10% of copper, and is evaluated to be approximately $15 million.
FAQs
What are some examples of rare coins worth millions?
There are other examples, such as the gold double eagle from Saint-Gaudens in 1933, the silver dollar from 1804, and the Liberty Head nickel from 1913. Collectors and investors alike are drawn to these coins due to their unique characteristics, including their rarity, historical significance, and distinctive characteristics.
What factors contribute to a coin’s high value?
Some of the factors that determine the value of a coin are its rarity, its historical significance, its condition, and the desire among collectors. The market price of a coin can also be greatly increased by distinctive characteristics, such as mint mistakes or limited editions produced by the mint.
How can I start collecting rare coins?
First, you should do some research on credible sources and numismatic communities before beginning to collect rare coins. Coin collectors should go to coin exhibits, join coin groups, and read books on the subject. To begin, establish a budget, and then zero in on particular sorts or eras that pique your interest.
