Rare coins have a different charm. They not only have historical importance, but their beauty and unique stories also make them very special.
There are some coins in the world which are worth not just in lakhs but crores. Their rarity and history make them even more important for collectors. Let’s know about 7 such coins which are worth more than $5 million (about Rs 41 crore).
1794 Flowing Hair Silver Dollar
This was America’s first silver dollar coin issued by the US Mint in 1794. It was designed by Robert Scott and had a picture of Lady Liberty on the front while a small eagle was imprinted on the back.
Of the approximately 1,750 coins made, very few remain in good condition today. In 2013, one of the rare versions of this coin sold for $10 million (about Rs 83 crore) at auction, one of the most expensive auctions ever held. It is very special to collectors due to its historical importance and rarity.
1933 Saint-Gaudens Double Eagle
This is a $20 gold coin designed by famous sculptor Augustus Saint-Godins, which was minted in 1933 but never entered wise circulation. The reason, however, is that at that time, the US went off the gold standard. Therefore, it led to melting of the coins, but a handful of them were saved.
Though there is a faint cloud of controversy over the legality of these coins, yet in 2002 $7.5 million (about Rs 62 crore) saw one of its coins’ sale, and another auctioned at the value of $18.9 million (about Rs 157 crore) in 2021. Its rarity, beauty and story have made it one of the most popular coins in the world.
1804 Silver Dollar (Class I)
“The King of American Coins” is what it is called. Interestingly enough, although it dates 1804, these coins were not actually minted until the 1830s, when they were given as diplomatic gifts.
It is said that there are only 15 such coins left in the whole world, and among them, Class I coins are regarded as the rarest. In 2013, such a rare version of this coin was auctioned for approximately $7.68 million (around Rs 64 crore). Its historical significance and limited number make it extremely important for collectors.
Edward III Florin (1343)
This coin is a priceless heritage of the history of England. Minted in 1343, it is a type of coin made from gold which portrays King Edward III in whose reign it was struck, and has incredibly beautiful carvings all around it.
Only 3 such coins exist today. One such coin found on the banks of a river was auctioned in 2006 for about $7 million (around Rs 58 crore). Its antiquity and beautiful design make it one of the world’s rarest coins.
1913 Liberty Head Nickel
A mystery entirely. Only 5 coins were made, and they have not been formally approved by the US Mint. Stories that are quite unique revolve around these coins.
In 2018, a rare version of this coin was auctioned for $5 million (or Rs 41 crore). Its rarity and the mystery that it carries make it extremely popular among coin collectors.
1822 Capped Bust Half Eagle
This is a $5 gold coin, and this coin is regarded as one of the rare American coins. Only 3 such coins are known to exist today; two are in museums and one is with a private collector.
In 2021, this one privately owned version of the coin was auctioned off for $8.4 million (around Rs 70 crore). It is an essential asset for memorabilia collectors of early American golden coins.
Brasher Doubloon (1787)
The Brasher Doubloon is one of the oldest gold coins in America. It was minted privately in 1787 by the famous goldsmith Ephraim Brasher. Brasher, neighbor of George Washington, imprinted his “EB” mark on his coins.
In the year 2021, a rare version of this coin was auctioned off for $9.36 million (around Rs 78 crore). Its historical value, fascinating craftsmanship, and limited number make it a jewel for collectors of coins.
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Conclusion
Such coins will not be valued in money terms since they hold a glimpse of the history, the excellence of craftsmanship as well as extraordinary rarity hidden inside them. These coins are prized possessions for the richest collectors worldwide as much as museums. If you have a rare coin, then check up thoroughly on its authenticity and market condition before you imagine its real price!
FAQs :-
What is the most expensive coin ever sold?
The 1933 Saint-Gaudens Double Eagle holds the record, selling for $18.9 million in 2021.
What is unique about the Brasher Doubloon?
Privately minted in 1787 by Ephraim Brasher, this gold coin is one of the earliest in U.S. history and sold for $9.36 million.
Why is the 1794 Flowing Hair Silver Dollar so valuable?
It was the first U.S. silver dollar ever minted, with only a few surviving in pristine condition, one selling for $10 million.