10 of the Most Valuable Coins in the World

Many collectors can't resist the allure of a rare and valuable coin. While most risk-averse gold investors will simply buy standard or well-known coins, rare coin enthusiasts typically hunt for unique, historical, or limited-edition coins to bulk up their portfolios. Such coins are often worth a fortune, and locating one is like hitting the jackpot for a dedicated numismatist.

#1 1933 Saint Gaudens Double Eagle

The Saint-Gaudens Double Eagle is a world-famous gold coin minted in the United States between 1907 and 1933. Its designer, Augustus Saint-Gaudens, crafted this beautiful coin featuring an image of Liberty holding an olive branch and a torch. The eagle in flight is on the reverse side.

The coin's composition is 90% gold and 10% copper, and it contains .96750 troy oz of gold. It was originally worth $20. Today, the 1933 Saint-Gaudens Double Eagle is typically valued at over $20,000,000!

#2 1913 Liberty Head Nickel

The 1913 Liberty Head V Nickel is an extremely rare coin of unauthorized mintage. Only five specimens still exist.

The coin shows Liberty's head on the front and the letter "V" on the reverse side. Originally, these coins all belonged to Samuel Brown, a numismatist who sold them in 1924. However, the unique coins ended up in the collection of Colonel E. H. R. Green until his passing in 1936, when two coin dealers split the set.

Although the coin's original face value was only five cents, its estimated current price is over $5,000,000.

#3 1787 Brasher Doubloon

The 1787 Brasher Doubloon is an extremely rare coin with tremendous historical value. It was the first-ever gold coin produced in the United States, way before federal mints existed.

Only seven specimens of the original coin exist, all created by Ephraim Brasher. He was a goldsmith and a neighbor of George Washington.

A Brasher Doubloon contains 26.6 grams of 22-carat gold. While it was priced at $15 at the time of its production, this coin is now worth over $10,000,000.

#4 1943 Lincoln Head Copper Penny

The United States minted the 1943 Lincoln Head Copper Penny during World War II. Nickel and copper were scarce at the time, so almost all 1943 pennies were steel coins. However, the mint accidentally used copper for one random batch of pennies.

Around 20 to 40 of the original 1943 Lincoln Head Copper Pennies still exist, most worth several hundred thousand. However, in 2010, one coin fetched $1,750,000 (in today's prices, that's over $2,300,000!)

#5 Flowing Hair Silver Dollar

The Flowing Hair Silver Dollar, minted between 1794 and 1795, was the first silver U.S. dollar. In 2010, one of the earliest 1794 specimens sold for over $10,000,000, which made it the world's most expensive coin at the time. Adjusted for inflation, it's worth over $13,000,000 now.

The 26.96-gram coin consists of 90% silver and 10% copper. It shows the bust of Liberty on the front and an eagle surrounded by a wreath on the reverse side.

#6 723 Umayyad Gold Dinar

One of the most valuable coins in the world is the 732 Umayyad Gold Dinar, an ancient coin from 723 AD. About a dozen specimens of this rare Islamic coin exist. Unsurprisingly, one 723 Umayyad Gold Dinar fetches approximately $5,400,000 today.

This coin dates from the time of Yazid II, an Umayyad caliph, between 720 and 724 AD. It features intricate inscriptions, which scholars say refer to a mine northwest of Mecca and give the coin much historical importance. It's the earliest Islamic coin to mention a place in today's Kingdom of Saudi Arabia.

#7 2007 Canadian Gold Maple Leaf

The 2007 Canadian Gold Maple Leaf (the Big Maple Leaf) is a novelty coin minted in Canada. The 100-kg coin of 999.99 pure gold was the largest coin in the world until the one-ton Australian Kangaroo appeared in 2011.

Six Big Maple Leafs exist, each worth over $5,300,000. The giant coin features an image of Queen Elizabeth II and a suitably intricate maple leaf design.

#8 1928 China Silver Dollar, Year 17

This Republic Chang Tso-lin silver dollar is a Chinese rarity coin. It sold for $2,160,000 at an auction in 2021 and continues to generate interest among collectors.

The obverse side of the coin depicts Chang Tso-lin, or Zhang Zu

Frequently Asked Questions

What precious metal is best for investing?

This depends on what risk you are willing take and what kind of return you desire. Gold is a traditional haven investment. However, it is not always the most profitable. You might not want to invest in gold if you're looking for quick returns. Silver is a better investment if you have patience and the time to do it.

If you don't care about getting rich quickly, gold is probably the way to go. If you are looking for a long-term investment that will provide steady returns, silver may be a better choice.

What Should Your IRA Include in Precious Metals?

It's important to understand that precious metals aren't only for wealthy people. You don’t need to have a lot of money to invest. In fact, there are many ways to make money from gold and silver investments without spending much money.

You might also be interested in buying physical coins, such bullion rounds or bars. It is possible to also purchase shares in companies that make precious metals. You may also be interested in an IRA transfer program offered by your retirement provider.

Regardless of your choice, you'll still benefit from owning precious metals. These metals are not stocks, but they can still provide long-term growth.

And unlike traditional investments, they tend to increase in value over time. If you decide to make a sale of your investment in the future, you will likely realize more profit than with traditional investments.

Is gold buying a good retirement option?

Although buying gold as an investment might not sound appealing at first, when you look at the average annual gold consumption worldwide, it is worth looking into.

Physical bullion bar is the best way to invest in precious metals. However, there are many other ways to invest in gold. The best thing to do is research all options thoroughly and then make an informed decision based on what you want from your investments.

If you don't want to keep your wealth safe, buying shares in companies that extract gold and mining equipment could be a better choice. If you need cash flow from an investment, purchasing gold stocks is a good choice.

ETFs are an exchange-traded investment that allows you to gain exposure to the market for gold. You hold gold-related securities and not actual gold. These ETFs typically include stocks from gold miners, precious metallics refiners, commodity trading companies, and other commodities.

What are some of the advantages and disadvantages to a gold IRA

An Individual Retirement Account is a more beneficial option than regular savings accounts. You don't pay taxes on any interest earned. An IRA is a great option for those who want to save money, but don't want tax on any interest earned. But, this type of investment comes with its own set of disadvantages.

You may lose all your accumulated savings if you take too much out of your IRA. The IRS may prevent you from taking out your IRA funds until you reach 59 1/2. You will likely have to pay a penalty fee if you withdraw funds from an IRA.

Another problem is the cost of managing your IRA. Many banks charge between 0.5%-2.0% per year. Other providers charge monthly management costs ranging from $10-50.

If you prefer your money to be kept out of a bank, then you will need insurance. Many insurers require that you own at least one ounce of gold before you can make a claim. It is possible that you will be required to purchase insurance that covers losses of up to $500,000.

If you choose to go with a gold IRA, you'll need to determine how much gold you want to use. Some providers limit how many ounces you can keep. Others let you choose your weight.

Also, you will need to decide if you want to buy physical gold futures contracts or physical gold. Physical gold is more expensive than gold futures contracts. However, futures contracts give you flexibility when buying gold. Futures contracts allow you to create a contract with a specified expiration date.

You will also have to decide which type of insurance coverage is best for you. The standard policy doesn’t provide theft protection or loss due fire, flood, or earthquake. However, it does cover damage caused by natural disasters. You may consider adding additional coverage if you live in an area at high risk.

Insurance is not enough. You also need to think about the cost of gold storage. Insurance won't cover storage costs. Safekeeping costs can be as high as $25-40 per month at most banks.

If you decide to open a gold IRA, you must first contact a qualified custodian. A custodian maintains track of all your investments and ensures you are in compliance with federal regulations. Custodians cannot sell your assets. They must instead keep them for as long as you ask.

Once you've chosen the best type of IRA for you, you need to fill in paperwork describing your goals. The plan should contain information about the types of investments you wish to make such as stocks, bonds or mutual funds. Also, you should specify how much each month you plan to invest.

After completing the forms, send them along with a check or a small deposit to your chosen provider. The company will then review your application and mail you a letter of confirmation.

Consider consulting a financial advisor when opening a golden IRA. A financial planner is an expert in investing and can help you choose the right type of IRA for you. They can also help you lower your expenses by finding cheaper alternatives to purchasing insurance.


  • This is a 15% margin that has shown no stable direction of growth but fluctuates seemingly at random. (smartasset.com)
  • The price of gold jumped 131 percent from late 2007 to September 2011, when it hit a high of $1,921 an ounce, according to the World Gold Council. (aarp.org)
  • If you take distributions before hitting 59.5, you'll owe a 10% penalty on the amount withdrawn. (lendedu.com)
  • (Basically, if your GDP grows by 2%, you need miners to dig 2% more gold out of the ground every year to keep prices steady.) (smartasset.com)
  • Instead, the economy improved, stocks rebounded, and gold plunged, losing 28 percent of its value in 2013. (aarp.org)

External Links





How To

Investing in gold vs. investing in stocks

Investing in gold as an investment vehicle might seem like a very risky proposition these days. This is because most people believe that it is no longer economically profitable to invest gold. This belief is based on the fact that gold prices are being driven down by global economic conditions. They fear that investing in gold will result in a loss of money. However, investing in gold can still provide significant benefits. Below are some of them.

One of the oldest forms known of currency is gold. There are thousands of records that show gold was used over the years. People around the world have used it as a store of value. It is still used as a payment method by South Africa and other countries.

The first point to consider when deciding whether or not you should invest in gold is what price you want to pay per gram. When looking into buying gold bullion, you must decide how much you are willing to spend per gram. If you don’t know what the current market price is, you can always call a local jewelry store and ask them their opinion.

It's also important to note that, although gold prices are down in recent months, the costs of producing it have risen. So while the price of gold has declined, production costs haven't changed.

Another thing to remember when thinking about whether or not you should buy gold is the amount of gold you plan on purchasing. For example, if you only intend to purchase enough to cover your wedding rings, it probably makes sense to hold off on buying any gold. If you plan to do so as long-term investments, it is worth looking into. If you sell your gold for more than you paid, you can make a profit.

We hope our article has given you a better understanding of gold as an investment tool. We recommend that you investigate all options before making any major decisions. Only then will you be able to make an informed decision.


Based on [POSTTITLE]



Recent Posts
Latest Featured Posts
Latest News Posts