The world of coin collecting is full of surprises and treasures worth fortunes. Among those includes the recent news related to a rare Bicentennial Quarter being worth nearly $7 million.
But this is not the only such find. Six coins worth over $30 million USD are considered here exemplifying the truly massive potential in numismatic investments.
1933 Double Eagle
The 1933 Double Eagle is a twenty-dollar gold coin and one of the most sought coins in the world. First minted in 1933, when these coins were to be issued, it was determined that changes in currency laws during the Great Depression forced them not to enter circulation. Most were melted, but a few were saved from this destruction.
Its uniqueness and mystery over its legality – although it was illegal to own the coin until recently – made it incredibly valuable. As a matter of fact, in June 2021, a 1933 Double Eagle sold at an auction for a record $18.9 million dollars, the most expensive coin ever sold to date.
1794 Flowing Hair Silver Dollar
Among the most precious monetary dispensations of the United States are the Flowing Hair Silver Dollar, dated 1794. The coin is considered by many to be the first dollar issued by the United States Federal Government.
Its historical value, in addition to its scarcity, makes it highly valuable. In 2013, a specimen of this coin, attributed to its excellent preservation and striking, fetched an astonishing $10 million from auction, a record-breaker as the most expensive silver coin ever sold.
1913 Liberty Head Nickel
The most famous and mysterious coin in American numismatics is the 1913 Liberty Head Nickel, of which only five specimens are known to exist and which was under mysterious circumstances in the Philadelphia Mint.
Rarity combined with an interesting story has caused these pieces to be highly priced. In 2018, one of the nickels was sold for $4.5 million.
1804 Silver Dollar
Known as the “King of American Coins,” the Class I 1804 Silver Dollar is an extremely rare coin with only eight known examples. It was struck in 1834 but dated 1804, for which it is prized.
Created as part of diplomatic gift sets ordered by President Andrew Jackson, this combination of rarity, age, and historical significance has made it a treasure among collectors. One of those coins fetched $3.8 million at an auction in 1999.
2007 Queen Elizabeth II Million Dollar Coin
Among the U.S. coins, the novelty is the Queen Elizabeth II Million Dollar Coin struck by the Royal Canadian Mint in 2007. The behemoth weighs 100 kilograms and is made from 99.999% pure gold.
It was originally struck as a promotion to market the new series of high-purity gold coins. One of these coins sold at auction in 2010 for more than $4 million.
1343 Edward III Florin
The 1343 Edward III Florin is also known as the Double Leopard. It is a medieval coin originating from England. It is very rare to get this gold coin since only three are available.
Value is added to the coin due to its historic value as it is one of the failed attempts to introduce England to gold coinage. In the year 2006, one was priced at $6.8 million.
Conclusion
There is something fascinating about rare coins. This world gives a glimpse into the past, focusing on the development of currency. The Bicentennial Quarter was valued recently at nearly $7 million, confirming the historical value and allure of these metallic pieces.
Each coin on this list is not just a strong investment in terms of money but also a slice of history, so to a collector, these coins are not just pieces of metal – they are irreplaceable. As the market for rare coins continues to thrive, it’s exciting to imagine what other hidden gems might be out there, waiting to be discovered and added to the annals of numismatic history.
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FAQs
Q 1. Why is a Bicentennial Quarter so valuable?
A: Most Bicentennial Quarters are priced at face value, depending on mint errors, low mintage, or the condition of a coin. Variations like doubled dies or an incorrect planchets actually push the value to much higher ranges.
Q 2. How can I tell if my Bicentennial Quarter is rare?
A: Check for mint errors like missing mint marks, double images, or unusual finishes. Coins in uncirculated or proof condition will have more value. Professional grading by PCGS or NGC can certainly determine whether the coin is rare and valuable.
Q 3. How to sell a rare Bicentennial Quarter?
A: Rare coins can be sold through recognized auction houses, online marketplaces or coin dealers. Always authenticate properly and get several opinions for the best price.
Q 4. What other coins are worth millions of dollars?
A: Besides the Bicentennial Quarter, the 1933 Saint-Gaudens Double Eagle prices at $18.9 million, the 1794 Flowing Hair Dollar at $12 million, and the 1787 Brasher Doubloon at $9.36 million. Among the most precious coins are those with a small number in circulation, of historical value, and in flawless condition.
Q 5. How do I begin my coin collection?
A: Start by buying collections of coins that are worth money or have historical value. Buy coin albums and magnifying glasses for the collector tools, read about the history of coins, and participate in societies of numismatists for ideas and contacts.