For coin collectors, finding a rare coin is an exciting and rewarding experience. Numismatics, the study of coins, is full of treasures that can fetch impressive amounts due to their rarity, historical significance, and condition.
In this article, we explore seven such coins that are particularly coveted in the world of coin collecting. Each of these coins can be worth over $1,200, making them highly sought after by serious collectors.
1849 Coronet Head Gold Double Eagle
The 1849 Coronet Head Gold Double Eagle is a standout in American numismatics. Minted during the California Gold Rush, this was one of the first $20 gold coins produced by the United States Mint.
Its rarity is due to its limited production, with only a few surviving specimens. Collectors highly value this coin for its historical importance and limited availability. In pristine condition, it can easily exceed $1,200, and some of the finest examples can sell for millions.
1916-D Mercury Dime
The 1916-D Mercury Dime is a rare find in the Mercury Dime series, with a mintage of just over 264,000. It is the lowest mintage of all Mercury Dimes, making it a favorite among collectors.
Its appeal lies in its combination of age, beauty, and scarcity. In uncirculated condition, this dime can command prices well above $1,200, with top-quality specimens reaching even higher values.
1937-D 3-Legged Buffalo Nickel
The 1937-D 3-Legged Buffalo Nickel is unique due to a mint error where the buffalo’s front leg was polished off the die. Despite its initial mintage of millions, the 3-legged variety is much rarer.
Collectors prize this coin for its distinctiveness and the story behind its creation. In good condition, it easily surpasses the $1,200 mark, especially if it retains sharp details and minimal wear.
1794 Flowing Hair Silver Dollar
The 1794 Flowing Hair Silver Dollar is a legendary coin, being among the first silver dollars minted by the United States. Its historical significance, combined with its age and rarity, makes it highly desirable.
With only a limited number minted and even fewer surviving in excellent condition, this coin can fetch astronomical prices, well over $1,200.
1893-S Morgan Silver Dollar
The 1893-S Morgan Silver Dollar is often considered the “king” of Morgan Dollars due to its low mintage of only 100,000 coins. Many of these coins were heavily circulated, leaving few in high grades.
For collectors, the 1893-S is a holy grail, and its value reflects its rarity. Even in lower grades, it can command prices above $1,200, with mint-condition examples being especially valuable.
1955 Double Die Lincoln Cent
The 1955 Double Die Lincoln Cent is famous for its minting error, which resulted in doubled inscriptions and dates. This error makes it a sought-after piece among collectors.
Although the total number minted is unknown, the coin’s rarity is clear. In high grades, it can easily exceed $1,200, with pristine examples being much more valuable.
2000-P Sacagawea Dollar “Cheerios”
The 2000-P Sacagawea Dollar, known as the “Cheerios” dollar, is a modern rarity. These coins were included in Cheerios cereal boxes as a promotional item and feature a distinctive tail feather detail.
Only 5,500 were distributed this way, making them a rare find. In mint condition, these coins can fetch well over $1,200, appealing to both modern coin collectors and those interested in unique promotional items.
The world of coin collecting offers a fascinating array of rare and valuable pieces, each with its own unique story. From the historical 1794 Flowing Hair Silver Dollar to the modern “Cheerios” Sacagawea Dollar, these coins represent more than just their monetary value.
They are artifacts of history, art, and culture. For collectors, finding these rare gems is not just a hobby but a passion, driven by the excitement of discovery and the appreciation of their intrinsic and historical significance.
What makes these coins so valuable?
These coins are valuable due to their rarity, historical significance, and condition. Limited mintage or minting errors can increase their worth.
How can I find out if my coin is worth over $1,200?
To determine if your coin is worth over $1,200, you can consult a professional coin appraiser or reference numismatic price guides.
Why is the 1849 Coronet Head Gold Double Eagle so rare?
The 1849 Coronet Head Gold Double Eagle is rare due to its limited production during the California Gold Rush and its historical importance.
What is a mint error coin?
A mint error coin is one that has mistakes made during the minting process, such as misalignment or missing features, which can make it more valuable.
Are modern coins like the 2000-P Sacagawea Dollar valuable?
Yes, modern coins like the 2000-P Sacagawea Dollar can be valuable, especially if they have unique features or were part of special promotions.
