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

Do You Owe Money To The IRS?

The vast majority of Americans get a tax refund from the IRS each spring, but what do you do if you are one of those who have received a tax bill? What do you do if you owe money to the IRS and can’t pay? The IRS encourages you to pay the full amount of…

How Some Big Companies Are Maximizing Their Tax Benefit

How Some Big Companies Are Maximizing Their Tax Benefit

How Some Big Companies Are Maximizing Their Tax Benefit There’s no question that the IRS is always looking for ways to get every penny they can from the nation’s taxpayers, whether they be individuals or businesses. On the other hand, many are also doing whatever they can to pay as little as possible, some, even…

Federal Government Still Facing Huge Deficit

Federal Government Still Facing Huge Deficit

Federal Government Still Facing Huge Deficit Does it seem like no matter how much money the federal government collects in tax revenue, they will still never have enough? For a lot of people the, answer is a resounding “yes.” The country’s Monthly Treasury Statement lends even more credence to that belief.  What does the Treasury…

The IRS is Not a Bully – You can poke a bully in the nose.

The IRS is Not a Bully You can poke a bully in the nose. This is the third installment of “The IRS is Not a Bully” series, identifying taxpayer concerns and the difficult position in which Congress puts the IRS. Namely, applying ever increasing pressure to operate in ways its founders never intended, until it’s…