For its short length in history, the United States has an extensive list of currency. Many of which are thought to be lost forever after being ordered to be destroyed due to a depression or plans of being replaced with an entirely new design. Their scarcity sparked beliefs of fable until collectors began coming forward with authentic coins verifying their place in history.
The 1794 Flowing Hair Silver Dollar – $10 Million
Now considered the highest valued coin in history, the 1794 Flowing Hair Silver Dollar was struck only in 1794 and 1795. Many collectors refer to it as much more than just a coveted item, deeming it a national treasure, which numismatists have sought after since 1880.
1933 Saint-Gaudens Double Eagle- $7.59 Million
In 1933, the Philadelphia Mint produced 445,500 Saint-Gaudens Double Eagles. Shortly after production, President Roosevelt ordered to discontinue the gold standard thus making it illegal for civilians to own gold in any form and in addition, the new coin was to be destroyed before entering into circulation. Before the gold coins could be melted down, Mint staff were able to smuggle an estimated 20 pieces out, most of which have made it across the world and back.
The 1913 Liberty Head Nickel- $3.7 Million
The 1913 Liberty Head Nickel is the coin that was never meant to be. After being struck without permission, five coins in total were made by Mint staff. Three coins are in the hands of private collectors and the other two reside in museums. The five coins have an extensive and complicated history which include consistently breaking value records.
1870-S Silver Dollar- $1 Million
Shortly after the San Francisco Mint was built they began striking coins. One of the first coins struck at the California-based mint was the 1870-S Silver Dollar. However, shortly after production began, it was noticed that the dies sent from Philadelphia were missing the “S” for the mint mark. Production of the coins was immediately halted so that the problem could be corrected. In total 12 coins were struck and made it out of the Mint to enter into the hands of private collectors.
1943 Copper Penny- $60,000 to $200,000
The infamous 1943 copper “Wheat” penny is considered to be one of the rarest coins in the world. 40 coins were struck before it was discovered they were mistakenly produced with copper instead of steel. Counterfeits have been made throughout the years, but experts have confirmed there are indeed only 12 left in private hands.
The United States Mints have created some of the most beautiful and rarest works of art in the form of coins. While some remain more elusive than others, it goes without saying they all have a special place in the hearts of collectors.
If you like this article, then you might enjoy other articles in our archives, such as What Is A First Strike Coin
Liberty Coin & Currency specializes in rare coins and currency. We are a family-owned business located in Portland and Vancouver. We are also gold, silver, diamond, currency and jewelry buyers. Visit us first for a free evaluation.