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.
We hope you found this article about “The Most Valuable Coins in the U.S.” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
Rent Vs. Buy Your First Home
Rent vs. Buy Your First Home Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes, and monthly payments to help you make a good financial decision. Click the “View Report” button for a…
IRS Announces 2015 Standard Mileage Rates
IRS Announces 2015 Standard Mileage Rates By Alan Olsen, CPA, MBA (tax) Managing Partner Greenstein Rogoff Olsen & Co. LLP Although most people typically use their vehicles to commute back and forth to work, there are many individuals that are required to use their personal vehicles as part of their job. Did you know that…
How to Use Three Bootstrap Financing Techniques to Get Your New Business Up and Running Now!
How to Use Three Bootstrap Financing Techniques to Get Your New Business Up and Running Now! It’s a well known fact that Uncle Sam reserves a portion of your paycheck every pay period. However, there is good news! Listed below are seven types of your income that are generally excluded from U.S. federal income taxation:…
Established Small Businesses Need to Have a Succession Plan
Established Small Businesses Need to Have a Succession Plan There are millions of companies in the United States, both big and small, and every size in between. Many of these businesses – somewhere in the neighborhood of about four million – are owned by baby boomers. Baby boomers have been an integral part of our…