4 of the World’s Top Collectible Coins
If you are a coin collector, then knowing the history behind valuable coins is a snapshot of time itself and that’s why you will want to learn more about the top collectible coins. Whether the coin is valuable because of the time period in which it was set, or because an error was made in stamping the coin, each collector’s piece is as individual as the story behind that coin. There are some coins that are so rare, and so valuable, that you’ll be among a privileged few if you see it within your lifetime.
American Double Gold Eagle
Our first top collectible coin is made out of gold in the United States. It dates back to 1907 and was produced until 1933. However, the 1933 coins were not released into circulation. The Great Depression saw bank runs and people began to hoard gold. Franklin Roosevelt removed America from the gold standard. No more gold coins would be issued and the ones owned had to be turned in and were melted down. Somehow, a small number of 1933 coins escaped the new laws and were tucked away. Once they become collectibles, the law no longer applied to those coins.
In theory, the only two American Gold Eagles in existence should be two that were donated to the Smithsonian for the U.S. National Numismatic Collection. However, there are more than two in existence and it is suspected that a Mint cashier smuggled out around 20 of the 1933 coins. In 2002, an anonymous buyer purchased one of these coins for $7.59 million.
Flowing Hair Dollar
This was the first dollar coin ever to be issued by the United States government. It has mint dates of 1794 and 1795. The 1974 dollar is made of silver and has long been sought after as a rare collector’s coin. It is estimated to be worth $7.85 million.
Edward III Double Florin
This medieval coin is one of the rarest coins in the world and is our third top collectible coin. It sold for $6.8 million at the Spink auction house. It dates back to 1443 A.D. The coin came into being because British Parliament had beseeched Edward III for a gold coin to use in international trade as gold was valued in many cultures.
1913 Liberty Head V Nickel
This coin has been valued as high as $4.5 million. It is estimated that there are only five 1913 Liberty Head V nickels in existence today. Some people believe there could possibly be a sixth specimen of the coin that was lost in an accident. Whether there truly is a sixth coin or not is pure speculation based on the fact that the case that held the Liberty Head nickels had an empty sixth slot.
The nickel was originally minted from 1883 to 1913. The mint forgot to put the word “Cents” on the nickels and some scammers tried to pass them off as $5 coins. Collectors knew it was just a matter of time until the coins were recalled by the mint. It was in 1913 that only five coins (or possibly six) were made. No one is quite sure why only five were minted or how they made their way into the hands of the general public, but those five 1913 Liberty Head nickels are worth millions each.
Concluding the world’s top collectible coins
Those fortunate enough to own one of these rare collectible coins can take pride in knowing that they own a little circle of history. Coins often have a story behind them that is just as interesting as the rarity of the coin itself and would make a fine addition to the collection of the luxury living aficionado.