Rare coins sold for crores – a priceless legacy
Coin collecting requires more than simple coin management since you save valuable historical artifacts that gain great value with time. Old coins reach their crores selling values because of both their historical importance and distinct characteristics together with their low production quantity.
Today we will tell you about 8 such special coins, which are worth more than 10 million dollars (about Rs 83 crore). Let us know why these coins are considered so valuable.
1. 1794 Flowing Hair Silver Dollar
This coin is considered to be America’s first silver dollar currency, which was prepared by the US Mint. Due to its historical significance and extremely limited number, it is one of the most expensive coins.
Highest price: In 2013, this coin was sold for 10 million dollars (Rs 83 crore), which is one of the highest prices ever.
2. 1933 Double Eagle Gold Coin
This gold coin is surrounded by mysteries and controversies. It was a coin worth $20, but the US government melted most of its coins. Some coins somehow survived, making them rare and valuable.
- Highest price: A coin sold for $7.5 million (Rs 62 crore) in 2002.
3. 1343 Edward III Florin
It is also called the “Double Leopard” and was made during the reign of King Edward III of England. It is more than 675 years old and only 3 coins exist today.
- Highest price: It is estimated to be worth more than $10 million.
4. 1787 Brasher Doubloon
This is a rare gold coin of America, made by the famous goldsmith Ephraim Brasher. The specialty of this coin is that it has an “EB” stamp on it, which makes it even more unique.
- Highest price: A coin sold for $7.4 million (Rs 61 crore) in 2011.
5. 1913 Liberty Head Nickel
This is a mysterious and extremely rare coin that was not officially released by the U.S. Mint. Yet, only 5 coins of it are known to exist, making it extremely valuable.
- Highest price: A coin sold for $3.1 million (Rs 25 crore) in 2010.
6. 1894-S Barber Dime
This is one of the rarest dime (10 cents) coins in the world. Only 24 coins were ever minted, and only 9 coins exist today. Its low minting number makes it extremely valuable.
- Highest price: A coin sold for $2 million (Rs 16 crore) in 2016.
7. 1804 Silver Dollar (Class I)
It is called the “King of American Coins”. Interestingly, this coin has 1804 written on it, but it was actually minted in 1834 as a diplomatic gift. Only 8 coins are known to exist.
- Highest price: A coin sold for $4 million (Rs 33 crore) in 1999.
8. 2007 Queen Elizabeth II Million Dollar Coin
This is a modern coin, made of 100 kg of gold and is of 99.99% purity. Its original face value was 1 million Canadian dollars, but its real value went much higher than that.
- Highest price: A coin sold for $4 million (Rs 33 crore) in 2010.
What makes these coins so valuable?
These coins are not only valuable because of their metal content, but their historical and cultural significance, rarity and collectible value make them priceless. Each coin tells a different story and that is why collectors are willing to spend crores to get them.
FAQs (Frequently Asked Questions)
What is the most expensive coin ever?
The 1794 Flowing Hair Silver Dollar, which sold for $10 million in 2013.
Why is the 1933 Double Eagle so rare?
Most of the coins were melted down by the US government, leaving only a few coins.
How old is the 1343 Edward III Florin?
It is more than 675 years old.
When was the 1804 Silver Dollar actually minted?
It was minted in 1834 as a diplomatic gift, not 1804.
How much gold is in the 2007 Queen Elizabeth II Million Dollar Coin?
It contains 100 kg of 99.99% pure gold.
Conclusion
Collecting rare coins is not just a hobby but also a way to preserve history. These coins become priceless due to their unique stories and limited availability. If you are also fond of collecting coins, then perhaps you too have a rare coin hidden in your possession, which can be worth crores!