If you read Part I of this post, you would have a better understanding of how expensive collectible coins can be, based almost solely on numismatic value. Below are three more of the most famous and pricey coins.
1933 Double Eagle
The most valuable American coin ever sold at public auction was a 1933 Double Eagle, a $20 gold piece. It was jointly sold by Stephen Fenton, a London dealer, and the United States government to an anonymous buyer for more than $7.5 million at Sotheby’s in 2002. It is one of only two 1933 Double Eagles on view in the National Numismatic Collection at the Smithsonian’s National Museum of American History.
1792 Copper Cent
The Coinage Act of 1792 not only created the United States dollar as the country’s standard unit of money, but it also introduced the copper cent, a predecessor to the penny of today. An experimental 1792-dated copper cent with a silver plug in its center was sold in 2012 by Heritage Auctions for $1.15 million and was one of only 14 known of its kind.
1794 Flowing Hair
Some experts believe that the 1794 Flowing Hair dollar was the first silver dollar struck by the United States Mint. Just one was sold for $7.85 million in 2010, making it the most valuable United States rare coin ever reported.
Rare coins and currency must be treated with great care by professionals with expertise in numismatics. Why trust anyone else but the professionals at Jewelry-n-Loan? Loan Officers are on hand to assist you with all sales and purchases of or collateral loans on collectibles, gold and diamond jewelry and fine watches. Please call (949) 645-0488 or visit 1872 Newport Boulevard, Costa Mesa, CA 92627 for more information.