Some rare coins have become highly sought-after gems in numismatics, selling for millions of dollars at auction. For collectors, these coins are extremely valuable investments and historical artifacts.
The eight rare coins listed below are so valuable that collectors regard them legendary because of their historical value, extreme rarity, and outrageous auction prices.
8 Rare Coins Worth Millions
1. 1794 Flowing Hair Silver Dollar
The first silver dollar ever struck by the United States of America was the 1794 Flowing Hair Silver Dollar. Because it is very rare and has a lot of historical importance, it is a dream for collectors.
One of these coins sold for a record $10 million in 2013, and predictions indicate it may reach $15 million in the upcoming years. Its value is still rising. This coin is the focal point of any collection of rare coins because there are only about 140 known specimens of it.
2. 1933 Saint-Gaudens Double Eagle
The 1933 Saint-Gaudens Double Eagle is a famous and rare American coin that reminds us of the country’s tough times during the Great Depression. Only a small number of these coins remain after they were never put into circulation and melted down.
At a 2021 auction, one of these coins brought in a record-breaking $18.9 million, making it the most ever purchased for a U.S. coin.
3. 1787 Brasher Doubloon
Among the earliest gold coins in American history is the Brasher Doubloon, created in 1787 by New York goldsmith Ephraim Brasher. Because it was privately minted, it is even more desirable because it is very distinctive.
A special version of this coin with Brasher’s unique “EB” symbol on the side was sold for $9.36 million in 2021, making it very popular among rich collectors.
4. 1894-S Barber Dime
There were just 24 Barber Dime minted in 1894-S, and only nine are thought to survive today. As a result of its limited mintage and enigmatic origin story, this particular coin stands as a significant rarity in the annals of American numismatics, commanding prices in the millions of dollars. A superb specimen can realize up to $2 million when offered at auction.
5. 1804 Draped Bust Silver Dollar
A common moniker for the 1804 Draped Bust Silver Dollar is “King of Coins.” These 1804 coins were struck as diplomatic presents later in the 1830s. This coin is a legendary relic with only 15 known copies in numismatics. One of these coins sold for $7.8 million in 2021, and its value is predicted to increase even more.
6. 1913 Liberty Head Nickel
Since no nickels with this design were formally produced in 1913, the 1913 Liberty Head Nickel is an outlier. This coin is very rare; only five are known to exist. One was sold for $4.5 million at the latest auction.
7. 1955 Doubled Die Lincoln Cent
One of the most well-known errors in American coin history is the 1955 Double Die Lincoln Cent. This coin stands out among collectors because the date and text are doubling. Depending on the grade, well-preserved versions might sell for $50,000 to $100,000.
8. 1792 Birch Cent
One of the first pieces struck by the United States Mint, the Birch Cent (1792), is named for engraver Robert Birch. Because it is very rare and has a lot of historical importance, it is a dream for collectors. At auction, a specimen of this coin brought approximately $2.5 million.
Collecting rare coins has always captivated enthusiasts, and because their prices frequently reach the millions, they offer a substantial financial opportunity. From the 1794 Flowing Hair Silver Dollar to the 1955 Doubled Die Lincoln Cent, the eight coins on this list are recognized gems in numismatics.
Because of how old they are, how few of them exist, and how well they’ve been kept, these coins are very valuable and hard to find. If you have one, you could make a good amount of money.