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What Makes The Top 10 Coins
Valuable
by
D. L. Crane
The top 10 most valuable coins are indeed
treasures. There are many reasons for this.
Countless people find the rare ones appealing
and great as an investment. The rarer and more
expensive the coins are, the more speculation
and the more interest they gain.
For years now we have witnessed the rise in
value of these coins from many thousands of
dollars in the past, to reaching into the
millions of dollars in the most recent times.
With the auction market growing, their prices
just keep escalating. People will compete for
their treasure until they are the proud owner.
Below is a list of the most expensive coins just
to show what the prices of the top 10 most
valuable with some interesting facts about each.
·
1933
$20 Double
Eagle: Gem Brilliant Uncirculated; sold for
$7,590,020 in July 2002
The 1933 gold double eagle was never
officially released into circulation due to
changes made to the currency laws during the
Great Depression. President Franklin Roosevelt
wanted to end the run on the banks and stabilize
the economy, so he took America off the gold
standard. People had to give them up, and there
would be no more gold coins minted at that time.
·
1913
Liberty
Head Nickel: PCGS Proof 66; sold for $4,150,000
in June 2, 2005
This is the second highest price ever known paid
for any rare coin.
·
1804 Class I
Silver Dollar: PCGS Proof 68; sold for
$4,140,000 in August 1999
The "King of United States Coins" is worth a King's ransom. The
catalog described it as a "superb gem."
·
1787 Brasher
Doubloon, EB on Breast: NGC Extremely Fine 45;
sold for $2,990,000 in January 2005
Because Mr. Brasher was hoping to be granted a coinage
contract, the Brasher Doubloon carries the icon
relating to the State of New York. This is the
only piece to carry the distinguishing EB
characteristic on the eagle's breast. The icon
is centered and accurately struck. On their
surfaces they still have a great deal of the
brilliance of their proof, which is principally
obvious within the inscription. The uncommonness
of this cherished, matchless historic coin, is
still timeless and has been since the original
days of coin collecting in the United States.
·
MCMVII (1907)
Ultra High-Relief, Lettered-Edge $20
Double
Eagle: PCGS Proof-69; sold for $2,990,000 in
November 2005
This out of this world coin is a dream for a numismatist, and
is in a class by itself.
·
1787 Brasher
Doubloon, EB on Wing: NGC About Uncirculated 55;
sold for $2,415,000 in January 2005
Contursi, a partner in the purchase said, "I feel this is the
most significant U.S. gold coin there is. It
transcends numismatics. It’s the first real U.S.
gold coin. While the Lima Style doubloon was
counterstamped a year earlier, in 1786, this
(the 1787 New York Style doubloon) is the first
gold coin to appear with U.S. legends and
icons."
·
1927-D $20
Double Eagle: PCGS Mint-State 67; sold for
$1,897,500 in November 2005
The 1927-D Double Eagle that is graded by PCGS
MS-67 is the one that is the most excellent.
·
1907 Ultra
High-Relief, Lettered-Edge $20 Double Eagle:
PCGS Proof 68; sold for $1,840,000 in January
2007
The 1907 Ultra-High Relief Double Eagle is in
reality a Pattern issue, resulting in one of the
most rare and valuable of all U.S. coins. The
significance and fame of the 1907 Ultra-High
Relief is undeniable.
·
1804 Class I
Silver Dollar: PCGS Proof 64; sold for
$1,840,000 in October 2000
Planned for foreign dignitaries Class I were legally struck in
proof format at the U.S. Mint. Eventually
collectors and businesses began acquiring them
and thus gaining a little piece of numismatic
history.
·
1804 Class I
Silver Dollar: Proof 63; sold for $1,815,000 in
April 1997
For the last century and a half, Class I 1804
silver dollars have repeatedly set coin auction
records.
The bottom line is the coin collector has the
opportunity to own a piece of history and have
an investment at the same time. With the love of
these rare and beautiful treasures here to stay,
their worth continues to increase the value of
your investment.
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www.BestCoin.Com for a Free Coin Guide and
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