The World’s Most Expensive Coins

The World’s Most Expensive Coins:

1. USA – Flowing Hair Dollar: The first dollar coin type issued by the US federal government (in 1794 and 1795). In 2010, the finest known example of the coin, struck in 1794, was sold in a private sale for $7.85 million.
2. England – Edward III Double Florin, 1343-44: Only three examples of this coin are known to exist. Sold at auction at Spink’s for £460,000 (approximately $6.80 million) in 2006.
3. Canada – Queen Elizabeth II $1 Million Dollar: This coin, weighing an incredible 100 kilos, was minted by the Royal Canadian Mint. Its purity is 99.999 percent, the purest type on the market. Although its face value is $1 million, it fetched $4 million in an auction at the Dorotheum auction house in Austria in 2010.
4. USA – 1804 Silver Dollar: Only eight Class I 1804 dollars were issued. Since three of these are in museum collections, only five are available for private collectors. Sold at auction for $3,737,500 in 2008.
5. USA – Saint-Gaudens Gold Double Eagle 1933: This coin currently holds the record for the highest amount paid for a coin at auction. Sold on July 30, 2002, at Sotheby’s auction in New York for $7.59 million.
6. USA – Brasher Doubloon 1787: The Brasher doubloon is considered the first American-made gold coin denominated in dollars. The coin was minted by the goldsmith Ephraim Brasher and sold for $7.4 million in 2011 to an anonymous Wall Street investment firm.

:Rare coin values can often change depending on the economy and the demand for rare coins. The top 5 rarest coins known today are the 1933 double eagle which sold for a record breaking amount of 5 million plus 15% auctioneer charge  bring the total sale to over 7 million dollars US. The 1913 V Liberty head nickel only 6 known to exist valued today at 5 million dollars. The 1804 silver trade dollar valued at over 37 million dollars.

The 1885 silver dollar valued at over 33 million dollars and the 1907 double gold eagle valued at almost 30 million dollars. This list may be somewhat arguable among collectors because there are coins out there considered priceless coins.

Putting the value on an old rare coin is no easy task, look at the history of the 1913 V nickel. No one even knew the coins existed until 1920 when one was displayed at a national coin convention. Thou it is only speculation as to how these coins  came to be the five cent coins suddenly became worth 600.00 a piece 84 years after the coin was introduce into the market it went from being worth 5 cents to a hefty 3,000,000.00 dollars in 2004.

In 1972, one of the five 1913V nickels was the first coin ever to sell for 100,000.00 dollars. In 1980, the coin became worth just shy of 1million dollars. This very same coin didn’t sell in 1961 for 50,000.00. The most recent activity for one on these 1913 V nickels was in 2007, when the finest of the six coins failed to bring a reserve bid of 5,000,000.00 US.  

It is speculated today that the 1933 double gold eagle could bring as much as 10 or 15 million dollars at auction, and the 1913 V Nickel would hit its previous asking price of 5 million. Like everything else in life, the value of a rare coin is what the market price will bare for it. The value of rare coins and the value of antique coins will fluctuate but the old classic coins tend to keep their value.

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