Money is a means that we use to quantify the charge of some factor. Every coin has a face fee through which the system of trade initiates. However, there are few coins gradually transform into extensively valuable than their face fees. As the coins reduce in numbers and grow in years, the values of these coins elevate. Here are five of the most treasured coins.
Coin 1: The Flowing Hair Silver/Copper Dollar 1794/5
The market value of this coin is $10 million. The funny part is every 1 dollars’ worth is valued to be ten million; in other words, having a single coin in your pocket can make you a millionaire. For your surprise, there is just one coin which had achieved such a hike in its valuation. The reason behind valuating a dollar to the range of million is, this coin is the first circulation of currency coin by the United State Federal Government. The coin dates back to 1974. The metal rate of silver is 90%, and 10% is copper. This coin depicts the solemnness of liberty with her flowing hair. One such coin was sold in 2013 January for $10 million.
Coin 2: The Double Eagle 1993
The face value of the coin is $7.6 million. The making of this coin has a story by itself. This coin became famous though it was not circulated. The double eagle coins were printed in 1993. President Franklin D. Roosevelt banned the owning gold in 1993 to bring the banking crisis of the nation to an end. As an impact of the same decision, this coin did not get circulated. Despite facing a seize over the circulation, twenty of these coins slipped into the market and are now in the second most expensive list.
Coin 3: The Saint-Gaudens Double Eagle 1907
This coin values around $7.6 million which is equal to the double eagle coin. The coin was designed by Augustus Saint-Gaudens. Because of its complex design, the minting of this coin was not entertained by the United States. In order to reduce the complexity of the coin design, the Mint’s chief engraver, Charles Barber came up with an idea of removing the phrase “In God We Trust” from the coin.
Coin 4: The Brasher Doubloon 1787
This coin has a face value of $7.4 million. This coin was minted to personify the glory of New York City. The coins were initially minted in silver, but later the coins were banned, and the Mint began in bronze. The designer also made a few of 22-carat gold which is now heavenly pricy.
Coin 5: Edward III Florin 1343
The face value of this coin is now $6.8 million. The coin has just one specialty, and that is the age of the coin. The coinages 670 years and is a great survivor in the world of coins. There are only three coins existing in the world and are valued millions and are treasured.