The concept of the “rarest coin in the world” can be a bit nuanced, as different criteria might apply (e.g., fewest examples known, unique historical significance, or highest auction price). However, several coins consistently rank among the rarest and most valuable:
1. 1933 Double Eagle: This coin is particularly notable because, while almost half a million were minted, nearly all were ordered melted down before being officially released due to the US abandoning the gold standard. Only one is legally available for private ownership, and it sold for a record-breaking $18.9 million in 2021. The rest are held by the US government.
2. 1794 Flowing Hair Silver Dollar: This is considered by some to be the first silver dollar minted by the United States Mint. With fewer than 1,800 originally minted, and only a small fraction remaining, its rarity is a significant factor in its value. A specimen sold for $12 million in 2022, according to Bankrate.
3. 1343 Edward III Florin (Double Leopard): This English coin is incredibly rare, with only three examples known to exist. Two are held in the British Museum, and the third was found by a metal detectorist in 2006, later selling for the equivalent of $6.8 million in a private sale.
4. 1787 Brasher Doubloon: Minted by Ephraim Brasher before the establishment of the U.S. Mint, this early American gold coin holds considerable historical value. Variations exist depending on the placement of Brasher’s “EB” hallmark, with some selling for millions of dollars at auction. For example, one version sold for $9.36 million in 2021.
5. 1913 Liberty Head Nickel: Only five of these coins were illicitly minted at the U.S. Mint. Their unauthorized creation makes them highly sought-after among collectors. One example sold for $4.56 million in 2018, according to Pacific Precious Metals.
Other coins consistently featured in discussions of rare and valuable coins include:
- 1804 Draped Bust Dollar: Often called the “King of American Coins,” this dollar wasn’t actually minted in 1804 but later as diplomatic gifts. Only 15 are known to exist.
- 723 Umayyad Gold Dinar: This early Islamic coin is significant for its historical references, including the caliph’s gold mine.
- 1822 Half Eagle ($5 Gold Coin): Only three of these early U.S. gold coins are known to exist, with only one in private hands.
It’s important to remember that the value of rare coins can be influenced by several factors, including:
- Rarity: The fewer examples in existence, the more valuable a coin typically becomes.
- Historical Significance: Coins linked to important historical events or figures often command higher prices.
- Condition: Coins in excellent, uncirculated condition are generally more desirable and expensive.
The world of numismatics is rich with fascinating coins, each with a unique story and appeal to collectors.
What US coin is worth $19 million?
Great question! The 1933 double eagle $20 gold coin became the most expensive coin ever sold in June 2021 when it was auctioned for $18.9 million. But when the U.S. Mint first produced the coin in 1933, it wasn’t particularly rare, with around 445,500 produced.