The Most Valuable Coins in the U.S.

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, CPA

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.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

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…

Untitled_Artwork copy 4

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.

Posted in

Who Really Qualifies as a Dependent for Taxes?

How many dependents do you really have? Who can really be counted as a dependent? These are some of the most common questions that all taxpayers have. Can you count all of your children, live-in help, or perhaps a dog or other family pet? What about a friend who decides to crash at your place…

Obama Looking to Stick the Wealthy With Even More Taxes

His second term in office is winding down, but President Obama would still like to raise taxes on high net worth individuals before he checks out of the White House at the beginning of next year. Although the president has already taken several measures to raise the effective tax rate on the wealthy, he is…

7 Leadership Traits

Which Tax Breaks Help High Net Worth Taxpayers the Most?

It’s no secret that the United States government generally taxes high net worth individuals at a much higher clip than those in the lower- and middle-income brackets. However, despite that fact, there are still many provisions in the tax system, if used properly, can help wealthy earners save on their taxes. So what are some…

Tax Preparers Get Busted for Fraudulent Practices

Every tax season is full of stories and tales of people who go to great lengths to avoid paying taxes. In addition there are dozens of reports of unscrupulous tax preparers that get caught trying to cheat the system: either their clients or the IRS, or both. We want to share a few of those…