Throughout the history of mankind, precious metals have always been used for coinage, because they have a constantly high value, a great aesthetics appeal and the appropriate amount of resistance to wear and tear.Nowadays, coins are considered to be one of the best purchases you can make, whether you're trying to get a present for a collector or just an investment for your portfolio.The most expensive collectible coin is the 1794 Flowing Hair Dollar, being able to reach more than 7 million dollar per piece.This is a silver dollar coin that was issued by the U.S.Government during the second year of the United States Mint's operation.It represents Lady Liberty with free flowing hair on the obverse and a bald eagle on the reverse.Next in line is the 1933 Double Golden Eagle.This coin was struck during the time of President Roosevelt, who, after about a year, ordered all of them to be destroyed so that there would be no more gold coins in circulation.Only a few of them were preserved and this is the reason why they are so costly today.The 1804 Class I Silver Dollar is another very expensive coin, reaching up to 4 million dollars per piece.It is considered to be one of the rarest coins in the whole world, which has led to it being largely counterfeited.Going further, the Liberty Head Nickel is a five-cent piece minted in 1913 in the U.S.And was the first piece to ever command a price of one million dollars.Another highly priced piece is the Brasher Doubloon EB on Breast, minted privately around the year 1787 by Ephraim Brasher, who was a goldsmith.In order to complete our top 10, we should also mention the final five most expensive coins in the world.These are the 1907 Ultra High Relief (of which only 22 pieces are said to have ever existed), the 1787 Brasher Doubloon EB on Wing (less expensive than the "on Breast" version, but quite as important), the 1804 Class III Silver Dollar, the 1927-S Saint-Gaudens Double Eagle and the 1894-S Barber Dime, of which only 10 are known today.
Thursday, September 20, 2012
Top 10 World's Most Expensive Coins
Throughout the history of mankind, precious metals have always been used for coinage, because they have a constantly high value, a great aesthetics appeal and the appropriate amount of resistance to wear and tear.Nowadays, coins are considered to be one of the best purchases you can make, whether you're trying to get a present for a collector or just an investment for your portfolio.The most expensive collectible coin is the 1794 Flowing Hair Dollar, being able to reach more than 7 million dollar per piece.This is a silver dollar coin that was issued by the U.S.Government during the second year of the United States Mint's operation.It represents Lady Liberty with free flowing hair on the obverse and a bald eagle on the reverse.Next in line is the 1933 Double Golden Eagle.This coin was struck during the time of President Roosevelt, who, after about a year, ordered all of them to be destroyed so that there would be no more gold coins in circulation.Only a few of them were preserved and this is the reason why they are so costly today.The 1804 Class I Silver Dollar is another very expensive coin, reaching up to 4 million dollars per piece.It is considered to be one of the rarest coins in the whole world, which has led to it being largely counterfeited.Going further, the Liberty Head Nickel is a five-cent piece minted in 1913 in the U.S.And was the first piece to ever command a price of one million dollars.Another highly priced piece is the Brasher Doubloon EB on Breast, minted privately around the year 1787 by Ephraim Brasher, who was a goldsmith.In order to complete our top 10, we should also mention the final five most expensive coins in the world.These are the 1907 Ultra High Relief (of which only 22 pieces are said to have ever existed), the 1787 Brasher Doubloon EB on Wing (less expensive than the "on Breast" version, but quite as important), the 1804 Class III Silver Dollar, the 1927-S Saint-Gaudens Double Eagle and the 1894-S Barber Dime, of which only 10 are known today.
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