7 Ultra-Rare Coins Valued at $10 Million – A Treasure for Collectors

Numismatics, or coin collecting, is a highly interesting hobby that has been thrilling enthusiasts for hundreds of years. While most coins are valued because of their history, some have extraordinary rarity and monetary value. Below, we explore seven ultra-rare coins, collectively worth over $10 million, considered treasures for collectors around the world.

1. 1794 Flowing Hair Silver Dollar

The 1794 Flowing Hair Silver Dollar is a piece of American history, and many consider it to be the first silver dollar produced by the United States. Only 1,758 were ever minted, and less than 150 are known to exist today. A pristine example sold at auction for $10 million in 2013. The value lies in its historical significance, its rarity, and the fact that it is an extremely well-preserved coin.

2. 1933 Saint-Gaudens Double Eagle

There is no one more famous to numismatists than the 1933 Saint-Gaudens Double Eagle. Although there were 445,500 made, none of them were issued due to U.S. monetary policy changes at the hands of President Franklin D. Roosevelt. Most were melted down, but a few have escaped. One of these was sold in 2002 for $7.59 million. Its unique history and rarity make it a gem people are looking to own.

3. 1907 Ultra High Relief Double Eagle

This $20 gold coin was a work of numismatic art, designed by Augustus Saint-Gaudens. The 1907 Ultra High Relief Double Eagle features such detail and a mintage of fewer than 20, making it a very valuable piece. A specimen in near-perfect condition sold for $2.99 million in 2005, putting it among the most sought-after coins in the world.

4. 1787 Brasher Doubloon

Made by Ephraim Brasher, a goldsmith and neighbor to George Washington, the 1787 Brasher Doubloon is considered one of the most famous early pieces of American coinage. There are only a few, and their history alone increases their value in multiples. In 2021, one sold for $9.36 million, establishing a new record for this coin type.

5. 1913 Liberty Head Nickel

The 1913 Liberty Head Nickel is shrouded in mystery. Only five specimens were ever minted, and none were authorized by the U.S. Mint. Discovered decades later, these coins are now among the rarest in the world. One of them sold for $4.56 million in 2018, highlighting its allure for collectors.

6. 1804 Draped Bust Silver Dollar

Known colloquially as the “King of American Coins,” the 1804 Draped Bust Silver Dollar is a numismatics wonder. The date notwithstanding, these coins were produced in the 1830s for presentation to dignitaries of foreign governments. Only 15 examples are known to exist and one sold for $4.14 million in 1999. Its value is high due to both its rarity and intriguing story.

7. 2007 Queen Elizabeth II Million Dollar Coin

Although most rare coins are centuries old, the 2007 Queen Elizabeth II Million Dollar Coin is a more recent wonder. Minted by the Royal Canadian Mint, this coin weighs 100 kilograms and is made of 99.999% pure gold. It was originally designed as a promotional item but gained status as a collector’s item due to its massive size and content of gold. With a face value of $1 million, its actual worth is much greater since it is a rare coin and made of intrinsic gold. One sold in 2010 for over $4 million.

What makes the coins so valuable?

Several reasons make the coins to be of astronomical value:

• Rarity: The fewer the coins in circulation, the more they are valued.
• Historical Importance: A coin that is known to have an important history or historical background carries a lot of value.
• Condition: Coins in near-mint condition will attract a higher price.
• Composition: Content in the coins in terms of the precious metals, like gold and silver, lends an intrinsic value to the coin.
• Provenance: Coins whose history has been traced or are associated with notable personalities attract higher money.

Conclusion

Rare coins represent a look into history, art, and economics. Among the seven ultra-rare coins is a value of over $10 million, making them the highest achievement in numismatics. For any collector, it would be a dream to have even one of these treasures as owning one of these coins represents both the thrill of history and the allure of an extraordinary value.

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