“Coin collectors who invest through sites such as US Gold Bureau know that a coin’s value is not just dependent upon its face value – the amount printed on the coin – there are numerous other factors that come into play. Some of these are the amount of precious metal in the coin, its date, its rarity and a host of other aspects that matter to collectors. What many U.S. Gold Bureau collectors really love, though, is learning about the most valuable coins in history. This is our focus today, in particular, coins minted in the US.
Those at U.S. Gold Bureau who have an affinity for silver coins most likely know that the Silver Dollar from 1804 is extremely rare. Fewer than 20 of these coins are known to exist today and those in good condition feature a gorgeous design that is a delight for those who love American coin designs. While it is almost certain no one at a site like US Gold Bureau will ever come across one themselves, if they did it would be worth a shocking $10 million.
Next, we move forward in time to 1913 and the Liberty Head nickel produced this year. Or was it? The story many collectors who come to United States Gold Bureau love is that this coin was never minted, at least according to official records. Instead, the Indian Head Buffalo nickel was chosen to be minted in 1913. It was, but in 1920 a total of five 1913 Liberty Head nickels were discovered. No one knows how this nickel came to be made, but it is thought that if a perfect one was found today it would be worth twice as much as the 1804 Silver Dollar: $20 million.
The most famous and well known to collectors who come to United States Gold Bureau is the 1933 Double Eagle. President Theodore Roosevelt had requested that this $20 coin bear a design done by Saint Guardena in 1907. In 1933, a Presidential Order was given to confiscate gold held by private citizens, but this order came after the latest batch of Double Eagle coins had already been produced. Those coins were melted down except for two – or so it was believed. In actuality, George McCann, an employee at the Mint, made off with 10 of 1933 Double Eagles. It took the Secret Service years, but they recovered 9 of the coins. The remaining coin made its way to Egypt when it was exported to King Farouk thanks to Treasury Department oversight.
In 1996, the coin came back to the US in the collection of Stephen Fenton, but the US government seized it. They stored it at the World Trade Center, only moving it weeks prior to September 11th, 2001. Finally, the coin was auctioned in July of 2002 and sold for $6.6 million. This story is why the 1933 Double Eagle is considered to be the most fascinating coin in US history.”
Marvin Cantoff is a journalist for collector publications and an advocate of sources of coins like US Gold Bureau. When not busy writing, he enjoys Chinese food and late night TV.