Coin collecting has always been a well-liked pastime, with collectors searching the globe for expensive and unusual coins to add to their collections. Rare dollar coins are among the most prized of all coin kinds and can sell for astronomically high sums at auction.
One of the most well-known and expensive rare dollar coins in existence is the 1933 Saint Gaudens Gold $20 Double Eagle.
This coin, created by renowned artist Augustus Saint-Gaudens, depicts Lady Liberty on the front holding a torch and olive branch, backed by the rays of the Sun and an eagle soaring on the reverse.
The majority of the double eagles from the 1920s were returned to the Mint and melted in the 1930s. Some, however, were saved unofficially by Treasury employees. Estimates of the amounts saved range from a few dozen to several hundred thousand depending on the date. This explains the high prices for coins that, based solely on their initial mintages, should be more common. However, the rarest among Saint Gauden’s $20 gold coins is from 1933 and was sold on Stack’s Browers Auction in July 2002 for more than 7 million dollars.
Another extremely rare and precious coin that is greatly sought after by collectors is the $5 capped bust gold half eagle from 1822. On the face of this coin is a picture of a woman wearing a cap, and on the back is an image of an eagle. Out of the 17,796 coins originally minted, only 3 are known to have survived as the majority were melted down because of the decrease in gold content in coins beginning in 1834.
The 1854-S Coronet Head Gold $5 Half Eagle is another collectible coin. On the front of this coin is a design of Lady Liberty wearing a coronet, and on the back is an eagle. It was designed by Christian Gobrecht and was minted at the San Francisco Mint in 1854. Only a small number of these coins were made – 268 to be exact and today only two of these are known to exist. Because of its scarcity, it can fetch very high prices at auction.
This particular coin features a depiction of Liberty’s head facing right on the obverse, adorned with a star and a ribbon that reads “Liberty.” On the reverse side, there is a bald eagle with a shield on its chest. Due to its rarity and historical significance, this coin is highly sought after by collectors and can fetch extremely high prices at auctions.
The 1804 $10 Gold Eagle coin was minted in two main versions. The first, known as the Crosslet “4” variety, was struck in 1804 and includes a crosslet on the right side of the “4” in the date. This is the more commonly found version. The second, known as the Plain “4” variety, lacks the crosslet on the right side of the “4” in the date and is exceptionally rare, being considered a restrike Proof coin.
The 1880 Coiled Hair Stella Gold $4 coin is a pattern coin produced by the United States in 1880. It was intended to be used as an international trade coin and was designed to be worth four dollars, which was the equivalent value of a gold British sovereign at the time.
The Stella coin was designed in two varieties, one with flowing hair (1879), designed by Charles E. Barber, and the other with coiled hair, designed by George T. Morgan. The coiled hair variety is a less common variety than the flowing hair, and it is considered a valuable and highly sought-after item among collectors. Only a small number of these coins were minted, making it a rarity.
The Smithsonian Institution’s National Numismatic Collection houses some of the finest Stella specimens. Others are in private collections and occasionally come up for auction.
Owning one of these rare dollar coins has deep historical meaning. Each coin has its own story and represents a significant moment in the history of the United States. These coins remind us of the country’s past, its achievements, and its struggles.
Collectors often appreciate the beauty and craftsmanship that went into these coins, making them not only valuable but also works of art.
However, it’s important to note that the world of rare coin collecting can be complex and requires a great deal of knowledge and research. Therefore, before making any purchases, it is important to consult with experts like those at Nationwide Coins to ensure your purchase.