Money depicts value. A coin or a note typically has a value displayed on it. But some coins are super valuable. It is usually because they are old or rare. They may also be a part of a limited collection from an epoch in history. Hence, the coin becomes highly valued and collectors pay huge sums to own them. Here are some coins that fetched huge sums at auctions.
1. The Flowing Hair Silver/ Copper Dollar of 1794/5 – $10 million
This is the only dollar in the world that is worth $10 million. This coin can be traced to 1974/1975, and it is made of 10 percent silver and 90 percent copper. The coin was first issued when the Federal Mint was founded. It is known for displaying an image of Liberty and her flowing tresses.
2. The Double Eagle of 1933 – $7.6 Million
This is a gold coin that was pressed in 1933. But it was never released because President Franklin D. Roosevelt had banned Americans from owning gold in 1933. Although the coin wasn’t officially released, twenty of them got out and have become valuable.
3. The Saint-Gaudens Double Eagle of 1907 – $7.6 Million
This coin was also auctioned for $7.6 million. It was designed by Augustus Saint-Gaudens. However, because the pioneering design was too complicated, United States Mint’s chief engraver, Charles Barber, made some modifications. Only a limited number of these coins were made and that’s how they became valuable and rare.