World’s Most Expensive Coin: Have you ever been curious about what would happen if a rare coin in your collection could turn you into a millionaire?
Rare coins may not sound like a dream, but for some lucky collectors, rare coins have been proven to be worth millions. Modern dimes or old ones, they’re always worth checking your stash. You may have hidden fortunes lying all around you; who knows!
A recent TikTok user (@CoinCollectingWizard) with over 213,000 followers revealed some of the things that are known as the world’s most valuable coin. You might be lucky and have one of these unique coins in your collection.
The Story of the 1933 Gold Double Eagle
The 1933 Gold Double Eagle is an excellent and interesting historical coin. It seems it dates back to the 20th century, but it is still the most sought-after coin by collectors today.
At a time when the nation went through the Great Depression, 445,500 of these coins were minted. None of them had been officially circulated, however. In an effort to deal with the banking crisis, President Franklin D. Roosevelt controlled the issue of gold coin in America by the executive order halting production thereof. He made citizens give up their gold coins, even.
This means that almost all of the 1933 Gold Double Eagles were ordered to be melted down. But here’s the twist: A couple dozen of these coins were ‘stolen’ (some say purloined) by a Mint employee and eventually turned up in private collections. This sly deed made the coin one of the rarest and most valuable in the world.
Why does this coin stand out?
In a viral TikTok video, @CoinCollectingWizard explained:
“This coin is worth millions. You might imagine the most valuable coin in the world to be ancient, but it is from the 20th century.”
The coin, he added, was designed by and under the commission of President Theodore Roosevelt and sculpted by celebrated sculptor Augustus Saint Gaudens. Between 1907 and 1933, only a few Double Eagles were made.
This coin is rare because only 10 of these coins got out of the U.S. Mint. Instead, the rest never got into circulation, and the 1933 Gold Double Eagle is one of the rarest coins ever minted.
Have one of these coins?
If you have a 1933 Gold Double Eagle sitting in your pocket or somewhere in your coin collection, it’s definitely worth taking a closer look. The odds of you having a 1933 Gold Double Eagle in your possession are slim, but it’s still worth investigating. You never know what you might find hidden in plain sight, but rare coins can be really hard to find.
Other Notable Rare Coins in the News
It’s not the only coin to go for such a high price, though. A few months ago, a rare dime, worth $0.10 but had been locked away in a bank vault for decades, was sold at auction for $500,000!
This is a 1975 San Francisco mint coin featuring President Franklin D. Roosevelt. The one in mint condition, as is, that has no ‘S, is what makes it so unique, and it is usually much easier to find one with or without a mint mark. It is an incredibly rare find of only two such coins known to exist.
The Takeaway
Rare coins have immense historical value but unimaginable price tags. Examples of these, like the 1975 dime and the 1933 Gold Double Eagle, are proof enough that coin collecting does not belong in the hobby category but is an investment that might just change every family’s life.
There’s no time like the present if you have an old coin collection just lying around. You may only be sitting on millions worth of treasure!
FAQs
Q. What is the world’s most expensive coin?
A. The 1933 Gold Double Eagle is considered the world’s most expensive coin, worth millions of dollars due to its rarity and fascinating history.
Q. Why is the 1933 Gold Double Eagle so rare?
A. Nearly all of these coins were melted down following President Franklin D. Roosevelt’s executive order during the Great Depression. Only 10 coins are known to have escaped.
Q. Can I still find a 1933 Gold Double Eagle in my collection?
A. The chances are slim, but it’s worth checking your stash, as rare coins like this can turn up in unexpected places.
Q. What makes the 1975 Roosevelt dime special?
A. This dime lacks the usual “S” mint mark, and only two such coins are known to exist, making it highly valuable.
Q. How can I find out if my coins are valuable?
A. Consult a professional coin appraiser or numismatist to evaluate your collection and identify rare or valuable coins.
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