Old Coin Collection
The possibility of discovering a valuable item in an obscure storage space like a dusty attic or dusty dresser drawer is the stuff of legends. Finding a rare coin that is worth a lot of money while digging through your coin collection is exciting, too. Even if you don’t have a huge collection of coins, there’s still a chance that you might stumble onto some cold hard cash that’s worth more than you could imagine.
You probably won’t find many of the coins on this list in your attic because of how rare they are, but that doesn’t mean they’re all extremely pricey. Some more recent examples (coins from the 20th century) may be rather inexpensive, and thus are more likely to be hidden away in a secure location or a private collection.
These Old coin collection for their popularity with collectors, and the advantages to increase in value over time. You can locate coins that are easy enough for a novice collector to purchase while still posing enough of a challenge for an experienced one.
1.1909-S V.D.B. Lincoln Cent
The Indian Head design on the one-cent piece was changed by an image of Abraham Lincoln to honor the 100th anniversary of the president’s birth in 1909. The coin’s popularity skyrocketed the moment it hit the market. However, Victor David Brenner placed his three initials near the bottom of the penny’s reverse.
The 1909-S VDB Lincoln Cent is one candidate for the title of “most popular U.S. currency,” according to some. Lincoln cents are among the first coins acquired by new collectors. Due to its rarity, the 1909-S VDB is considered by many to be the “Holy Grail” of Lincoln cents. The Lincoln cent is the last old coin collectors would ever buy because of its scarcity. This coin has remained a staple in the collections of serious United States coin collectors for decades.
2. 1787 Brasher Doubloone
In the late 18th century, Ephraim Brasher, a goldsmith, and silversmith from New York City, made the Brasher Doubloon. On one side of the coin, there is a state seal with a rising sun. On the other side, there is an American eagle with a shield. Even though the coin is already rare, different versions of it have sold for different amounts, depending on what makes them unique.
A version of the doubloon with Brasher’s initials, “EB,” on the breast sold for almost $7.4 million in 2011. Coin World says that in 2018, a private sale of another doubloon with EB on the bird’s wing sold for more than $5 million. In January 2021, a third auction sold another Brasher doubloon for $9.36 million. coins.
3.1878-CC Morgan Silver Dollar
In 1878, the Bland-Allison Act was passed by the U.S. Congress. This law said that the U.S. government had to buy a lot of silver and turn it into silver dollars. This design was first made by the engraver George T. Morgan for a half dollar. In the end, it was changed and put on the silver dollar starting in 1878. To meet the requirements of the Bland-Allison Act, the United States Mint made all of its money by making silver dollars.
Even though the 1878-CC Morgan silver dollar is not a key date and is not hard to find (about 2 million were made at the Carson City branch mint in Nevada), having one of the first old coins collections made at the Carson City mint gives a collection of coins a unique feel. Pieces that have already been used cost about what a old coin collector can afford. An intermediate collector can also afford to buy coins that have never been used.
4.1787 Fugio cent
The Fugio cent hasn’t broken as many records as the first two coins on this list, but it’s still a collectible that can be expensive and has an interesting history. The Fugio cent also called the Franklin cent after founding father Benjamin Franklin, may have been the first coin used in the newly formed United States.
In keeping with Franklin’s sense of humor, the coin shows a sun and a sundial with the Latin word “fugio,” which means “flying.” At the bottom of the coin, it says, “Mind your business,” which is a request for the person holding it to pay attention to their business. On the back of the coin, it says “We are one,” and 13 links in a chain represent the first 13 states.
5.1916-D Mercury Dime
In 1916, the Mercury dime was another coin that was part of the “American Renaissance of American Coinage.” People thought that the woman with wings on her head was the Roman god, Mercury, even though the coin’s official name is “Winged Liberty Head Dime.” There were only 264,000 of these coins made at the Denver mint in 1916. This made the coin very rare right away. Because of how popular the new design is, only intermediate and advanced collectors will be able to buy one of these coins for their collection.
6.1343 Edward III Florin
Another of the most expensive coins in the world is an oldie but a goodie. There are only three other gold coins like the Edward III Florin from 1343 that are known to exist. The British Museum in London has two examples. Both were found in the River Tyne in 1857. In 2006, a prospector using a metal detector found the third coin.
On the front of the coin, there are two leopards’ heads on either side of King Edward III sitting on his throne. On the back, there is the Royal Cross inside a quatrefoil. The coin is also called the Double Leopard because of how it looks.
The coin was found in 2006, and at auction, it was sold for 480,000 pounds, or about $850,000. This was a record price for a British coin at the time. The coin is now thought to be worth around $6.8 million
7.1913 Liberty Head V Nickel
Even though this coin isn’t as old as some of the others on this list, it is still one of the most valuable. It’s one of the rare coins you can find. The Liberty V Nickel was made by the U.S. Mint from 1883 to 1913, but only five are thought to have been made in the last year.
Since the year 2000, the coin has been auctioned off a few times, and each time it has sold for a lot of money. One version is said to have sold for $4.15 million in 2005 and $5 million in 2007. In 2010, a different piece sold for more than $3.7 million, and in 2018, another one sold for $4.56 million.If you can’t find enough nickels to buy one, you might be able to see one at the Smithsonian Institution or one of a few other museums.
Conclusion
Even though most of us won’t be able to buy one of these coins or be lucky enough to find one on a beach while using a device, we might be able to enjoy their uniqueness and learn about their history by seeing them in a museum collection. But to coin collectors and old coin buyers in india, each gold or silver coin has value because it is a small piece of history that we can hold in our hands and keep for the future. This is what gives coins their real worth
[…] Old coin collections are willing to pay top dollar for rare and old coins. The most valuable coins are typically those that were minted before 1800. These coins are often made of gold or silver and may be decorated with precious stones. […]