Rare coins have always pushed collectors, not only because of their historical and cultural importance but also because they carry an enormous value. Amongst the rarest coins, some of them are so coveted by coin collectors that long after their hunting some created history. Let’s glance through some of the most exclusive pieces where each one is priced over six figures.
1970 S Small Date Lincoln Cent
Let’s first talk about the 1970 S Small Date Lincoln Cent. The coin is not very unique in view, yet its value is $35,000. That is because of its “small date” variety. That design change makes it significantly more valuable in comparison to the more common “large date” edition; that is why it is a dream for any collector who takes his or her business seriously. This coin exemplifies just how dramatically small design modification can affect a coin collection.
1909-S VDB Lincoln Cent
On its part, the 1909-S VDB Lincoln Cent is another example of a rare coin that has a niche for itself in the worlds of rare coins. It is one of the San Francisco-made coins in 1909 with the signature of its designer, Victor David Brenner (VDB), on the reverse side. Due to the limited number of these coins, the value is rated at about $50,000. Its rarity and historical importance will thus make it a treasure for any collector.
1913 Liberty Head Nickel
Now enter the multi-million dollar coin world. The 1913 Liberty Head nickel probably is the most sought-after coin in the world today. Only five exist, making this coin almost legendary in the world of the coin collector. In 2013, one of the nickels produced such a stir when it was sold at auction that it broke a record with a sum of $3.7 million. The demand value for these nickels keeps growing as they exist in a small number.
1804 Silver Dollar
Arguably the king of rare coins, the 1804 silver dollar is a wonderful treasure. Although the year 1804 is marked on this coin, these dollars were actually minted in the 1830s as diplomatic gifts. Only 15 coins are known to exist, making them extremely rare. For instance, there is one coin that was sold for the astonishing $10 million in 1999. Whoever owns this coin has part of the American diplomatic history in his hands.
Value of Rare Coins
Why cost such a huge amount of money these coins? There are lots of reasons for this: the coin is rare, has historical value, and there is a demand for it. The rarer the coin, the more collectors are likely to attain it, so the more expensive it gets. Not only this, however-for this kind of commodity, there’s also historic consideration: coins from big events or associated with a distinguished personality can be worth much more.
For instance, the 1804 silver dollar: a piece of American diplomacy in the 19th century. That’s what makes it not just a coin but part of history. And also the 1909-S VDB Lincoln cent, which is considered one of the most critical pieces, as it holds in it the milestone of being the first U.S. President honored in it and changed the course of American coin design.
| Coin Name | Value | Notable Feature | Rarity |
|---|---|---|---|
| 1970 S Small Date Lincoln Cent | $35,000 | Small Date variety | Rare |
| 1909-S VDB Lincoln Cent | $50,000 | VDB initials on reverse | Limited mintage |
| 1913 Liberty Head Nickel | $3.7 million | Only five known to exist | Extremely rare |
| 1804 Silver Dollar | $10 million | Minted as diplomatic gifts | 15 known to exist |
Collecting rare coins is not only a hobby, but also a sort of investment. Coins, especially those that are in superb condition, increase in value over time. Coin collecting is an exciting hobby and one that can be profitable as well.
These are the ultimate ranges of coins to collect. Besides the rare coins, so many other coins have invaluable values to them. Surprise collectors sometimes with huge prices. From pennies, nickels to silver dollars, it is a whole world of rare coins that offer endless possibilities for discovery and investment.
Chances are you have a small fortune in your hands were you lucky enough to dig up one of these treasures. Rare coins not only give a glimpse of history but also create an opportunity to heap up money into your account for an accomplished collector or a curious novice.