The habit of collecting rare coins is quite popular, making a coin that may not be worth much in its time, equivalent to millions of dollars today.
Here’s a quick look at the seven most valuable coins in the world.
Double Eagle 1849
This coin is the most important in American history due to its extreme scarcity; only one copy is left. Its issuance date of 1849 coincides with the flourishing period of gold discoveries in the state of “California.” It’s present in the Smithsonian Museum as a part of the National Monetary Group and is valued at $20 million.
Flowing Hair 1794
This coin, made of silver and copper, was minted for the first time in 1794. It was similar to the “Spanish dollar” at that time in shape and weight, and its importance is attributed to its historical value and scarcity. A copy of this piece was sold for $10 million in 2013.
Half Eagle 1822
The golden “Half Eagle” coin is one of the rarest currencies in the world, and the American Mint House issued 17.8 thousand copies of it in 1822, but only three copies remained. Two are currently displayed in the Smithsonian museum, and the third edition was sold for $700,000 in 1982.
Brasher Doubloon 1787
In the eighteenth century, one of the most skilled American jewelry makers, Ephraim Brasher, produced gold and copper coins, leaving only a minimal number bearing the touch of “Brasher.”
One of them was sold for $7.4 million in 2011, which is a gold coin bearing the image of “Eagle chest,” while another was sold for $4.5 million in 2014 and carried the image of the wings of an eagle.
The Silver Dollar 1804
This coin was presented as a souvenir to Arab and Asian countries to enhance the relationship of “Washington” with them. The Sultan of Muscat was gifted with one of those currencies, and it was sold for $4.1 million in 1999.
Queen Elizabeth II 2007
In 2007, the Canadian Royal Commission for Minting issued a coin in pure gold. It bore the image of the second British Queen Elizabeth on one side, while a picture of three leaves of the maple plant on the other. Five copies of this coin have been sold so far, with one being sold for $4.02 million in 2009.
Liberty Head 1913
A minimal number of this coin was issued in the United States in 1913, and it was made with the “nickel” metal. A piece of it became the first coin to break the $100,000 barrier in 1972, and in 1996 it became the first coin to exceed a million-dollar barrier.
The rarer the coin, the more value it represents, and some people are prepared to pay vast amounts of money in exchange for the acquisition of such treasures.