The Most Valuable Coins in the U.S.

The Most Valuable Coins in the U.S.

Are you a coin collector? Maybe you’re looking for a new hobby and valuable coins sounds like it could be right up your alley. Some collectors do it simply for a hobby, while others collect with a goal to make money. Whatever the reason, any coin collector can appreciate the rarest and most valuable coins in the industry.

There are several factors that help determine a coin’s value.

For example, how can one penny be worth so much, while most are just worth a cent? One factor that boosts a coin’s value is the material it’s made of. Coins made from gold and silver are often worth much more than their face value. For example, quarters that were minted before 1965 contain 90 percent silver by weight. That makes them worth about $3.50-$4.00 in just the value of the silver alone.

Another value factor is whether or not the coin has any historical value. How rare a coin is, is another thing collectors look for. In fact, a coin can be valuable simply because there are not very many of them in circulation. Lastly, any coins with errors or that have been misprinted can also be very valuable and attractive to collectors.

So with that in mind, here are some the most valuable coins in the U.S.

1794 Silver Dollar

This coin gets its value for two reasons. Not only is it rare, but also it’s very old and has historical significance, as well. It was the first dollar coin that was minted in American history. Only 2000 were made and very few can be found today, which is why they could be worth as much as $1 million each.

1838 Half Dollar (O)

Only about a dozen of these coins were minted because of issues with the press. Additionally, the entire New Orleans mint was closed because of an outbreak in the city. Thus, they are extremely hard to find.

1870 Silver Dollar

These rare coins are full of silver, so even though their face value is only $1, they actually contain about $14 worth of silver. However, that’s not why they’re on this list. There are only 12 of these coins remaining, meaning they would likely sell for more than $1 million each.

1913 Liberty Head Nickel

There are only five of these coins still in existence, which makes them extremely rare, as well as extremely valuable. In fact, at auction one of these rare coins could fetch as much as $5 million.

1927 Double Eagle(D)

This coin is valuable because of its rarity, as well. Although these coins were minted in different locations, the ones minted in Denver have special value because they are so rare. They could easily fetch several hundred thousand dollars more than the same coins minted in San Francisco and Philadelphia.

1933 Gold Eagle

This coin is very rare because shortly after it was minted, President Roosevelt made the private ownership of gold illegal. Most of the coins were recalled and melted down. Now, only about 50 of these coins still remain. They have fetched as much as $500,000.

 

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