Which Coins Are The Most Valuable Today?
Which Coins Are The Most Valuable Today?
by
WongaNeil / Carter/ Contursi 1794 Flowing Hair Silver Dollar
The coin’s “pedigree” name comes from previous owners, Will W. Neil, who acquired it in 1947, Amon Carter Senior, a Fort Worth newspaper publisher and Steven Contursi, President of the California-based Rare Coin Wholesalers, who paid “millions of dollars” for the coin in 2003. Its 2010 sale to the Cardinal Collection Educational Foundation (CCEF) for $7,850,000 established a record as the world’s most valuable coin. Martin Logies, CCEF director, said, “CCEF will seek to be a worthy successor custodian for such an important U.S. historical treasure. I think it only fitting that the new world’s record coin price be accorded to the world’s finest 1794 dollar.” The obverse of the coin features the iconic, flowing-haired Miss Liberty, surrounded by 15 stars, with the word “Liberty” above and the 1794 date below. The words “United States of America” surround an eagle perched on an olive branch on the reverse. Various, renowned numismatic researchers believe it to be the first 1794 silver dollar struck.
1933 Gold Double Eagle
440,000 Double Eagle ($20) coins, designed by sculptor, Augustus Saint-Gaudens, were minted in 1933. However, incoming president, Franklin D. Roosevelt made it illegal for US citizens to own gold. The coins were never officially issued and were all melted down, except for 2 copies that were sent to the Smithsonian Institute. However, a few of them escaped, one being bought by King Farouk of Egypt in 1944. This coin came to auction in July 2002, fetching $7,590,020.
Edward III Double Leopard
England’s first large gold coin, the Edward III Double Leopard, sold in 2009 for a staggering 460,000 (US$841,800), making it the most expensive English coin ever. Only the 3rd specimen of its kind, it is the only one in a private collection, the other 2 residing in the British Museum. The obverse shows a full-length portrait of a crowned Edward III, with orb and sceptre, enthroned beneath a Gothic portico and flanked by a pair of crowned leopards. The reverse features a floriate cross with crowns at the points, within a quadrilobe with four leopards in the angles. Much of the coin’s value lies in the fact that it was only legal tender for 7 months, being replaced in July 1344 by the Gold Noble.
The 1895 Morgan Dollar
The proper term for this coin type, depicting Lady Liberty, is the “Liberty Head” dollar. The “Morgan Dollar” name came about from the design of the coin by George T. Morgan. The 1895 issue is known as the “King of the Morgan Dollars” due to its rarity and value, with high-quality specimens fetching in excess of $125,000 at auction. US Mint records indicate that 12,000 circulation Morgan Dollars were struck for 1895, along with 880 proofs. However, only 80 have been accounted for, all proofs. Opinion is divided amongst numismatic experts as to the fate of the remainder. A popular theory is that the coins were never minted at all, their existence the result of an accounting error, while others believe the coins were melted down.
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