An expensive coin has a high market value or fetches a significant price when sold. Factors contributing to a coin’s expense include rarity, historical significance, condition, demand among collectors, and the overall market for numismatic items. Rare coins, especially those with limited mintage or surviving specimens, tend to command higher prices due to scarcity. Historical significance, such as coins from important periods or significant events, can also increase their value. Additionally, coins in exceptional condition, known as mint state or proof coins, are highly sought after by collectors and can be more expensive. Collectors’ and investors’ demand for specific coins can significantly influence their value. They are highly desirable or considered prestigious within the numismatic community and often sell for significant sums.
The value of coins can fluctuate over time due to various factors, including economic changes, collector trends, and discoveries. Professional appraisers, numismatic experts, and reputable coin dealers are valuable resources for determining the current value of expensive coins.
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8 1794 Flowing Hair Dollar- $10 million
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The 1794 Flowing Hair Dollar is a highly valuable and sought-after coin among collectors. It holds historical significance as the first silver dollar issued by the United States Mint. Robert Scot’s obverse side features the portrait of Liberty with flowing hair, while the reverse side displays an eagle encircled by a wreath. The 1794 Flowing Hair Dollar demands high market values because of its scarcity and historical significance. The coin sold for $10 million in 2013, making it the most expensive.
7 1804 Silver Dollar- US$7.86 million
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The 1804 Silver Dollar is part of a series known as the Class I 1804 dollars. These coins were struck much later, between 1834 and 1835, for diplomatic purposes and presentation sets. They were intended as gifts for foreign dignitaries and used in special coin sets rather than for general circulation. The design of the 1804 Silver Dollar features a depiction of Liberty on the obverse side, with 13 stars representing the original colonies. The reverse side showcases an eagle with a shield, surrounded by a wreath. Only 15 examples of the 1804 Silver Dollar were produced, making it one of the rarest and most expensive U.S. coins. It sold for US$7.86 million at a Stack’s Bowers Galleries auction in 2021.
6 The 1933 Double Eagle- $7.5 million
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The 1933 Double Eagle is one of the world’s most famous and valuable coins. It holds a special place in numismatic history due to its intriguing backstory. The Double Eagle is a $20 gold coin the United States Mint minted in 1933. A 1933 Double Eagle sold for $7.5 million at auction in 2002, making it the most expensive coin ever sold. The coin’s ownership history and rarity contribute significantly to its value and desirability among collectors.
5 1907 Saint-Gaudens Double Eagle- $7.5 million
The 1907 Saint-Gaudens Double Eagle is a highly regarded and valuable gold coin in numismatics. It was designed by the renowned American sculptor Augustus Saint-Gaudens and is considered one of the most beautiful and iconic U.S. coin designs. The obverse side of the 1907 Saint-Gaudens Double Eagle features Lady Liberty holding a torch and an olive branch, with the U.S. Capitol building in the background. The reverse side showcases a majestic flying eagle. Designed by sculptor Augustus Saint-Gaudens, this coin is considered one of the most beautiful U.S. coins—a specimen sold for over $7.5 million in 2002.
4 1787 Brasher Doubloon (EB on Wing)- $7.4 million
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The 1787 Brasher Doubloon with the EB on Wing design is one of the world’s most renowned and valuable coins. It was created by Ephraim Brasher, a goldsmith from New York, during the late 18th century. Collectors highly seek after the 1787 Brasher Doubloons due to their rarity, historical significance, and exceptional craftsmanship. The EB on Wing variety, in particular, is considered one of the most valuable and desirable among Brasher Doubloons. This particular variety of the Brasher Doubloon is one of the most valuable coins in the world, having sold for over $7.4 million in 2021.
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3 Edward III Florin (1343)- $6.8 million
Edward III Florin is the oldest coin on our list, dating back around 680 years, and King Edward III issued these gold pieces known as florins during his reign. The Edward III Florins were gold coins valued at six shillings (72 pence). They were minted with a design featuring the king’s portrait on the obverse side, typically showing Edward III wearing a crown with a scepter. On the reverse side, it displays a cross with a central fleur-de-lis surrounded by a quatrefoil. The coin is worth $6.8 million and was discovered in 2006 and auctioned off the same year.
2 2007 C$1 Million Gold Coin- $4.1 million
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The 2007 C$1 Million Gold Coin, also known as the Big Maple Leaf, is an exceptionally large and valuable coin the Royal Canadian Mint issued. It is a 220-pound coin made of pure gold. The 2007 C$1 Million Gold Coin design has Queen Elizabeth II on one side, while the reverse side showcases a detailed maple leaf image. The coin has a face value of $4.1 million.
1 1913 Liberty Head Nickel- $4 million
The 1913 Liberty Head Nickel is one of the most famous and valuable coins in the coin collectors’ world. It is a five-cent coin minted in 1913, even though the Liberty Head design had been discontinued in 1912. The 1913 Liberty Head Nickel is unique and highly sought after because only five known specimens exist. The story behind these rare coins adds to their allure. It is believed that a U.S. Mint employee illegally produced and sold these coins after the Liberty Head design was replaced by the Buffalo Nickel in 1913. With only five known specimens, the 1913 Liberty Head Nickel is highly coveted by collectors—one example sold for over $4 million in 2018.
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Source: Ceoworld, Bankrate, Wealthygorilla
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