Coins have been around for centuries, and some have become incredibly valuable due to their rarity, age, or unique features. You might think that only collectors and museums own these coins, but some valuable coins could be hidden in plain sight, even in your pocket! Let’s take a look at nine of the most valuable coins in the world and learn why they’re so special.
1. The 1794 Flowing Hair Silver Dollar
The 1794 Flowing Hair Silver Dollar is often considered one of the most expensive coins ever sold. Experts believe it was the first silver dollar struck by the U.S. Mint. It features a profile of Lady Liberty on the front and an American eagle on the back. With fewer than 1,800 of these coins produced and around 120 to 130 remaining, it’s incredibly rare. In 2022, this coin sold for a record $12 million.
2. The 1787 Brasher Doubloon
The 1787 Brasher Doubloon was made by a New York City goldsmith, Ephraim Brasher. This gold coin features a state seal with a rising sun and the American eagle with a shield. The value of the coin depends on certain features. For example, a version with Brasher’s “EB” mark on the breast sold for $7.4 million in 2011, and another fetched $9.36 million in 2021.
3. The 1787 Fugio Cent
The Fugio Cent, also known as the Franklin Cent, was likely the first coin circulated in the United States. Designed by Benjamin Franklin, the coin displays a sun and a sundial with the Latin word “fugio,” symbolizing that time flies. On the reverse side, it has a motto, “We are one,” surrounded by 13 links representing the original U.S. states. While not as pricey as other coins, a well-preserved Fugio Cent can sell for as much as $10,000.
4. The 723 Umayyad Gold Dinar
This rare Islamic coin, made from gold mined at a location owned by the caliph, is extremely valuable. It bears the inscription “mine of the commander of the faithful.” With only a dozen known examples, this coin fetched around $6 million at auctions in 2011 and 2019.
Table of the Most Valuable Coins
| Coin Name | Year | Auction Price |
|---|---|---|
| 1794 Flowing Hair Silver Dollar | 1794 | $12 million |
| 1787 Brasher Doubloon | 1787 | $9.36 million |
| 1787 Fugio Cent | 1787 | Up to $10,000 |
| 723 Umayyad Gold Dinar | 723 | $6 million |
| 1343 Edward III Florin | 1343 | $6.8 million |
| 1943 Lincoln Head Copper Penny | 1943 | $1.75 million |
| 2007 $1M Canadian Gold Maple | 2007 | $4 million |
| 1913 Liberty Head V Nickel | 1913 | $4.56 million |
| Morgan Silver Dollars | N/A | $100,000+ |
5. The 1343 Edward III Florin
The 1343 Edward III Florin is one of the oldest and rarest coins on this list, with only three known to exist. Two are housed in the British Museum, and the third was found by a prospector in 2006. Featuring King Edward III on the front, the coin sold for $850,000 in 2006 and is now valued at around $6.8 million.
6. The 1943 Lincoln Head Copper Penny
This penny, normally made of copper, was mistakenly produced with copper instead of steel during World War II when the U.S. needed copper for the war effort. It’s estimated that about 40 of these pennies exist today. A well-preserved 1943 copper penny can sell for $1.75 million, while a less valuable steel penny might get you about 30 or 40 cents.
7. The 2007 $1 Million Canadian Gold Maple Leaf
Weighing an incredible 100 kilograms (220 pounds), the $1 million Canadian Gold Maple Leaf coin was created as a promotional piece. Only six were ever made. One sold for $4 million in 2010, and another was stolen from a Berlin museum in 2017, though it was never recovered.
8. The 1913 Liberty Head V Nickel
With only five known examples, the 1913 Liberty Head V Nickel is one of the rarest coins around. Each coin has sold for millions, with prices ranging from $4.15 million in 2005 to $4.56 million in 2018. The coin features the profile of Lady Liberty on one side and a large “V” for the Roman numeral five on the other.
9. Morgan Silver Dollars
Though not as rare as others, Morgan Silver Dollars can still fetch high prices. Specific versions like the 1893 S, 1901, and 1889 CC Morgan can sell for over $100,000. Even a common Morgan dollar will at least give you the value of its silver content, making it a popular item for both collectors and investors.
Conclusion
While most of these coins are rare and expensive, you never know when you might stumble upon a valuable piece of history. Even if you don’t have one of the ultra-rare coins, owning a piece of history like a Morgan Silver Dollar can still be thrilling. Keep an eye out—you might just be holding a fortune in your hands!
FAQ’s
Can I still find valuable coins like these?
Yes, some rare coins like the 1943 Lincoln Head Copper Penny can still be found in circulation or tucked away in old collections.
What makes these coins so valuable?
Coins are valuable based on rarity, condition, historical significance, and sometimes errors made during minting.
Where can I sell valuable coins?
You can sell valuable coins at auctions, coin shows, or through reputable dealers. It’s important to have your coins professionally appraised to know their worth.