The world of coin collecting combines the preservation of history with the thrill of discovering rare treasures. Certain coins, due to their historical significance, scarcity, or unique features, have achieved legendary status and fetched extraordinary prices at auction. Below, we explore eight rare coins, each valued at millions, with some surpassing $10 million.
1. 1794 Flowing Hair Silver Dollar
The 1794 Flowing Hair Silver Dollar is widely regarded as the first silver dollar minted by the U.S. Mint. This coin represents the dawn of the U.S. dollar and holds immense historical significance. Only a few exist today, with one setting a record by selling for over $10 million in 2013. Its rarity and role in American monetary history make it one of the most coveted coins in the world.
2. 1933 Double Eagle
The 1933 Double Eagle is steeped in intrigue and controversy. Initially valued at $20, this gold coin was recalled and ordered to be melted after the U.S. transitioned off the gold standard. However, a handful survived, and one of these was sold for $7.5 million in 2002. Its tale of survival against the odds adds to its extraordinary appeal.
3. 1343 Edward III Florin
Dating back over 675 years, the 1343 Edward III Florin, also called the Double Leopard, is a masterpiece of medieval coinage. Only three examples of this coin are known to exist, making it one of the rarest coins in the world. Its rich history and unparalleled rarity give it an estimated value approaching $10 million.
4. 1787 Brasher Doubloon
The Brasher Doubloon is an iconic piece of American coinage, minted by goldsmith Ephraim Brasher in 1787. Each coin features Brasher’s hallmark “EB,” adding to its authenticity and value. One of these coins sold for $7.4 million in 2011, reflecting its importance as one of the earliest examples of U.S. gold coinage.
5. 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel has a mysterious origin, as it was never officially authorized by the U.S. Mint. Only five specimens exist, and their rarity has made them a focal point of American numismatics. One was auctioned for $3.1 million in 2010, underlining its intrigue and scarcity.
6. 1894-S Barber Dime
Known for its extremely limited production, the 1894-S Barber Dime is one of the rarest U.S. coins. Only 24 were minted, and just nine are known to exist today. The reasons for its limited minting remain uncertain, adding to its mystique. One sold for nearly $2 million in 2016, solidifying its status as a prized collectible.
7. 1804 Silver Dollar (Class I)
Dubbed the “King of American Coins,” the 1804 Silver Dollar is renowned for its rarity and prestige. Despite its 1804 date, these coins were actually minted in 1834 as diplomatic gifts. Only eight original Class I examples are known to exist, with one fetching over $4 million at auction in 1999.
8. 2007 Queen Elizabeth II Million Dollar Coin
The 2007 Queen Elizabeth II Million Dollar Coin stands apart as a modern masterpiece. Minted by the Royal Canadian Mint, this enormous coin weighs 100 kilograms and is crafted from 99.99% pure gold. With a face value of 1 million Canadian dollars, its gold content alone makes it worth far more. One of these coins sold for over $4 million in 2010, showcasing the allure of modern numismatic marvels.
These extraordinary coins are more than currency; they are historical artifacts and symbols of artistry and innovation. Each coin tells a unique story, adding to its appeal and value. For collectors, owning one of these treasures represents the pinnacle of numismatic achievement.