Many coin collectors and numismatists strive to enrich their collections with rare and valuable coins that will increase their profit. The US history of coin mintage is especially interesting because of the many different laws and bans on coins, which some of them managed to survive and become very sought out nowadays.
These are some of the most valuable coins in the US history:
1913 Liberty Head V Nickel
The Liberty Head Nickel dates back from 1913, but its existence was not known until the American Numismatic Association convention in 1920. Since there are only 5 specimens of this coin, its value has increased a lot since the 1924 issue of the ‘Numismatist,’ where an ad was selling all of them for $2,000.
Today, one Liberty Head V Nickel in mint condition is worth $4.4 million. All of the 5 coins are divided into different pedigrees such as The Norweb Specimen (currently in the Smithsonian Museum), The Olsen Specimen, The Eliasberg Specimen, The Walton Specimen (all part of a private collection), and The McDermott Specimen (currently in the American Numismatic Association Money Museum).
1870 S Seated Liberty Dollar
Many consider the 1870 S Silver Dollar as one of the greatest American numismatic rarities. There are just 11 confirmed in existence, and their value can reach up to $1.9 million since it represents the rarest regular-issue silver dollar ever coined at any U.S. Mint. What’s intriguing about this coin is that there is no official record that they have ever been minted.
1927 D St Gaudens Double Eagle
The Double Eagles are gold coins with a value of $20. They were minted from 1850 until 1933. Even though the original mintage was 180,000, following the recall of gold coins by the President Theodore Roosevelt, they were destroyed. It’s believed that there are only 11 left today. The 1927 D St Gaudens Double Eagle was designed by the famous American sculptor Augustus Saint Gaudens, and it’s estimated to reach the value of $1.2 million.
1794 Flowing Hair Dollar
The design made by Robert Scot, “the girl with the flowing hair”, first appeared on the American silver dollar in 1794 and was replaced in 1795. It is estimated that there are around 200 pieces of this coin nowadays. A specimen of the 1794 silver dollar was sold for an astounding $10 million, which is the highest price that was ever paid for a collectible coin at an auction.
1838 O Capped Bust Half Dollar
Numismatist experts believe that there are only 11 pieces left from the original mintage of 20 pieces of the O Capped Bust Half Dollar coin. Issued in 1838, this coin was in circulation until 1839 and then was canceled. One of the specimens of the O Capped Bust Half Dollar was sold at an auction for $745,000.
1933 Indian Head Gold Eagle
The Indian Head Gold Eagle was issued in 1933 by the Philadelphia Mint with 312,500 examples. After President Franklin Roosevelt’s ban on private ownership of gold, many of these coins were recalled and melted. Fortunately, there are around 30-40 coins left, and they always spark a lot of interest when appearing at auctions because of their scarcity and history. The highest price achieved for this coin was $600,000.
Buffett Made This One Big Mistake. Don’t Let Yourself Do the Same
When an investment opportunity like AR and VR comes along, it can be hard knowing when to jump. Even if...
Bank of America Sees Bitcoin as an Opportunity for El Salvador
September 7th, 2021 is the date set for the introduction of Bitcoin as the official currency in El Salvador. BTC...
Spanish Biotech Companies’ Profits Fall 28% in the First Half of the Year
Grifols, which specializes in the production of plasma derivatives, achieved a profit of $317.2 million (€266.8 million) in the first...
The Economic Situation in Morocco: Domestic Demand Continues to Recover
Domestic demand in Morocco continued to recover in Q2-2021. According to the HCP, household consumption has, in fact, strengthened by...
Soybeans Market Closed Lower on Friday
Soybeans and the products were lower on Friday. Soybeans closed the week a little higher while the products were narrowly...
Business7 days ago
The Metaverse Is the Way of the Future, and Facebook Just Confirmed It
Cannabis6 days ago
Colombia Now a Major Player in Industrial Cannabis Production
Business5 days ago
Forget Facebook (NASDAQ: FB) and Apple (NASDAQ: AAPL): Virtual Reality (VR) and Augmented Reality (AR) Investors Should Snap Up XRApplied (CSE: XRA) Instead
Crowdfunding6 days ago
Eltif ALICrowd Invests €600,000 in the Equity Crowdfunding Campaign of Orapesce