4 Hard-To-Find Coins Worth Thousands to Collectors
Most coins are worth their face value, but others are different story. Coin collectors seek rare currencies often valued at a small fortune or greater.
Both an investment piece and an incredible find, these coins aren't to be spent. Here's a look at eight coins worth thousands that collectors are vying to get their hands on.
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1933 Saint-Gaudens Double Eagle
"This iconic coin set a world record when it sold for $18.9 million at auction in 2021, and its value has likely appreciated since," said Ailie F. Byers, MPA, chief financial officer at Centennial Auctions. "Although 445,500 Double Eagles were minted in 1933, none were officially released into circulation, and nearly all were ordered to be melted down."
She said only 13 specimens of this coin are known to exist.
"Just one is legally held in a private collection, making it one of the rarest and most coveted coins in the world," she said. "The remaining examples are in the possession of the U.S. government."
1895 Morgan Dollar
"Often referred to as the 'King of the Morgans,' the 1895 Morgan Dollar is a proof coin with an incredibly low mintage of just 880," she said.
It's one of the most sought-after coins in the Morgan dollar series.
"These coins have not sold publicly for less than $38,000 in recent years, with some specimens fetching over $100,000 at auction," she said.
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1909-S VDB Lincoln Cent
"This penny is famous for the initials of its designer, Victor David Brenner, which were controversially placed on the reverse," Byers said. "Only 484,000 were minted in San Francisco, making it the lowest mintage of any Lincoln cent."
When it comes to the value of this coin, she said color matters.
"The coin is categorized by color -- brown, red-brown and red, with red being the most sought after," she explained. "A low-grade brown 1909-S VDB might sell for around $800, while a high-grade MS65 in red can reach $8,000."
1787 Fugio Cent
"One of the earliest, if not the earliest, coins issued by the U.S., the 1787 Fugio Cent is steeped in history," Byers said. "Although records are sparse, this copper coin is widely regarded as the beginning of American coinage."
She said the front of the coin features the slogan "Mind Your Business," while "We Are One" is emblazoned on the back surrounded by 13 linked rings representing the original colonies.
"Some historians believe Benjamin Franklin designed the coin," she said. "Auction prices vary widely, with lower-quality examples selling for around $200, while rare, high-grade specimens like an MS-64 with raised rims -- Cross After Date -- have sold for as much as $92,500."
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This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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