Coin collection is a pastime that’s enjoyed by millions across the world. And while most coins are almost worthless, there are a few that are so priceless that they’re worth many millions. These are some of the most valuable coins that have ever been sold at an auction.
The Brasher Doubloon
Ephraim Brasher, a professional goldsmith, originally designed the coin, and requested that New York State to continue minting coins using copper. The government, however, objected, saying they didn’t want copper-made coins. Brasher continued his project but minted most of his creations in bronze. He made just a few in 22-carat silver, and it’s these that are so precious today.
The Saint-Gaudens Double Eagle
Originally designed by Augustus Saint-Gaudens this model’s creation was extremely complicated, raising a question as to how the U.S. Mint would have manufactured such a coin. To simplify commercial production development, the Mint’s chief engraver, Charles Barber, decided to make some changes to the original design. He omitted’ In God We Trust’ from the coin design. Congress was unhappy with this change and, although it was produced, only a limited number were made. Therefore, the coin is now incredibly rare and valuable.
Edward III Florin
It’s this coin’s age which makes it as precious as it is, and that’s why somebody was willing to pay $6.8 million for one at auction, money that most would only be able to win after they play online casinos slots. Given that this coin has been around for over 670 years, it’s a miracle it has survived. Just think about how many coins were missing throughout the years because people dropped them down the drain and lost them down the back of the sofa. Just three known examples of Edward III florin remain today, making it one of the world’s rarest coins.
The Double Eagle
A circumstantial quirk made this coin so precious when it was pressed in gold in 1933. Nevertheless, the coin never went into circulation. That’s because in the same year, President Franklin D. Roosevelt banned everyone from buying gold. He did this as part of an attempt to resolve the banking crisis, as the financial situation of the country at the time created serious problems in the United States. While never being officially released, twenty of these coins slipped through the net, and they now have a stunning price.
The Flowing Hair Silver/Copper Dollar
This one-of-a-kind coin was sold at auction for over $10 million, making it the world’s most valuable. You’re perhaps wondering what makes this dollar so different relative to current currencies in circulation. This coin, which is the most prized all-time currency was the US Federal Government’s first ever dollar. The coin dates back to either 1974 or 1975, made of 90% gold and 10% copper. When this coin was minted, it was first issued after establishing the Federal Mint. It’s known for portraying Liberty in her flowing tresses. One coin went for $10 million in January 2013.