Rare coins: Priceless heritage of history
Rare coins have always attracted collectors. These are not just currency, but historical heritage, which shows a glimpse of the economy, politics and society of their time. Some of these coins have reached the price of crores in auction and are counted among the most valuable collectibles in the world. Let us know about 8 such rare and precious coins, whose value is estimated in millions.
1.1933 Saint-Gaudens Double Eagle
This is one of the most famous and valuable coins in American history. It was issued in 1933, but during the Great Depression in America, the government stopped the circulation of gold coins and most of the coins were melted.
However, some coins survived and today they are considered extremely rare. In 2002, a copy of this coin sold at auction for over $7.5 million (about Rs 62 crores), making it one of the most expensive coins ever sold.
2. 1794 Flowing Hair Silver Dollar
This was the first silver dollar minted by the US government. Its history and rarity make it very valuable among collectors.
In 2013, a rare copy of this coin sold at auction for $10 million (about Rs 82 crores), making it the most expensive currency ever sold at auction.
3. 1913 Liberty Head Nickel
This coin is surrounded by mystery as only 5 copies of it were made and these were not officially released. The rarity and unique history of this coin has made it extremely valuable.
In 2018, a copy of this coin sold for $4.5 million (about Rs 37 crore), making it one of the most expensive nickel coins in the world.
4. 1804 Draped Bust Dollar
It is called the “King of US Coins“, but interestingly, it was actually minted not in 1804 but much later to be gifted to foreign leaders.
In 2017, a rare copy of this coin was auctioned for $4.1 million (about Rs 34 crore), proving its historical and collectible value.
5. 1937 Edward VIII Proof Gold Sovereign
This coin was minted during the reign of King Edward VIII of Britain, but since he abdicated the throne for his love, the coin was never officially released.
It is counted among the rarest British coins in the world and in 2020, a copy of it was auctioned for $ 2.7 million (about Rs 22 crore).
6. 1907 Ultra High Relief Saint-Gaudens Double Eagle
This coin was designed by American artist Augustus Saint-Gaudens and is famous for its intricate design and high-quality texture.
But this design was changed due to its difficult manufacturing process, which further increased the rarity and value of this coin. This coin sold for up to $ 2.8 million (about Rs 23 crore) at auction.
7. 1861 Confederate States Half Dollar
This coin was minted during the American Civil War, when some states of America separated and formed the Confederate States of America.
This coin is not only rare but also a historical heritage, reflecting the economic changes that took place during the Civil War. A rare copy was auctioned for $1.6 million (about Rs 13 crore).
8. 1927-D Saint-Gaudens Double Eagle
This is one of the US gold coins, the number of which is extremely limited. In 1927, thousands of copies of this coin were made, but later most of the coins were melted, making this coin extremely rare.
It is counted among the most expensive coins in the world and it was sold at auction for $1.6 million (about Rs 13 crore).
Conclusion
Rare coins are not just pieces of metal, but they are priceless heritage of history, art and rarity. Some coins are associated with political changes, some are masterpieces of art, and some are symbols of financial crisis.
The price of these coins is determined not only by their metal, but also by the story behind them, historical significance and their rarity. If you are also interested in collecting coins, then you may also have a coin that proves to be priceless!
Frequently Asked Questions (FAQs)
What is the most expensive coin ever sold?
The 1794 Flowing Hair Silver Dollar, which was auctioned for $10 million in 2013.
Why is the 1933 Double Eagle coin so rare?
Most of the United States gold coins became melted down because the US stopped using its currency system in 1933.
How many coins of the 1913 Liberty Head Nickel exist?
Only 5, making it extremely rare and expensive.
Why was the Edward VIII Gold Sovereign coin never issued?
King Edward VIII surrendered his British royal position after getting married to a love interest followed by an abbreviated rule.
Is it worth investing in rare coins?
Rare coins grow in value through time but most notably through rare coins that hold significant historical importance.