The 1933 Saint-Gaudens Double Eagle: A $7.59 Million Coin with a Fascinating History

Coins have long fascinated collectors and historians alike, not only for their beauty but also for their historical significance and incredible value. In the world of numismatics, certain coins have become legendary due to their rarity and unique characteristics. This article dives into some of the most valuable coins ever sold, including a Bicentennial quarter worth nearly $999,000 and several others worth over $88 million combined.

Bicentennial Quarter: A Rare Find

The United States Mint issued the Bicentennial quarter in 1976 to celebrate the 200th anniversary of American independence. Unlike the standard Washington quarters, this coin features a distinctive reverse design by Jack L. Ahr. The design includes a colonial drummer boy and a victory torch, symbolizing freedom and the original thirteen colonies.

Though most Bicentennial quarters are common, those with minting errors can be incredibly valuable. For instance, some quarters have a noticeable doubling of the date “1776-1976” and the word “LIBERTY” due to a minting error. One such rare quarter recently fetched nearly $999,000 due to its excellent condition and historical importance.

1794 Flowing Hair Silver Dollar: America’s First Silver Dollar

The 1794 Flowing Hair Silver Dollar is notable as the first silver dollar minted by the United States. Designed by Robert Scot, it features Lady Liberty’s flowing hair on the obverse and an eagle encircled by a wreath on the reverse.

With only 1,758 of these coins originally minted and fewer than 150 still in existence, this coin is incredibly rare. In 2013, a well-preserved example sold for over $10 million, setting a record. Its value is attributed to both its rarity and its significance in the early days of the U.S. monetary system.

1933 Saint-Gaudens Double Eagle: A Legendary Gold Coin

The 1933 Saint-Gaudens Double Eagle is a $20 gold coin designed by Augustus Saint-Gaudens. The obverse features Lady Liberty striding forward with a torch and olive branch, while the reverse displays a soaring eagle.

Most 1933 Double Eagles were melted down after President Franklin D. Roosevelt’s gold recall, making the surviving coins extremely valuable. One sold for $7.59 million in 2002, making it one of the most expensive coins ever sold. The coin’s beauty, rarity, and the legal battles over its ownership add to its allure.

1913 Liberty Head Nickel: A Coin of Mystery

The 1913 Liberty Head Nickel is surrounded by mystery and legend. Never officially authorized for production, only five examples are known to exist. These coins feature the Liberty Head design and the Roman numeral “V” for five cents but were replaced by the Buffalo Nickel in 1913.

In 2010, one of these nickels sold for $3.7 million. The rarity and intrigue surrounding these coins make them highly sought after, with each nickel’s history adding to its value.

1804 Silver Dollar: The “King of American Coins”

The 1804 Silver Dollar is known as the “King of American Coins” and is legendary among collectors. Although dated 1804, these coins were actually minted in the 1830s as diplomatic gifts. Only fifteen examples are known, with the most valuable being the Class I coins, struck for foreign dignitaries.

One Class I 1804 Silver Dollar sold for $4.14 million in 1999. Its rarity, diplomatic history, and unique production story contribute to its high value.

1943 Bronze Lincoln Cent: A Wartime Error

The 1943 Bronze Lincoln Cent is one of the most famous error coins in U.S. history. During World War II, the U.S. Mint switched to zinc-coated steel for pennies to save copper for the war effort. However, some bronze planchets from 1942 were mistakenly used, resulting in a few 1943 bronze pennies.

These rare error coins can fetch millions, with one selling for $1.7 million in 2010. Their value comes from their rarity and the historical context of wartime production challenges.

Coin Comparison Table

CoinMintageKey FeaturesEstimated Value
Bicentennial QuarterCommon, with errorsMinting error, pristine conditionNearly $999,000
1794 Flowing Hair Silver Dollar1,758 mintedFirst U.S. silver dollarOver $10 million
1933 Saint-Gaudens Double EagleVery few survivedGold recall, rare survival$7.59 million
1913 Liberty Head Nickel5 specimensUnauthorized production$3.7 million
1804 Silver Dollar15 knownDiplomatic gifts, extreme rarity$4.14 million
1943 Bronze Lincoln CentFew error coins existWartime production error$1.7 million

Summary

These remarkable coins each tell a unique story, whether through their historical context, minting errors, or the legends surrounding them. Collectively, their value exceeds $88 million, highlighting the incredible wealth and historical significance embedded in numismatic treasures. Collectors and enthusiasts continue to treasure these coins for their beauty, rarity, and the rich history they represent.

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FAQ’s

What makes the Bicentennial Quarter so valuable?

The Bicentennial Quarter is valuable due to rare minting errors, such as doubled dates and inscriptions. A pristine example of this coin can be worth nearly $999,000 because of its unique features and historical significance.

Why is the 1933 Saint-Gaudens Double Eagle so expensive?

The 1933 Saint-Gaudens Double Eagle is extremely valuable because most of these coins were melted down following a gold recall. The surviving specimens are rare and highly sought after, with one selling for $7.59 million.

What is special about the 1913 Liberty Head Nickel?

The 1913 Liberty Head Nickel is unique because it was never officially authorized for production. Only five known examples exist, making it one of the most mysterious and valuable coins, with one selling for $3.7 million.

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