Before you drop your spare change into a Coinstar machine, take a moment to inspect it closely. You may unknowingly hold a rare and valuable coin that could be worth millions. Whether you’re a seasoned coin collector or simply curious about your pocket change, some of the world’s most coveted coins have extraordinary stories behind them and carry immense value today. Below is a guide to some of these rare treasures, each with a rich history and staggering worth.
1. The 1794 Flowing Hair Silver Dollar: America’s First Dollar Coin
This Article Includes
- 0.1 1. The 1794 Flowing Hair Silver Dollar: America’s First Dollar Coin
- 0.2 2. The 1933 Saint-Gaudens Double Eagle: A Coin That Was Never Circulated
- 0.3 3. The 1913 Liberty Head Nickel: A Phantom Coin with Huge Value
- 0.4 4. The 1804 Silver Dollar: The King of Coins
- 0.5 5. The 1787 Brasher Doubloon: A Gold Coin from America’s Early Days
- 0.6 6. The 723 Umayyad Gold Dinar: An Ancient Islamic Coin
- 0.7 7. The 1894-S Barber Dime: A Mysterious Million-Dollar Dime
- 0.8 8. The 1849 $20 Liberty Gold Coin: A Piece of American History
- 1 Conclusion: A Hidden Fortune in Your Change?
Minted in the early days of the United States, the 1794 Flowing Hair Silver Dollar stands as a symbol of American independence. Produced in 1794 and 1795, this coin was modeled after the Spanish Dollar, as seen in its size and weight.
With only about 150 to 200 of these coins still in existence today, the rarity adds to its astronomical value. Originally worth just $1, it now commands a price of around $7.75 million, making it one of the most expensive coins ever sold.
2. The 1933 Saint-Gaudens Double Eagle: A Coin That Was Never Circulated
The 1933 Saint-Gaudens Double Eagle is one of the most sought-after coins in the world, despite never being circulated. Originally, 445,500 coins were minted, but they were not released to the public due to changes in U.S. monetary policy during the Great Depression.
Of the original batch, only 13 coins remain, with one privately owned by fashion designer Stuart Weitzman. This rare Double Eagle fetched $7.5 million at auction, a massive increase from its original $20 value, cementing its place as one of the rarest coins in the world.
3. The 1913 Liberty Head Nickel: A Phantom Coin with Huge Value
The 1913 Liberty Head Nickel has long fascinated collectors due to its mysterious origins. Official records show that no Liberty Head Nickels were produced in 1913, yet five known specimens exist today. These coins have become legendary and are named after their prominent collectors: Norweb, Eliasberg, Walton, McDermott, and Olsen.
Though they lack official minting records, these coins are valued at approximately $4.75 million each, making them highly coveted by numismatists.
4. The 1804 Silver Dollar: The King of Coins
Despite the name, the 1804 Silver Dollar wasn’t minted until 1834 or later. There are three variations, or “classes,” of this coin, each with unique features. Class I has lettered edges without a rust pit, Class II has plain edges, and Class III combines lettered edges with a rust pit.
Among these variations, only eight Class I coins exist, along with one Class II and six Class III. The 1804 Silver Dollar, often referred to as the “King of Coins,” is valued at around $6.75 million.
5. The 1787 Brasher Doubloon: A Gold Coin from America’s Early Days
Minted by goldsmith Ephraim Brasher, the 1787 Brasher Doubloon features his initials, “EB,” prominently stamped on the breast of an eagle. These coins were created during the time when the U.S. was experimenting with its currency, adding to their historic significance.
One version of this coin sold for $7.4 million in 2011, while another fetched over $2.4 million in 2005. These rare doubloons, initially worth just $15, are now considered priceless among collectors.
6. The 723 Umayyad Gold Dinar: An Ancient Islamic Coin
The 723 Umayyad Gold Dinar is one of the oldest coins on this list, dating back to 723 AD. It was minted during the reign of the Umayyad Caliphate, an early Islamic empire, making it a valuable artifact from a historical and cultural perspective.
Only about a dozen of these gold dinars are known to exist today, and they are highly prized by collectors. One of these ancient coins is valued at over $6 million, making it one of the rarest Islamic coins in the world.
7. The 1894-S Barber Dime: A Mysterious Million-Dollar Dime
One of the most intriguing coins on this list is the 1894-S Barber Dime, of which only 24 were ever minted. Today, only nine of these coins remain, adding to their rarity.
Initially worth just 10 cents, one of these coins was sold at auction in 2020 for an impressive $1.44 million. Its mysterious origins and limited quantity have contributed to its status as one of the most valuable dimes in the world.
8. The 1849 $20 Liberty Gold Coin: A Piece of American History
The 1849 $20 Liberty Gold Coin is not only rare but also made of 90% gold and 10% copper, weighing just over 33 grams. Its design reflects the height of American craftsmanship in the mid-19th century.
Only two of these coins are known to exist, and they are highly coveted by collectors and historians alike. Valued at approximately $15 million, this gold coin is one of the most expensive in the world, representing a significant piece of U.S. history.
Conclusion: A Hidden Fortune in Your Change?
Rare coins like the ones mentioned above often have fascinating histories and values far beyond their original worth. From the first dollar coin of 1794 to the mysterious 1894-S Barber Dime, these treasures demonstrate that sometimes, the smallest items can hold immense value. Before you empty your pockets into a coin machine, take a moment to check if you might be holding a fortune in your hands.
