Coins aren’t just about money; they are treasures steeped in history and represent significant events in history, symbolizing extraordinary craftsmanship.
Some of these coins, such as the Bicentennial Quarter, and many others, have realized astronomical price valuations based on their very limited quantity, historical significance, and uniqueness.
Here’s a look at the story of the near million Bicentennial Quarter and three more coins that have set the imaginations of coin collectors around the world and fetched a valuation of more than million each.
Rare Bicentennial Quarter:
Among the series produced in 1976, to commemorate the 200th anniversary of the United States, was the Bicentennial Quarter.
This coin carries the dual dates “1776-1976” and a unique Colonial drummer obverse design on its reverse.
Millions were produced, but few have fetched astronomical values because of an error: a double die obverse, where the design was printed twice, creating an evident overlap. This is a rare variant, graded MS-68 by professional grading services, well-preserved and quite attractive in its scarcity.
Valued at about $39 million, the coin is rare, historically significant, and exceptionally preserved. Coins of this nature are interesting to investors not only for financial return but also to collectors who find it a thrill to hold a part of American history.
1794 Flowing Hair Silver Dollar:
Produced in 1794, the Flowing Hair Silver Dollar is one of the first silver dollars ever produced in the United States. It shows Lady Liberty on the obverse and an eagle on the reverse.
This early coin design represents America’s first attempt at a national currency. Only 1,758 of these coins were ever produced; fewer still have survived today in high condition.
In 2013, an SP66 graded example sold for $10 million USD. That made that coin the most expensive coin ever at that time, according to experts who think today its value has appreciated dramatically and may reach as high as $50 million.
Its value is based on being one of America’s first coins, rarity, and superb condition. Collectors find it a very fulfilling experience to have a Flowing Hair Silver Dollar from 1794.
1933 Double Eagle:
Double Eagle is a gold coin with a lot of history and controversy written into it. These coins, minted in 1933, had a face value of $20.
Due to President Franklin D. Roosevelt’s executive order banning private gold ownership during the Great Depression, these coins were ordered to be melted down. Of the 445,500 double eagles minted, nearly all were melted down, and only a few survived to become some of the world’s most sought-after coins.
In 2021, one of these rare coins brought $18.9 million in an auction that set a record. Value lies not only in the rarity of the coin but also in its history, including lawsuits and symbolic significance in turning history for U.S. economic history.
A 1933 Double Eagle in comparable condition would attract more than $50 million USD if sold at an auction because of its rarity and appeal.
1907 Saint-Gaudens Double Eagle (Ultra High Relief):
Among the most beautiful American coins, one of the most noted and fabled coins was the 1907 Saint-Gaudens Ultra High Relief Double Eagle, which was designed by famous sculptor Augustus Saint-Gaudens.
It is a depiction of Lady Liberty with a torch in one hand and an olive branch with a flying eagle on its reverse, depicting both freedom and peace. In fact, the minute detail of this coin proved rather difficult to mint, and thus only a few Ultra High Relief coins were produced.
These coins had to be struck multiple times to capture the fine details, so each coin became rare and highly valued. One sold in 2005 for over $3 million, but experts believe now that in terms of artistry, the limited mintage, and historical relevance, this particular coin might reach a valuation of more than $50 million.
The 1907 Saint-Gaudens Double Eagle is, aside from being a currency, a masterpiece that represents American coinage to be a form of high art.
These coins are valued not only for what they are made of, but for their might-history they tell. They represent how the United States changed its history from the country’s early years to the hard times of the Great Depression. Being a collector, having one is holding a parcel of American heritage as it unites the past to the present.
FAQS:
What makes the Bicentennial Quarter valuable?
It is rare since it contains a double die obverse error and mint state.
What makes the 1794 Flowing Hair Dollar special?
It is part of the early U.S. silver dollars, showcasing one of the important developments of early American coinage.
Why is the 1933 Double Eagle so rare?
Most of it was melted down as part of Roosevelt’s gold ban, leaving very few survivors.