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Finding rare coins that fetch thousands of dollars excites many enthusiasts. Some coins, while seemingly insignificant, hold considerable historical value and can command a small fortune. Understanding which eight rare coins are highly coveted by collectors provides insight into the bustling world of numismatics.
These coins are adored not just for investment purposes. They are cherished finds, sparking excitement within the collector community. So, let’s delve into eight coins that collectors are keenly pursuing.
The Legendary 1933 Saint-Gaudens Double Eagle
The 1933 Saint-Gaudens Double Eagle is iconic, setting a record by selling for an astounding $18.9 million at auction in 2021, said Ailie F. Byers, MPA, CFO at Centennial Auctions. Though many were minted, few survive, given that almost all were ordered to be melted down.
A rare breed indeed, only 13 specimens are known to remain today, making it one of the most coveted additions to any collection.
The Historic 1787 Fugio Cent
The 1787 Fugio Cent, or the Franklin Cent, represents the dawn of American coinage. Its design, speculated by some to have been influenced by Benjamin Franklin, features poignant messages such as “Mind Your Business.” This copper coin reflects historical significance and rarity.
This coin’s value varies significantly, depending on quality, with some auctioning for up to $92,500.
Popular Morgan Dollars: A Collector’s Delight
The Morgan Dollars have fascinated collectors for years. Their appeal lies in their size, silver content, and historical importance. Coins minted at the Carson City Mint are especially sought after because of their distinct mark and scarcity. Here are notable examples:
1886-S Morgan Dollar
Collectors cherish the 1886-S Morgan Dollar, with its value increasing based on its condition. In MS-64 condition, it’s valued at $1,300, while higher-grade specimens can reach up to $9,000.
The Eminent 1895 Morgan Dollar
Often entitled “King of the Morgans,” the 1895 Morgan Dollar boasts an incredibly low mintage of 880, making it very desirable within the coin-collecting community. Auction prices for quality specimens can soar upward of $100,000.
The Collectible 1928 Peace Dollar
Like the Morgans, the 1928 Peace Dollar is cherished for its rarity, specifically in higher grades. With 360,649 minted, this coin captures the essence of the Peace Dollar series, being a prime target for collectors.
The Esteemed 1909-S VDB Lincoln Cent
The 1909-S VDB Lincoln Cent, set apart by its designer’s initials, is a low mintage marvel. Its value dramatically depends on color and grade, fluctuating between $800 and $8,000.
Liberty and Britannia: A Transatlantic Collaboration
Matthew Jones from Solomon Global spoke of the Liberty and Britannia coin, a rare edition minted in collaboration between the U.S. and U.K. This coin epitomizes unity and heritage. With only about 11,000 crafted, it is heavily pursued for its craftsmanship and symbolic significance, with recent sales around £3,000 or nearly $4,000 USD.
2023 Royal Succession Gold Britannia
The 2023 Britannia, erroneously minted with Queen Elizabeth II in its final stages, became a collector’s sensation due to its uniqueness. This coin sold for an impressive $50,000 at auction, highlighting the role of rarity in collector interest.
These coins, while seemingly small, hold vast historical and monetary importance, illuminating the captivating field of coin collecting. For more personal finance tips and strategies, click here.
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