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Close up view of worn out collectable coins scattered on a flat surface

 

Collecting coins is a fun hobby that can also be an excellent investment. Rare and antique coins, especially those historically significant or in short supply, can gain tremendous value over the years.

Learning about some of the most expensive coins ever sold, you’ll better understand what drives demand and price in the collectable coin market. 

This knowledge can help you become a wiser collector and make smarter investment decisions if you buy and sell rare collectable coins. 

 

The 1822 Half Eagle $5 Gold Piece ($8.4 Million)

The 1822 half eagle $5 gold piece is a rare coin made at the early Philadelphia Mint. Only three examples exist, placing it among the world’s most legendary rarities. This low mintage occurred because the Philadelphia Mint temporarily halted production in 1822 while upgrading equipment.

The 1822 half eagle is unmatched among U.S. gold coins in its rarity and historic value. It features a left-facing portrait of Liberty wearing a coronet, with the heraldic eagle design on the reverse. 

In 2021, collectors got an exceedingly rare chance to acquire one of these prized collectable coins when an example-graded PCGS AU50 sold at auction for an astounding $8.4 million. 

Check this informative article: Gold Standard - A Historical and Its Modern Implications

 

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The 1804 Silver Dollar ($7.68 Million)

 

Front and back view of the 1804 Silver Dollar

 

The 1804 silver dollar is another famous American collectable coin that commanded multi-million dollar prices at auction. But unlike the 1933 Double Eagle, the 1804 silver dollar is not from 1804. 

Here’s the twist - no silver dollars were minted in 1804. Only 15 specimens are known to exist, and they were all produced decades later to be included in special presentation proof sets.

In the 1830s, with early U.S. coins gaining numismatic interest, the United States Mint created a small batch of 1804 silver dollars to give as diplomatic gifts. 

People avidly seek these coveted collectable coins today because of their unusual origins. Any 1804 silver dollar that goes up for auction generates tremendous buzz and massive sales prices. 

In 2021, an 1804 silver dollar sold for $7.68 million, demonstrating that interest in these collectable coins remains strong among top collectors.

Give this article a read: Silver Prices - An Investor’s Guide

 

The 1933 Saint Gaudens Double Eagle ($7.6 Million)

In 2002, a 1933 Double Eagle was auctioned off for a staggering $7.6 million after a lengthy legal battle, making it one of the most valuable collectable coins in the world. 

Collectors prize coins from the Saint Gaudens Double Eagle series for their beautiful design, which features a striding Liberty on one side and an eagle in flight on the other. 

But the 1933 edition is especially coveted because of its legendary rarity and allure as forbidden “ghost money” that shouldn’t exist. Owning one of these rare Double Eagles is a privilege afforded only the most elite collectors.

 

The 1343 Edward III Florin ($6.8 Million)

Coins struck under King Edward III in medieval England established the popular gold florin as a trading standard. But only some florins have survived in collectable condition since the 14th century. That’s why the 1343 Edward III florin commands such astronomical prices today.

Minted from 24-karat gold, the 1343 florin collective coins featured a portrait of King Edward III on one side. The other side depicts a quadrilobe cross potent, meaning a cross with four semicircular arms. 

In 2006, an example of this historic coin sold at auction for close to $6.8 million. That staggering sale illustrates how the value of collectable coins of immense historical significance can skyrocket over centuries, even when originally only worth a single florin. 

 

The 1913 Liberty Head Nickel ($4.5 Million)

 

Front and back view of the 1913 Liberty Head Nickel

 

The 1913 Liberty Head nickel is the ultimate prize for collectors of vintage American coins. Five cents hardly seems newsworthy, except when those five cents are one of only five examples of this erroneously minted rarity. 

The Liberty Head nickel was replaced in 1913 by the new Buffalo nickel design. However, a few 1913 Liberty Head nickels were erroneously struck at the United States Mint, likely by someone trying to make a collector’s item. 

In 2010, one of the five 1913 Liberty Head collectable coins became the first to break the $3 million mark at auction, selling for $3.7 million. A few years later, another specimen shattered records by selling for $4.5 million. 

These landmark sales prove the 1913 Liberty Head nickels are firmly in the top echelon of elite coinage. They will likely continue setting new record prices each time one trades hands.

Take a look at this article: Platinum Price Slide Continues In 2024 

 

The 1787 Brasher Doubloon ($4.5 Million)

Early American gold coins have intrigued collectors since the 19th century. The 1787 Brasher doubloon, considered America’s first gold coin, is a particularly significant and valuable piece of early U.S. numismatic history. 

New York goldsmith Ephraim Brasher manufactured a few of these gold doubloons around 1787. The coins contained 26 troy ounces of gold and were made to test the viability of using Brasher’s gold in coining operations.

Brasher doubloons feature a unique design with a bald eagle on one side and the sun rising over a mountain peak on the other. These doubloons were made before the U.S. Mint was operational, giving a fascinating look into the early experimentation with gold coinage in colonial America. 

Only about 15 Brasher doubloons are still known to exist, making them extraordinarily rare.

When a Brasher doubloon goes to auction, it generates tremendous excitement. 2014, a pristine specimen sold for $4.5 million, setting a new record price for any collectable coins sold at auction. 

This article may pique your interest: How Do You Trade Gold CFDs?

 

Wrapping Up

The world of collectable coins contains many fascinating treasures that capture the imagination. As we’ve seen, a few extraordinarily rare coins have sold for millions of dollars at auction when demand from wealthy collectors intersects with their minimal supply. 

Coins like the 1933 Double Eagle, 1804 Silver Dollar, and others have tremendous cultural and historical significance, adding to their value and prestige. 

Understanding what makes these numismatic rarities prized can be insightful for coin collectors and investors. Their record-setting sales illustrate the potential for coins of outstanding artistry, beauty, rarity, and story to gain tremendous worth over decades and centuries. 

For anyone interested in building a collection or speculative investment in coins, researching and appreciating these most valuable collectable coins in history provides a helpful perspective.

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“When considering “CFDs” for trading and price predictions, remember that trading CFDs involves a significant risk and could result in capital loss. Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be considered investment advice.” 

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