Introduction to Rare Coins
Rare coins have fascinated collectors for centuries. Beyond their face value, these pieces of history tell stories of early minting, economic changes, and even government controversy. Their rarity and condition often push values into the millions, making them some of the most sought-after collectibles in the world.
Iconic Examples
One of the most legendary coins is the 1794 Flowing Hair Silver Dollar. Believed to be among the very first silver dollars struck by the U.S. Mint, a specimen sold for over $10 million, setting a record as one of the most expensive coins ever auctioned.
1794 Flowing Hair Silver Dollar
Another standout is the 1933 Saint-Gaudens Double Eagle. This $20 gold coin was recalled during the Great Depression and declared illegal to own. A small handful survived, and one piece sold in 2021 for more than $18 million, underscoring its unique place in American numismatic history.
1933 Saint-Gaudens Double Eagle
More Notable Rarities
Several other coins have cemented their status as numismatic treasures:
- 1913 Liberty Head Nickel– Only five known exist; one has sold for over $4 million.
1913 Liberty Head Nickel
- 1804 Draped Bust Dollar– Often called the “King of American Coins”, it remains highly prized by collectors.
1804 Draped Bust Dollar
- 1943 Copper Penny– Accidentally struck during World War II, these pennies have fetched between $240,000 and $336,000 at auction.
1943 Copper Penny
- Even pocket change can hold surprises. Coins like the 1972 Doubled Die Lincoln Cent, with its visibly doubled date and lettering, can sell for hundreds or even thousands depending on condition.
1972 Doubled Die Lincoln Cent
What Drives Their Value
The value of rare coins typically comes down to two main factors:
- Scarcity– How many pieces exist (or survived).
- Condition– Coins in pristine, uncirculated condition command far higher prices than worn pieces.
Historical significance, minting errors, and collector demand also play major roles in determining final values.
Whether you’re a seasoned numismatist or just starting to check your pocket change, rare coins remind us that history can live in the palm of your hand— sometimes worth millions.
Get Expert Help from PGS Gold & Coin
At PGS Gold & Coin, we’ve helped thousands of collectors and investors understand the hidden potential in their collections. We offer free in-store evaluations to help you understand the value of your coin – before you commit to the time and cost of professional certification.
If you want to better understand the value of your coins, PGS Gold & Coin offers free in-store evaluations — allowing you to learn the worth of your items before pursuing professional certification.
Why Choose PGS Gold & Coin?
- Trusted by families across Chicago and surrounding suburbs since 2008
- Certified, knowledgeable appraisers with expertise in coins and precious metals
- Transparent pricing with no hidden fees
- Multiple convenient locations and a discreet, welcoming environment
- Optional on-site estate consultations for large or complex collections
For over 17 years, PGS Gold & Coin has provided professional, friendly service to thousands of satisfied customers.
📍 Visit a nearby location or get started online at staging.pgsgoldandcoin.com