The real value of coins is their face value, but some coins are exceptions. There are rare coins that can cost thousands or even more. Coin collectors look for these coins because they are very special due to their history, rarity and high value.
Let’s know about those 8 coins whose price can reach thousands of dollars and which collectors are desperate to get.
1933 Saint-Godines Double Eagle
This coin is one of the rarest and most valuable coins. In the year 2021, this coin was auctioned for $ 18.9 million, and its value is constantly increasing.
The most special thing about this coin is that 4,45,500 coins were made in 1933, but most of them were melted. Now only 13 coins exist.
Only one of these coins is in a private collection, while the rest are safe with the US government. This is why it is considered one of the rarest and most valuable coins in the world.
1787 Fugio Cent (Franklin Cent)
This is one of the earliest coins in the US, issued in 1787. It is also called the “Franklin Cent” because it is believed to have been designed by Benjamin Franklin.
A unique feature of this coin is that it has “Mind Your Business” written on the front and the rings connecting the 13 colonies with “We Are One” on the back.
The price of this coin depends on its condition. Low quality coins sell for around $200, but high quality coins can go up to $92,500.
1886-S Morgan Dollar
Morgan dollar coins are quite popular, especially due to their large size, high silver content, and historical significance.
A total of 750,000 copies of the 1886-S Morgan Dollar were made. This coin costs around $1,300 in “MS-64” grade, but in higher quality (MS-66) it can reach a price of up to $9,000.
1895 Morgan Dollar – ‘King of the Morgans’
This coin is called the “king” of the Morgan Dollar series. It is a rare proof coin, of which only 880 copies were made.
The auction price for this coin in recent years has been no less than $38,000, and some high-grade coins have sold for over $100,000.
1928 Peace Dollar
The 1928 version is one of the most desirable coins in the Peace Dollar series. Only 360,649 copies were made, making it quite rare.
In higher grades, this coin can fetch thousands of dollars.
1909-S VDB Lincoln Cent
This coin is famous for its designer Victor David Brenner’s initials “VDB” engraved on the back.
The San Francisco Mint minted only 484,000 of these coins in 1909, making it the rarest coin in the Lincoln cent series.
The value of this coin depends on its color grade:
- Brown – $800
- Red-Brown – Higher value
- Red – The highest value, can go up to $8,000 in MS65 grade.
Liberty and Britannia
This coin symbolizes the historic cooperation between the US and Britain. It is jointly minted by the United States Mint and the Royal Mint of the United Kingdom.
Only 11,000 copies were made, making it extremely rare. In February 2024, the coin had a starting price of £2,200 ($2,800), but today it is selling for up to £3,000 ($4,000).
2023 Royal Succession Gold 1-Ounce Britannia
In 2023, the Royal Mint released a Britannia series coin that mistakenly featured Queen Elizabeth II, when it should have featured King Charles III.
This mistake caused its price to rise enormously. Only 20,000-30,000 such coins were made. Given the rarity and historical significance of this coin, it sold for up to $50,000 at US auctions.
Do you have a rare coin?
If you have old coins, it is important to check whether they are rare or not. Sometimes coins that look ordinary can sell for thousands or millions of dollars.
If you have a rare coin, get its real value assessed by a professional collector or auction house. Who knows, maybe you too have a priceless treasure hidden inside!
FAQs
Q. How do I know if my coin is rare?
A. Check for factors like mint year, mint mark, condition, and historical significance. Professional grading services can help determine rarity.
Q. Where can I sell rare coins?
A. You can sell them through auction houses, coin dealers, online marketplaces, or numismatic organizations.
Q. Why are some coins worth thousands of dollars?
A. Coins gain high value due to rarity, historical importance, limited mintage, and demand among collectors.
Q. How can I protect my rare coins?
A. Store them in protective holders, avoid handling them directly, and keep them in a dry, temperature-controlled environment.
Q. What is the most expensive coin ever sold?
A. The 1933 Saint-Gaudens Double Eagle holds the record, selling for $18.9 million in 2021.