Rare coin sales have set many records recently, including an amazing 17 different U.S. coins that each sold for over one million dollars in 2015! These “dream coins” or “trophy coins” include early copper cents, silver coins from dimes to dollars, and gold coins from quarter eagles to double eagles.
World record price over $10 million!
If you’re wondering which coin sold for the most money ever, it’s a historic 1794 Flowing Hair silver dollar that sold for over 10 million dollars in 2013! Graded Specimen-66 by PCGS, this is the finest known coin from the first year U.S. silver dollars were minted. Its amazing quality suggests it may have been the first silver dollar ever struck and was carefully preserved for posterity. A different 1794 Flowing Hair dollar sold in 2015 for nearly $5 million (visit our Learn Center for more about these early dollars).
A number of other records have been set in recent years for particular U.S. coin denominations and compositions:
New England Shilling sold at auction.
- Lest you think all records are being set by American coins, a rare Islamic Gold Dinar struck in 723, set the record for non-U.S. coins in 2011 with a price of more than 6 million dollars!
(LCC president David Sundman recently sold his own “dream coin” at auction – an extremely rare 1652 (undated) New England Shilling – along with 18 other scarce and rare Massachusetts Bay Colony coins (read this exciting story).
Coins to watch for in pocket change!
While these record-setting rarities are out of reach for most of us, several modern coins worth far more than face value can still be found in your pocket or purse, or in rolls from a bank. Keep an eye out for these scarce modern error coins:
- 2005-D “Speared Bison” Westward Journey Nickel with a vertical line extending from the bison’s back and stomach due to a die gouge. Certified Gem MS-66 examples sold for $517 at the January 2016 F.U.N. Show in Tampa and for $764 at the February 2016 Long Beach Expo!
- Statehood Quarter Errors are in strong demand, including the 2004-D Wisconsin issue with an “extra” high or low leaf on the ear of corn (value up to $300), the 2005 Minnesota issue with an “extra” tree (worth up to $200) and the 2005-P Kansas quarter with motto reading in god we rust due to a plugged “T” (value up to $100). See our Statehood quarter inventory.
Presidential dollar error, no edge lettering.
2007 Washington, Adams, Jefferson and Madison Presidential Dollars missing the edge inscriptions of the date, mint mark and mottoes e pluribus unum and in god we trust are sought-after issues worth up to hundreds of dollars depending on condition (Presidential dollars).
Record prices for major rarities and widespread interest in modern errors indicate that the coin market is strong and thriving. Such eye-opening prices also add lots of excitement to the collecting hobby!
Do you keep an eye on coin market news? Let us know if you’ve seen other scarce or rare coins sell for impressive prices!