8 Rare Coins Worth Millions That Are Highly Coveted by Coin Collectors | CPT PPP Coverage
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8 Rare Coins Worth Millions That Are Highly Coveted by Coin Collectors appeared on finance.yahoo.com by Angela Mae.
The next time you decide to put all your spare change into the nearest Coinstar machine, take a moment to sift through it. You could be sitting on some extremely valuable coins that could help you build wealth and not even know it.
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Whether you’re a coin collector or simply wondering if you’re sitting on a small fortune, here are some highly coveted rare coins worth millions of dollars:
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Minted in 1794 and 1795, this rare coin is one of the most expensive coins in the world. It was originally based on the Spanish Dollar, as evidenced by its size and weight.
Currently, there are only about 150 to 200 of these coins left. Its original worth was $1, but it’s now valued at $7,750,000.
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Originally, there were about 445,500 of the Saint-Gaudens Double Eagle coins, though they never officially circulated. Now, only 13 known coins remain, one of which is privately owned.
The 1933 version of this coin is perhaps the rarest and most sought-after one of all. The only privately owned one is held by Stuart Weitzman. It was last valued at $7,500,000 compared to its original $20 value.
With only five known coins remaining, the Liberty Head V Nickel is both extremely rare and highly sought-after. These coins have changed hands several times and have been named for the coin collectors who acquired them. They’re known as the Norweb, Eliasberg, Walton, McDermott and Olsen pieces.
These coins don’t officially exist in the United States Mint, but that doesn’t keep them from being valuable. They’re valued at about $4,750,000.
Despite their name, these rare coins weren’t officially minted until 1834 or beyond. There are three distinct classes for this coin, each of which was constructed slightly differently.
For instance, Class I has lettered edges but doesn’t have a rust pit. Class II has plain edges, while Class III has both lettered edges and a rust pit. There are currently eight known Class Is, one Class II and six Class IIIs.
This particular rare coin is valued at $6,750,000.
These rare coins feature the initials “EB” on the breast of an eagle — for Ephraim Brasher. Only a handful remain today.
This coin initially cost $15. In 2011, one of these coins sold for $7.4 million. Another version of it sold for $2,415,000 in 2005.
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This article originally appeared on finance.yahoo.com by Angela Mae – sharing via newswires in the public domain, repeatedly. News articles have become eerily similar to manufacturer descriptions.
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