Dollar coins worth money

Dollar coins worth money DEFAULT

Sacagawea and Native American One Dollar Coin Values & Prices

The United States Mint first minted the Sacagawea dollar $1 coin in the year 2000. In 2008, the Native American $1 Coin Act dictated a design change that memorializes Native Americans and "the important contributions made by individual tribes and individual Native Americans to the development of the United States." Additionally, the act called for edge markings to include the year of minting, mint marks, and the motto E PLURIBUS UNUM to be incuse on the edge of the coin.

Glenna Goodacre's portrait of Native American Shoshone Sacagawea and her infant son, Jean Baptiste, was selected in a national competition for the obverse design of the coin. Thomas D. Rogers, Sr. designed the reverse of the coin featuring an American bald eagle soaring in flight.

The United States Mint paid Goodacre $5,000 for creating the winning design. The Mint struck 5,000 Sacajawea dollars to pay her. Several years after Mint Director Philip Dhiel delivered the coins to Goodacre, it was discovered that the coins were minted on specially prepared planchets and specially produced dies. These presentation pieces display a different appearance and it is fairly transparent when compared to a regular struck coin.

The coin is 26.5 millimeters in diameter, weighs 8.1 grams and is composed of a pure copper core with outer layers of magnesium brass (77 percent copper, 12 percent zinc, 7 percent manganese, and 4 percent nickel). Although the mint originally marketed this coin as the "Golden Dollar," the coin does not contain any gold.

Market Analysis

Although these coins barely circulate because nobody uses them, the United States Mint still manufactures Native American $1 coins. From 2002 through 2008, the Sacagawea dollars were minted only for collectors. In 2009, the Native American dollars were first minted. Unfortunately, only coin collectors were able to purchase these coins directly from the United States Mint in bags and rolls. Therefore, the mintage numbers in these years are low. Nice uncirculated examples are widely available from your local coin dealer or the Internet.

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Key Dates, Rarities, and Varieties

Some Sacagawea $1 coins are worth considerably more than common coins, such as the Cheerios Dollar Coin. As such, these coins may be counterfeit or altered from common Sacagawea $1 coins. Have your coin authenticated by a reputable coin dealer or third-party grading service to ensure that it is genuine.

Condition or Grade

If your coin has no evidence of wear due to being in circulation, it is considered an uncirculated coin. Circulated coins carry no numismatic premium.

Mint Marks

The mint produced Sacagawea and Native American $1 coins at three different mints: Philadelphia (P), Denver (D), and San Francisco (S: proof coins only). The location of the mint mark on the Sacagawea dollar (2000 to 2008) is on the obverse just below the date. For the Native American dollar (2009 through today), the mint mark is located on the edge of the coin just after the date.

​Sacagawea & Native American $1 Coins Average Prices and Values

The "buy price" is what you can expect to pay a coin dealer to purchase the coin. The "sell value" is the amount you can expect to get from a coin dealer when you sell the coin. Values for both an average circulated Sacagawea or Native American $1 coin, and an average uncirculated coin is provided. These are approximate retail prices and wholesale values. The actual offer you receive from a particular coin dealer will vary depending on the actual grade of the coin and some other factors that determine its worth.

Date & MintCirc. BuyCirc. SellUnc. BuyUnc. Sell
2000 PF.V.F.V.$1.50F.V.
2000 P Cheerios *$1,500.00$1,200.00$3,000.00$2,600.00
2000 P Wounded Eagle *$275.00$225.00$475.00$390.00
2000 P Presentation *$300.00$225.00$350.00$300.00
2000 DF.V.F.V.$1.50F.V.
2001 PF.V.F.V.$2.50$1.50
2001 DF.V.F.V.$2.50$1.50
2002 PF.V.F.V.$2.50$1.50
2002 DF.V.F.V.$2.50$1.50
2003 PF.V.F.V.$4.00$3.00
2003 DF.V.F.V.$5.00$3.50
2004 PF.V.F.V.$5.00$3.50
2004 DF.V.F.V.$5.00$3.50
2005 PF.V.F.V.$3.50$2.75
2005 DF.V.F.V.$3.50$2.75
2006 PF.V.F.V.$3.50$2.75
2006 DF.V.F.V.$7.00$5.25
2007 PF.V.F.V.$2.00$1.50
2007 DF.V.F.V.$2.00$1.50
2008 PF.V.F.V.$2.00$1.50
2008 DF.V.F.V.$2.00$1.50
Native American Dollar Series
2009 PF.V.F.V.$2.00$1.50
2009 DF.V.F.V.$2.00$1.50
2010 PF.V.F.V.$2.00$1.50
2010 DF.V.F.V.$2.00$1.50
2011 PF.V.F.V.$2.00$1.50
2011 DF.V.F.V.$2.00$1.50
2012 PF.V.F.V.$2.00$1.50
2012 DF.V.F.V.$2.00$1.50
2013 PF.V.F.V.$2.00$1.50
2013 DF.V.F.V.$2.00$1.50
2014 PF.V.F.V.$2.00$1.50
2014 DF.V.F.V.$2.00$1.50
2015 PF.V.F.V.$2.00$1.50
2015 DF.V.F.V.$2.00$1.50
2016 PF.V.F.V.$2.00$1.50
2016 DF.V.F.V.$2.00$1.50
2017 PF.V.F.V.$2.00$1.50
2017 DF.V.F.V.$2.00$1.50
2018 PF.V.F.V.$2.00$1.50
2018 DF.V.F.V.$2.00$1.50

F.V. = Face Value
*= See the section above "Key Dates, Rarities, and Varieties" for more information on these coins.

Sours: https://www.thesprucecrafts.com/sacagawea-native-american-dollar-values-4050507

Dollar coin (United States)

Current denomination of United States currency

Value1.00 U.S. dollar
Mass8.100 g (0.260 troy oz)
Diameter26.5 mm (1.043 in)
Thickness2.00 mm (0.079 in)
EdgePlain with incised inscriptions
Composition2000–present: Copper with manganese brassclad (copper 88.5%, zinc 6%, manganese 3.5%, nickel 2%)
Years of minting1794–1804, 1836–1904, 1921–1928, 1934–1935, 1971–1981, 1999, 2000–present[1]
Catalog number
Sacagawea dollar obverse.png
DesignProfile of Sacagawea with her child, Jean Baptiste Charbonneau
DesignerGlenna Goodacre
Design date2000 (modified 2009)
2021 Native American $1 Coin Reverse.png
DesignTwo eagle feathers featured with five 5-pointed stars representing the five branches of the US Military at the time of design (Space Force now makes the total six).
DesignerDonna Weaver
Design date2021

The dollar coin is a United States coin with a face value of one United States dollar. It is the second largest U.S. coin currently minted for circulation in terms of physical size, with a diameter of 1.043 inches (26.5 millimeters) and a thickness of 0.079 in (2.0 mm), coming second to the half dollar. Dollar coins have been minted in the United States in gold, silver, and base metal versions. Dollar coins were first minted in the United States in 1794.

While true gold dollars are no longer minted, the Sacagawea, Presidential, and American Innovation dollars are sometimes referred to as golden dollars because of their color. As with several other denominations of U.S. coinage, golden dollars are similar in diameter and color to their Canadian counterpart (known as the "loonie," which predates the Sacagawea dollar by thirteen years). However, unlike the 11-sided Canadian dollar coins, U.S. "golden dollar" coins are round.

Dollar coins have never been popular in the United States since the removal of precious metal from coins. Despite efforts by the government to promote their use to save the cost of printing one-dollar bills, such as the Presidential $1 Coin Program, most Americans currently use the bill.[2] For this reason, since December 11, 2011, the Mint has not produced dollar coins for general circulation, and all dollar coins produced after that date have been specifically for collectors. These collector coins can be ordered directly from the Mint, while pre-2012 circulation dollars can be obtained from most U.S. banks.[3][4]

Popularity[edit]

The gold dollar (1849–89) was a tiny coin measuring only 13 mm from 1849 to 1854, and 15 mm from 1854 to 1889 and latter commemorative coins, making it difficult to grasp and easy to lose, a serious problem when a dollar was almost a day's wage.

Dollar coins have found little popular acceptance in circulation in the United States since the early 20th century, despite several attempts to increase their usage having been made since 1971. This contrasts with currencies of most other developed countries, where denominations of similar value exist only in coin. These coins have largely succeeded because of a removal (or lack) of their corresponding paper issues,[5] whereas the United States government has taken no action to remove the one-dollar bill.

The United States Government Accountability Office (GAO) has stated that discontinuing the dollar bill in favor of the dollar coin would save the U.S. government approximately $5.5 billion over thirty years primarily through seigniorage.[5][6] The Federal Reserve has refused to order the coin from the mint for distribution citing a lack of demand, according to ex-Mint director Philip Diehl in November 2012.[7]

Whatever the reason, a U.S. Mint official claimed in a November 2012 meeting that most of the 2.4 billion dollar coins minted in the previous five years were not in circulation.[8]

In 2019, the GAO re-estimated the cost of replacing the $1 bill and found for the first time that it would cause the government to lose between $611 million and $2.6 billion because physical money was being used less, so dollar bills were lasting longer.[9]

Mint marks[edit]

The list below is of all mint marks used on the dollar coin:

  • C: Charlotte, North Carolina (gold coins only; 1838–1861).
  • CC: Carson City, Nevada (1870–1893).
  • D: Dahlonega, Georgia (gold coins only; 1838–1861).
  • D: Denver, Colorado (1906 to date).
  • O: New Orleans, Louisiana (1838–1861; 1879–1909).
  • P: Philadelphia, Pennsylvania (produced from 1793 to date, mint mark introduced in 1979).
  • S: San Francisco, California (1854 to date).
  • W: West Point, New York (1984 to date).

History[edit]

Early dollar coins[edit]

The Spanish dollar was the basis of the United States silver dollar.

Before the American Revolutionary War, coins from many European nations circulated freely in the American colonies, as did coinage issued by the various colonies. Chief among these was the Spanish silver dollar coins (also called pieces of eight or eight reales) minted in Mexico and other colonies with silver mined from Central and South American mines. These coins, along with others of similar size and value, were in use throughout the colonies, and later the United States, and were legal tender until 1857.

In 1776, several thousand pewterContinental Currency coins were minted. Although unconfirmed, many numismatists believe these to have been pattern coins of a proposed silver dollar coin authorized by the Continental Congress to prop up the rapidly failing Continental Currency—the first attempt by the fledgling U.S. at paper currency.[10] Several examples were also struck in brass and silver, but a circulating coin was not produced, in large part because of the financial difficulties of running the Revolutionary War. The Continental Currency dollar coin bears the date 1776, and while its true denomination is not known, it is generally the size of later dollars, and the name has stuck. The failure of the Continental Currency exacerbated a distrust of paper money among both politicians and the population at large. The letters of Thomas Jefferson indicate that he wished the United States to eschew paper money and instead mint coins of similar perceived value and worth to those foreign coins circulating at the time.[11]

The Coinage Act of 1792 authorized the production of dollar coins from silver. The United States Mint produced silver dollar coins from 1794 to 1803, then ceased regular production of silver dollars until 1836. The first silver dollars, precisely 1,758 of them, were coined on October 15, 1794 and were immediately delivered to Mint Director David Rittenhouse for distribution to dignitaries as souvenirs.[12] Thereafter, until 1804, they were struck in varying quantities. There are two obverse designs: Flowing Hair (1794–1795) and Draped Bust (1795–1804). There are also two reverse designs used for the Draped Bust variety: small eagle (1795–1798) and heraldic eagle (1798–1804). Original silver dollars from this period are highly prized by coin collectors and are exceptionally valuable, and range from fairly common to incredibly rare. Because of the early practice of hand engraving each die, there are dozens of varieties known for all dates between 1795–1803.

It is also one of only two denominations (the other being the cent) minted in every year from its inception during the first decade of mint operation. Though a new Spanish dollar or 8-real minted after 1772 theoretically contained 417.7 grains of silver of fineness 130/144 (or 377.1 grains fine silver), reliable assays of the period in fact confirmed a fine silver content of 370.95 grains (24.037 g) for the average Spanish dollar in circulation. [13] The new US silver dollar of 371.25 grains (24.057 g) therefore compared favorably and were received at par with the Spanish dollar for foreign payments, and in 1803 President Thomas Jefferson halted new silver dollars made out of the US Mint's limited resources since it failed to stay in domestic circulation. The less-exportable half dollar therefore became the largest US-made silver coin in domestic use for the next several decades. It was only after Mexican independence in 1821 when their peso's fine silver content of 377.1 grains was firmly upheld, which the US later had to compete with using a heavier Trade dollar coin of 378.0 grains (24.49 g) fine silver.

The 1804 dollar[edit]

Main article: 1804 dollar

The 1804 dollar is one of the rarest and most famous coins in the world.[14] Its creation was the result of a simple bookkeeping error, but its status as a highly prized rarity has been established for nearly a century and a half. The silver dollars reported by the mint as being struck in 1804 were actually dated 1803. (With die steel being very expensive in the early 19th century, dies were used until they were no longer in working condition. This is why many early U.S. coins exhibit various kinds of die cracks, occlusions, cuds, clash marks, and other late-state die wear. Nearly every coin the U.S. struck from 1793 to 1825 has an example that was struck in a year other than that which it bears.) No dollars bearing the date 1804 were ever struck in 1804, though this was unknown to mint officials at the time the 1804 dollar came to be.

The 1804 silver dollar was actually produced in 1834, when the U.S. Department of State decided to produce a set of U.S. coins to be used as gifts to rulers in Asia in exchange for trade advantages. Since 1804 was the last recorded year of mintage for both the dollar and $10 Eagle, it was decided that the set would contain examples of those coins dated 1804, as well as the other denominations currently being produced. Mint officials, not realizing that the 19,000+ dollars recorded as being produced in 1804 were all dated 1803, proceeded to make new dies bearing the date 1804. Only 15 silver dollars with the date of 1804 are known to exist; in 1999, one of them sold at auction for more than $4 million. There are 8 Class I dollars, struck in 1834 for the aforementioned sets, 1 Class II dollar, struck over an 1857 Swiss Shooting Thaler (and now residing in the U.S. Coin Collection at the Smithsonian Institution), and 6 Class III dollars, struck surreptitiously sometime between 1858 and 1860 to meet collector demand for the coin.

Seated Liberty dollar (1836–1873)[edit]

Main article: Seated Liberty dollar

Seated Liberty dollars were introduced in 1836 and were minted in lesser quantities than the sparsely minted Gobrecht dollar that preceded it. The dollars were used in general circulation until 1873. The production of large numbers of U.S. gold coins (First $1 1848 and $20 in 1849) from the new California mines lowered the price of gold, thereby increasing the value of silver. By 1853, the value of a U.S. silver dollar contained in gold terms, $1.04 of silver. With the Mint Act of 1853, all U.S. silver coins, except for the U.S. silver dollar and new 3 cent coin, were reduced by 6.9% as of weight with arrows on the date to denote reduction. The U.S. silver dollar was continued to be minted in very small numbers mainly as a foreign trade coin with the Orient.

The international trading partners did not like the fact that U.S. coins were reduced in weight. The use of much more common half dollars became problematic since merchants would have to separate higher value pre-1853 coins from the newer reduced ones. From 1853 onward, trade with Asia was typically done with Mexican coins that kept their weight and purity in the 19th Century. This ended in 1874 when the price of silver dropped so that a silver dollar had less than $1.00 worth of silver in it (because of huge amounts of silver coming from the Nevada Comstock Lode mines). By 1876, all silver coins were being used as money and by 1878, gold was at par with all U.S. paper dollars. Beginning in 1878, huge amounts of the Morgan silver dollars were produced but few were used as money. The size was too large to carry on business so Silver Certificates were used instead. The mint made the coins, placed them in their vaults and issued the Silver Certificates instead. This is the reason so many Morgan and Peace dollars can be purchased in AU or UNC condition (near perfect), since they sat in bank or U.S. Treasury vaults most of the time.

Each Seated Liberty dollar is composed of 0.77344 troy oz of silver. They were minted at Philadelphia, New Orleans, Carson City, and San Francisco. A silver dollar would be worth $1 in silver if the price of silver is $1.29 per troy ounce. The current silver price (January 29, 2021) is $27.03 per troy ounce so a silver dollar is worth, in melt value of about USD$20.90.

Gold dollar coins (1849–1889)[edit]

Main article: Gold dollar

The gold dollar was produced from 1849 to 1889. 1849 to 1853 gold dollar coins were 13 mm across and are called Type I. Type II gold dollars were thinner but larger at 15 mm diameter and were produced from 1854 to 1855. The most common gold dollar are the Type III, struck from 1856 until 1889. Production US $1 gold dollars was high until the Civil War and by 1863, only the larger value gold coins were produced in large quantities. Most gold coins produced from 1863 and onward were produced for imports to pay for enormous amounts of war material and interest on some U.S. Government bonds. Many of these coins from the Civil War and after (silver coins included) are in excellent condition since they saw very limited circulation with greenbacks and postage currency taking their place.

Composed of 90% pure gold, it was the smallest denomination of gold currency ever produced by the United States federal government. When the U.S. system of coinage was originally designed there had been no plans for a gold dollar coin, but in the late 1840s, two gold rushes later, Congress was looking to expand the use of gold in the country's currency.[15] The gold dollar was authorized by the Act of March 3, 1849, and the Liberty Head type began circulating soon afterward.[17] Because of the high value of gold, the gold dollar is the smallest coin in the history of U.S. coinage.

Trade dollar (1873–1885)[edit]

Main article: Trade dollar (United States coin)

The trade dollar was produced in response to other Western powers, such as Great Britain, Spain, France, and particularly Mexico, to compete with these trade coins for use in trade in Asia. While the previous Spanish dollar of 370.95 grains (24.037 g) contained less fine silver than the standard dollar coin of 371.25 grains (24.057 g),[13]Mexican pesos minted after Mexican independence contained a full 377.1 grains (24.44 g) of fine silver. The American trade dollar therefore had to be made better, at 420 grains of 90% fine silver, fine content 378.0 grains (24.49 g), or 0.44 g more fine silver than the regular circulation Seated Liberty Dollars and Morgan Dollars. Most trade dollars ended up in China during their first two years of production, where they were very successful. Many of them exhibit holes or chopmarks which are counterstamps from Asian merchants to verify the authenticity of the coins. Many trade coins of the western powers and large silver coins from China, Korea, and Japan also bear these chopmarks. While most chopmarked coins are generally worth less than those without, some of the more fascinating chopmarks can actually give the coin a modest premium.

Trade dollars did not circulate in the United States initially, but were legal tender for up to $5. Things changed, however, in 1876, when the price of silver spiraled downward as western producers dumped silver on the market, making the trade dollar worth more at face value than its silver content. That resulted in trade dollars pouring back into the United States, as they were bought for as little as the equivalent of 80 US cents in Asia, and were then spent at $1 in the United States. This prompted Congress to revoke their legal tender status, and restrict their coinage to exportation demand only. However, this did not stop unscrupulous persons from buying trade dollars at bullion value, and using them for payment as $1 to unsuspecting workers and merchants.

Production of the trade dollar was officially discontinued for business strikes in 1878, and thereafter from 1879–1885, produced only as proof examples of the coin. The issues of 1884 and 1885 were produced surreptitiously, and were unknown to the collecting public until 1908.

In February 1887, all non-mutilated outstanding trade dollars were made redeemable to the United States Treasury, and approximately 8 million of them were turned in.

Morgan dollar (1878–1904, 1921, 2021)[edit]

Main article: Morgan dollar

Morgan silver dollars, all composed of 90% silver and 10% copper (slightly less silver than sterling silver),[18] were struck between 1878 and 1904, with a minting in 1921 and a commemorative minting in 2021.[19] The 1921-dated coins are the most common, and there exists a substantial collector market for pristine, uncirculated specimens of the rarer dates and mint marks. Morgan dollars are second only to Lincoln Cents in collector popularity. The coin is named after George T. Morgan, its designer. Morgan dollars were minted at Philadelphia (no mint mark), New Orleans ("O" mint mark), San Francisco ("S" mint mark), Carson City ("CC" mint mark), and (in 1921 only) Denver ("D" mint mark). The mint mark is found on the reverse below the wreath, above the "O" in "DOLLAR".

Peace dollar (1921–1928, 1934–1935, 2021)[edit]

Main article: Peace dollar

Introduced in December 1921 and having the same ratio of silver-to-copper as the Morgan dollar, the Peace dollar, designed by medalist Anthony de Francisci, was promulgated to commemorate the signing of formal peace treaties between the Allied forces and Germany and Austria.[20] These treaties officially ended the Allies' World War I hostilities with these two countries. In 1922 the Mint made silver dollar production its top priority, causing other denominations to be produced sparingly if at all that year. Production ceased temporarily after 1928; original plans apparently called for only a one-year suspension, but this was extended by the Great Depression. Mintage resumed in 1934, but for only two years.

In May 1965, 316,000+ Peace dollars were minted, all at the Denver Mint and dated 1964-D; however, plans for completing this coinage were abandoned, and most of those already minted were melted, with two known trial strike specimens being preserved (for assay purposes) until 1970, when they too were melted, and none released either for circulation or collection purposes. It is rumored that one or more pieces still exist, most notably any examples obtained by key members of Congress, the president, or mint officials. However, this coin, much like the 1933 $20 gold double eagle (aside from the "exception", sold in 2002 for over $7 million and the 10 found later), is illegal to own and would be subject to confiscation.[21]

The Peace dollar and Morgan dollar will be reminted in 2021 as a commemorative of the dollars 1921 minting.

Release of dollars by the U.S. Treasury: the GSA sale[edit]

Because of the size and weight of the dollar coins, they circulated minimally throughout their history, except in the West (especially at casinos in the early-to-mid-20th century, where they were commonly used both at the tables and at slot machines.) As a result, the coins were generally shipped to Washington and stored in the vaults of the U.S. Treasury; at times these stores numbered into the hundreds of millions.[citation needed]

They were very popular as Christmas gifts, however, and from the 1930s to the early 1960s, many bags were annually released to banks nationwide to be distributed as presents. In November 1962, during this annual distribution, it was discovered that there were some rare and valuable dates, still sealed in their original mint bags, all in uncirculated condition, among the millions of dollar coins still in the Treasury vaults. Collectors/investors/dealers lined up to purchase them in $1,000 bags, trading silver certificates for the coins. Before this event, the great rarity of the Morgan series was 1903-O, which was by far the most expensive of the entire set. It was discovered that there were millions of this specific date and mint in the Treasury vaults; an estimated 84% of the entire mintage sat in these bags, untouched for 60 years, all in uncirculated condition. While still relatively expensive in circulated grades, uncirculated examples can be had for a modest amount over common dates.[citation needed]

On March 25, 1964, Secretary of the Treasury C. Douglas Dillon announced that Silver Certificates would no longer be redeemable for silver dollars.[22] Subsequently, another act of Congress dated June 24, 1967, provided that Silver Certificates could be exchanged for silver bullion for a period of one year, until June 24, 1968.[23]

Following this, the Treasury inventoried its remaining stock of dollar coins, and found approximately 3,000 bags containing 3 million coins. Many of the remaining coins were Carson City mint dollars, which even then carried a premium. The coins were placed in special hard plastic holders and the General Services Administration (GSA) was given authorization to sell them to the public in a series of mail-bid sales. Five sales were conducted in 1973 and 1974, but sales were poor, and the results unspectacular. There was much complaining among the coin buying public, many stating that the United States government should not be in the "coin business", especially considering that the government had spent little more than a dollar to mint and store each coin. After these sales, more than a million coins were still left unsold.

These sat again until 1979–1980, where, amidst an extraordinarily volatile precious metals market, the remaining coins were sold under chaotic conditions. The GSA, having published minimum bids in November 1979, announced on January 2, 1980, that those minimum bids were no longer valid, and that prospective bidders would have to "call in" to a toll free number to get current minimum bids. Then, on February 21, 13 days after the bidding process officially began, the maximum number of coins per bidder was changed from 500 to 35. Many bidders, under these confusing conditions, ended up with no coins at all. Complaints again flooded in to Congress, but the damage had already been done, and the last silver dollars held by the United States Treasury were gone.[24][25][26]

Over the years, many of these GSA dollars have been broken out of their special holders for purposes of grading or otherwise, and now GSA dollars still in the unbroken original holders carry a small premium. Some third party grading companies have begun to grade coins still in their GSA holders, as a means of preservation, though this is not without controversy.[27]

Eisenhower dollar (1971–1978)[edit]

Main article: Eisenhower dollar

From 1971 to 1978, the U.S. Mint issued dollar coins with the obverse depicting PresidentDwight David Eisenhower and the reverse the insignia of the Apollo 11 Moon landing, both designed by Chief Engraver Frank Gasparro.[28] The 1976 Bicentennialcommemorative design, produced in 1975 and 1976, featured the Liberty Bell and the Moon on the reverse (designed by Dennis R. Williams), while retaining the Eisenhower obverse, and the dual dates 1776–1976. The Eisenhower dollars minted for general circulation contained no silver or gold, but were instead composed of the same copper-nickel clad composition used for the dime, quarter, and half dollar. This made the circulation coins extremely resistant to wear and, like the smaller denominations, they still retain a good deal of shine even when subject to mass usage.

From 1971 through 1976, the Mint also produced dollars composed of 40% silver aimed at the collector market. The 1971–1974 issues appeared in brown boxes or blue packages, depending on whether they were proof or uncirculated. Somewhat different Bicentennial sets were produced in the following two years. All issues remain very common.

The coins were never very popular, primarily because of their large size and weight which made them inconvenient to carry and the fact that very few vending machines were designed to accept them. They saw the greatest use in casinos, and one-dollar tokens in many United States casinos still approximate the size and weight of the coins. Prior to the withdrawal of the coins, which remain legal tender (and are sometimes available at banks by request), many casinos did not strike their own tokens, but instead used the Eisenhower dollar.

Susan B. Anthony dollar (1979–1981; 1999)[edit]

Main article: Susan B. Anthony dollar

The Anthony clad dollar, 1979.

From 1979 to 1981, and again in 1999, the Mint produced Anthony Dollars depicting women's suffrage activist Susan B. Anthony (also designed by Frank Gasparro). Anthony thus became the first historical female person portrayed on circulating U.S. coinage. Many earlier circulating coins had featured images of women via allegorical figures such as Peace or Liberty; Spain's Queen Isabella appeared on the 1893 Columbian Exposition quarter dollar but the coin was not intended for general circulation. The Anthony dollars, like the Eisenhower dollars, were made from a copper-nickel clad. The 1981 coins were issued for collectors only but occasionally show up in circulation.

The Anthony dollar, because of its color, size, and design, was often confused with the quarter. It was never popular and production was suspended after 1981. In 1999, it was struck again when Treasury reserves of the coin were low and the Sacagawea dollar was still a year away from production.[29] While reserves of the coins were high, the coins were most often seen in vending machines, transit systems and post offices.

American Silver Eagle (1986–present)[edit]

Main article: American Silver Eagle

The American Silver Eagle is the official silverbullion coin of the United States. It was designed by Adolph A. Weinman and John Mercanti and it was first released by the United States Mint on November 24, 1986. It is struck only in the one troy ounce size, which has a nominalface value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. It is authorized by Title II of Public Law 99-61 (Liberty Coin Act, approved July 9, 1985) and codified as 31 U.S.C. § 5112(e)-(h). Its content, weight, and purity are certified by the United States Mint. In addition to the bullion version, the United States Mint has produced a proof version and an uncirculated version for coin collectors. The Silver Eagle has been produced at three mints: the Philadelphia Mint, the San Francisco Mint, and the West Point Mint. The American Silver Eagle bullion coin may be used to fund Individual Retirement Account investments.[30]

Sacagawea dollar (2000–present)[edit]

Main article: Sacagawea dollar

The Sacagawea dollar was authorized by Congress in 1997 because the supply of Anthony dollars, in inventory since their last mintage in 1981, was soon expected to be depleted. These coins have a copper core clad by manganese brass. Delays in increasing Sacagawea dollar production led to a final 1999-dated mintage of Susan B. Anthony dollars. Dollar coins are used infrequently in general commerce. They used to be given as change by United States Postal Service (USPS) stamp vending machines, which created a relatively small but significant demand, but the USPS eliminated all those machines by 2011. They were also used in certain subway and public transit systems, such as the "T" in Boston.

In 1998, the U.S. Mint conducted a limited design competition for the new dollar, inviting 23 artists to submit designs portraying Sacagawea on the obverse ("heads") side and American bald eagle on the reverse ("tails") side. In November 1998, an exhibit of 123 submitted designs was held at the Casa Italiana Hall in Washington, D.C. to solicit public and private comment.[31] Design concepts were submitted in the form of drawings, renderings, sculpture and die-struck prototypes.[32]

The obverse was designed by artist Glenna Goodacre. Since no verifiable image of Sacagawea exists, Goodacre used Randy'L He-dow Teton, a University of New Mexico college student and a ShoshoneIndian, as a model for the coin.[33]

There are approximately 1 billion Sacagawea coins in circulation, and about 250 million in reserve. The U.S. Mint greatly reduced production of Sacagawea dollars after the 2001 minting, citing sufficient inventory. From 2002 to 2008, the Sacagawea dollar was still minted for collectors and was available in uncirculated rolls, mint sets, and proof sets, but it was not released for general circulation again until the introduction of the Native American series in 2009.

The Mint took great care to create the coin with the same size, weight, and electromagnetic properties as the Anthony dollar, but with a golden color. Unlike most other coins in circulation, the selected alloy has a tendency to tarnish quite severely in circulation, as is the case with most brasses, resulting in a loss of the golden shine, except on raised areas where the "patina" is more frequently rubbed off.[34] While some consider the blackening an undesired quality, the Mint suggests the uneven tarnishing effect gives the coins an "antique finish" that "accentuate[s] the profile and add[s] a dimension of depth to the depiction of Sacagawea and her child".[34]

The coin featured a plain edge through 2008, but starting in 2009, incused lettering was applied. The year and mint mark moved from the coin's obverse (front) to its edge.

As of 2021, dollar coins are not widely encountered in U.S. commerce, except in vending machines for rides on mass transit, some pay and display machines, some laundromats, and old-fashioned slot machines. On the other hand, the Sacagawea dollar has achieved popularity in El Salvador, Ecuador and Panama, where the U.S. dollar is also the official currency.[29]

Native American series[edit]

The first Native American dollar reverse (left), issued in 2009, representing agriculture and the 2016 reverse design, which commemorates Native American code talkers in World War 1 and World War 2.

With the passage of the Native American $1 Coin Act[35] on September 20, 2007, the U.S. Mint began designing a series of Sacagawea dollars with modified reverses to further commemorate "Native Americans and the important contributions made by Indian tribes and individual Native Americans to the development of the United States and the history of the United States". Four designs were to be minted, each for one year from 2009 to 2012. The first Native American series coin was released in January 2009 and had a reverse that depicted a Native American woman sowing seeds of the Three Sisters, symbolizing the Indian tribes' contributions to agriculture.

Like the Presidential Dollar, the year of issue, mint mark, and motto E Pluribus Unum are found on the edge of the coin instead of on the obverse or reverse, which allows for more room for the design.[36] Unlike the Presidential $1 coins from before 2009, "In God We Trust" remains on the obverse and the vacant space on the edge lettering has been taken up by thirteen stars, symbolizing the Thirteen Colonies. Also, unlike any other denomination of circulating U.S. coinage (but in common with the Presidential $1 coins), the value is inscribed in numerals on the reverse. The act passed by Congress requires that 20% of the total dollar coins minted in any year during the Presidential $1 Coin Program be Sacagawea dollars bearing the new design.

In January 2010, the second reverse design in the series was released which has the theme of "Government" and the "Great Tree of Peace". The 2010 Sacagawea reverse depicts the Hiawatha Belt and five arrows bound together representing unity with the inscription "Haudenosaunee", a synonym for the Iroquois Confederacy meaning "People of the Longhouse". Another inscription is found along the lower edge of the reverse spelling "Great Law of Peace" (an English translation of Gayanashagowa, the Iroquois Confederacy constitution). The Great Law of Peace was used as a model for the Constitution of the United States. The four links on the belt are meant to symbolize four of the five Nations of the Iroquois Confederacy, namely the Mohawk, Oneida, Cayuga and Seneca Nations. The Eastern White Pine tree in the middle of the belt represents the fifth Nation, the Onondaga, and is a depiction of the Tree of Peace.

[edit]

Main article: Presidential $1 Coin Program

In December 2005, Congress decided to create a new series of $1 coins that would honor the former U.S. presidents. In 2007, Presidential coins of four different designs were produced. Another four designs will be produced each year, honoring the presidents in order of service. (Grover Cleveland is on two coins, since he served two non-consecutive terms.) The Presidential $1 Coin Act is intended to create renewed interest in dollar coins, like that seen during the 50 State Quarters program.[37] At least one third of all dollar coins produced are still Sacagawea coins, with the remaining coins making up the four presidential coins annually. Under federal law (31 U.S.C. § 5112), no coins may be issued featuring a living president, or a president who died less than two years earlier.

The presidential dollar coin is the same size and composition as the Sacagawea dollar. "In God We Trust", the issue year, and the mint mark appear on the edge.[38] The first dollar, honoring George Washington, was released into circulation on February 15, 2007. However, H.R. 2764 became law on December 26, 2007 which moved "In God We Trust" from the edge to the obverse.

A common minting error on this coin, estimated at 80,000, from a mintage of 300,000,000 coins, is the omission of the edge lettering causing a plain outside edge.[39][40] Because the omission includes the words "In God We Trust", some in the popular media have dubbed it the "godless" coin.[41] A false (although at one time widely reported) error is the report that the edge lettering is upside down. The edge lettering does not occur at the same time as the minting of the coins, allowing for the natural occurrence of the lettering in either orientation,[42] except Proof Coins where the date and lettering are all "right-side-up".[42]

Because of budget constraints and increasing stockpiles of these relatively unpopular coins, the production of new Presidential dollar coins for circulation was suspended on December 11, 2011, by U.S. Treasury Secretary Timothy F. Geithner. Further minting of these coins was reserved solely for collectors.[43]

American Innovation Dollar Coins (2018–2032)[edit]

Main article: American Innovation dollars

On July 20, 2018, President Donald Trump signed the American Innovation $1 Coin Act into law. The program calls for the release of four new coins each year from 2019 through 2032 "to honor innovation and innovators by issuing $1 coins for each of the 50 states, the District of Columbia and the five U.S. territories – Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, and the Northern Mariana Islands". An introductory coin, commemorating George Washington signing the country's first patent into law, was released in December 2018.[44] The coins are currently only being minted for collectors.

Designs[edit]

Silver dollar coins
Gold dollar coins
  • Liberty Head (Small Size) 1849–1854
  • Indian Head (Large Size) 1854–1889
    • Small Indian Head 1854–1856
    • Large Indian Head 1856–1889
Copper-nickel clad dollar coins
Manganese brass "golden" dollar coins

See also[edit]

References[edit]

  1. ^"Circulating Coins - U.S. Mint". www.usmint.gov.
  2. ^Anderson, Gordon T. (April 25, 2005). "Congress tries again for a dollar coin". CNN Money. Retrieved June 26, 2012.
  3. ^"presidential-dollar-coins". United States Mint. Retrieved 2016-04-10.
  4. ^"native-american-coins". United States Mint. Retrieved 2016-04-10.
  5. ^ abU.S. GAO. "U.S. Coins: Replacing the $1 Note with a $1 Coin Would Provide a Financial Benefit to the Government". U.S. GAO. Retrieved 2011-08-16.
  6. ^Northrup, Laura. "Dollar Coins Save The Government Money Because You'll Just Throw Them In A Jar". Consumerist.
  7. ^"Testimony of Philip Diehl before House Financial Services Committee, Nov. 29, 2012"(PDF).
  8. ^Straw, Joseph; Lysiak, Matthew; Murray, Rheana (Nov 30, 2012). "Congress considers getting rid of dollar bills for $1 coins to save money". New York Daily News. Retrieved Jan 7, 2013.
  9. ^Office, U. S. Government Accountability. "U.S. Currency: Financial Benefit of Switching to a $1 Coin Is Unlikely, but Changing Coin Metal Content Could Result in Cost Savings". www.gao.gov. Retrieved 2021-09-24.
  10. ^"1776 $1 Continental Dollar, CURRENCY, Silver, EG FECIT MS63 NGC. | Lot #30423". Heritage Auctions. Retrieved 2020-07-28.
  11. ^Rothbard, Murray (2002). A History of Banking in the United States(PDF). Ludwig von Mises Institute. Auburn. ISBN .
  12. ^"First United States Silver Dollar, 1794". Smithsonian Institution National Museum of American History. Retrieved 2009-03-13.
  13. ^ abhttps://www.jstor.org/stable/1834139?seq=11#metadata_info_tab_contents
  14. ^NGC Photo Proof (1994). "1798–1804 Silver Dollar Draped Bust Heraldic Eagle". CoinSite. ROKO Design Group, Inc. Archived from the original on 2009-03-14. Retrieved 2009-03-13.
  15. ^CoinFacts.com: Liberty Head Gold Dollars. Retrieved September 9, 2006.
  16. ^Yeoman, Richard and Kenneth Bressett (ed.), A Guide Book of United States Coins (56th edition), (New York: St. Martin’s Press, 2002. ISBN 978-1-58238-188-6.) 196–198.
  17. ^Herbert, Alan (6 November 2005). Coin Collecting 101 What You Need to Know. Krause. p. 145. ISBN .
  18. ^NGC Photo Proof (1994). "1878–1921 Silver Dollar Morgan". CoinSite. ROKO Design Group, Inc. Retrieved 2009-03-13.
  19. ^NGC Photo Proof (1994). "1921–35 Silver Dollar Peace". CoinSite. ROKO Design Group, Inc. Archived from the original on 2009-03-21. Retrieved 2009-03-13.
  20. ^The '64 Dollar Question. Retrieved 27 August 2010.
  21. ^"FAQs: Buying, Selling & Redeeming Currency". U.S. Treasury. 25 June 2007. Archived from the original on 11 March 2009. Retrieved 2009-03-13.
  22. ^"Text of December 20, 1968 Letter to the President from Secretary of the Treasury Henry H. Fowler". U.S. Mint, Department of the Treasury (Press release). 30 December 1968. Retrieved 2009-03-13.
  23. ^Bryan Sonnier (1993). "GSA Carson City Silver Dollars: A History as Tumultuous as That of the Morgan Silver Dollar Itself". CoinResource. Archived from the original on 2009-02-10. Retrieved 2009-03-13.
  24. ^"Morgan Silver Dollar Coins". GFL.com. Retrieved 2009-03-13.
  25. ^Susan Headley. "The 1895 Morgan Dollar – The King of Morgans – The Most Valuable Morgan Dollar". About.com. Retrieved 2009-03-13.
  26. ^"NGC to Grade Dollars in GSA Holders". Collectors Society. 2003-01-02. Archived from the original on 2009-02-03. Retrieved 2009-03-13.
  27. ^NGC Photo Proof (1994). "1971–78 Dollar Eisenhower". CoinSite. ROKO Design Group, Inc. Archived from the original on 2013-08-30. Retrieved 2009-03-13.
  28. ^ abMitch, Sanders (March 2006). "Modern Dollar Coins". Numismatist: 114. Archived from the original on 2012-02-26. Retrieved 2009-03-13.
  29. ^"Publication 590: Individual Retirement Arrangements"(PDF). United States Department of the Treasury, Internal Revenue Service. January 7, 2010. p. 47. Archived(PDF) from the original on 5 January 2010. Retrieved January 12, 2010.
  30. ^"U.S. Mint Coin and Medal Programs - U.S. Mint". www.usmint.gov.
  31. ^"Other Suggested Designs For The Golden Dollar". www.smalldollars.com.
  32. ^"The Golden Dollar Coin Featuring Sacagawea". United States Mint. Archived from the original on 2004-12-14. Retrieved 2009-03-13.
  33. ^ ab"US Mint: Dollar Coin FAQ". U.S. Mint, Department of the Treasury. Retrieved 2010-11-03.
  34. ^"Coin and Medal Programs"(PDF). Retrieved 2010-11-03.
  35. ^GovTrack.us. H.R. 2358—110th Congress (2007): Native American $1 Coin Act, GovTrack.us (database of federal legislation) [1] (accessed Sep 28, 2007)
  36. ^Anderson, Gordon T. (2005-04-27). "Congress tries again for a dollar coin". CNN. Retrieved 2010-05-01.
  37. ^CNNArchived November 22, 2006, at the Wayback Machine
  38. ^Susan Headley (3 April 2007). "Washington Dollar Update". About.com. Retrieved 2009-03-13.
  39. ^"Flaw Is Found in Some Coins of New Dollar". The New York Times. Associated Press. 8 March 2007. Retrieved 2009-03-13.
  40. ^Morgan, David S. (March 7, 2007). ""Godless" Dollar Coins Slip Through Mint". CBSNews.com. Associated Press. Retrieved July 6, 2010.
  41. ^ ab"U.S. Mint Coin and Medal Programs - U.S. Mint". www.usmint.gov.
  42. ^"The United States Mint Coins and Medals Program". Department of the Treasury. Retrieved 1 August 2012.
  43. ^"American Innovation $1 Coin Program". USMint.gov. United States Mint. Retrieved 8 March 2019.

Further reading[edit]

  • The Comprehensive U. S. Silver Dollar Encyclopedia by John W. Highfill, ISBN 0-9629900-0-0
  • Comprehensive Catalog and Encyclopedia of Morgan and Peace Dollars, ISBN 978-0-9660168-2-6
  • Financial Impact of Issuing the New $1 Coin, GAO/GGD-00-111R, Apr. 7, 2000.
  • New coin unlikely change?, Steve Cranford, Charlotte Business Journal, July 21, 2000.
  • Elizabeth White (December 14, 2005). "New coins will depict dead former presidents". The Boston Globe. Retrieved 2009-03-13.
  • Barbara Hagenbaugh (December 15, 2005). "Dollar coin series will feature presidents". USA Today. Retrieved 2009-03-13.

External links[edit]

Sours: https://en.wikipedia.org/wiki/Dollar_coin_(United_States)
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How to spot the $1 coin that's actually worth $1000

Time to start paying attention to your $1 coins.

A mix up at a mint in 2000 created a rare $1/10c hybrid - also called a mule coin - which is valued by rare coin collectors at thousands of times its face value.

The coin was made when a technician at the Royal Australian Mint accidentally paired the kangaroo-patterned ‘tails’ side of the coin with the ‘head’ of a 10c piece, explains the Australian Coin Collecting Blog.

This created a coin that is slightly thicker than a regular $1, gold, with a double rim around the Queen.

Those keen on collecting the coin in the early 2000s withdrew tons of $1 coins from banks, and went hunting in casinos for change.

In the video below: A rare one dollar coin could be worth thousands

More on 7NEWS.com.au

The majority of the coins wound up in Perth, and while the mule frenzy peaked around 2003/2004, the rare coin is still in circulation.

Double check your $1 coins from now on, you might just win a jackpot.

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Sours: https://7news.com.au/lifestyle/personal-finance/how-to-spot-the-1-coin-thats-actually-worth-1000-c-618661
10 GOLD DOLLAR COINS WORTH A LOT OF MONEY SOLD IN 2021

Value of U.S. One Dollar Coins

Most one dollar United States of America Liberty coins are not encountered on a day to day basis in circulation.  In fact, in some years the coins were only sold directly to collectors and dealers by The U.S. Mint.  Despite their perhaps seemingly elusive nature, the vast majority of these coins are extremely common and still only worth their face value of one dollar.

The first silver dollar coins were minted in 1794.  With exception of a few small gaps, silver dollars were commonplace in commerce between the late 1700s and 1935.  1935 marks the last year that silver dollars were issued for circulation where the coins actually had silver in them.  The Eisenhower (aka Ike) series rebooted the $1 silver coin series in 1971, but only special issues of Ikes have silver.  The later Susan B. Anthony coins, also while silver in color, don’t have any precious metal content.  And the Sacajawea and Native American dollars, again while gold in color, definitely do not have any actual gold content.

If you are interested in collecting modern one dollar coins then you will want to read our guides below.  Perhaps the most important things to consider are the different strikes as well as some of the small varieties that make seemingly similar coins worth vastly different amounts of money.

Eisenhower Dollar (1971-1978) Image

Eisenhower Dollar (1971-1978)

Susan B. Anthony Dollar (1979-1999) Image

Susan B. Anthony Dollar (1979-1999)

Sacagawea Dollars (2000-2008) Image

Sacagawea Dollars (2000-2008)

Native American Dollars (2009-Present) Image

Native American Dollars (2009-Present)

Sours: https://coinappraiser.com/coin-category/modern-dollars/

Coins money dollar worth

9 of the world’s most valuable coins

Finding a treasure hidden in an old dresser drawer or the attic is the stuff of dreams. So is rooting through your jars of coins and coming up with a rare one that’s worth serious money. Striking it rich is a remote possibility for folks who have built up a sizable collection of coins, but you may still be able to find some loose change that’s worth more than you would otherwise expect.

Many of the coins in the list below are not likely to be hiding in your attic, since they are tremendously rare, but not all of them are super expensive either. Some more recent examples (coins from the 20th century) may be relatively affordable and those are more likely to be tucked away someplace quiet or in a safe deposit box at your parents’ bank.

Before you rush out to buy these coins – if you have a spare million sitting around for some of them – you’ll want to hear from an expert coin collector, a numismatist, as they’re called.

Educate yourself – watch out for fakes

“Coins are both a hobby and [an] investment,” says Warren Zivi, head numismatist and president at American Rarities, a coin dealer based in Boulder, Colorado. “You have to make good choices in what you pick.”

For those getting into the field, it’s important to understand what your goal is – to have a good time with your collection as a hobbyist or try to make some money as an investor.

Either way, says Zivi, you want to know what you’re doing. His motto for new entrants to the field is “Buy the book before you buy the coin.” The book he’s referring to is “A Guide Book of United States Coins,” known among experts as the “Red Book.” He also recommends a subscription to Coin World, which includes current information on the state of the industry.

Zivi says that there’s a lot of misinformation on the internet now about coins, with scammers taking a common coin and trying to sell it as a valuable coin on an auction site.

“There are tons and tons of fakes,” he says, so it’s important to get access to expert knowledge, especially as you’re starting out, so that you know what you’re buying is indeed authentic. Still it can be difficult to spot a fake, even for the pros.

“Recently I had two individuals send us coins that were graded by a nationally recognized grader, and they turned out to be fake,” says Zivi.

More valuable coins offer the potential for higher profits for scammers, of course, but such coins are also very rare. Even if you’re not paying millions of dollars for a coin, you want to know that you’re getting what you pay for.

“It’s easier than ever before to get an opinion on authenticity and valuation,” says Zivi. “Buyers or sellers can send in pictures or even whole collections.”

9 of the most valuable coins in the world

Below are some of the most valuable coins in the world, but they’re not all limited to museums and wealthy private collectors. A couple of these might just turn up in your couch cushions.

1. The 1794 Flowing Hair Silver Dollar

The 1794 Flowing Hair Silver Dollar may sit atop the rankings of the most expensive coin ever sold, at least for now. Some experts believe that it was the first silver dollar struck by the U.S. Mint. The front features a profile of Lady Liberty with flowing hair, while the reverse shows an American eagle. Fewer than 1,800 of these coins were ever produced, and one expert puts the number of remaining coins at between 120 and 130, so it’s quite rare.

The coin sold at auction for just over $10 million in 2013.

2. The 1787 Brasher Doubloon

The Brasher Doubloon was made by Ephraim Brasher, a New York City goldsmith and silversmith, in the late 18th Century. The front of the coin shows a state seal with a rising sun, while the reverse shows the American eagle with a shield. The coin is already rare, but certain versions of it have fetched a variety of prices, depending on their specific characteristics.

A 2011 sale saw a version of the doubloon with Brasher’s signature EB on the breast go for nearly $7.4 million. A 2018 private sale of another doubloon with the signature EB on the bird’s wing went for more than $5 million, according to Coin World.

3. The 1787 Fugio cent

The Fugio cent hasn’t set the kind of astronomical records as the first two coins on this list, but it can still be a pricey collectible, and it has an interesting history to it. The Fugio cent, also known as the Franklin cent, after founding father Benjamin Franklin, may have been the first coin circulated in the newly formed United States.

In line with Franklin’s humor, the coin shows a sun and sundial with the Latin motto “fugio,” suggesting the sun and time are flying. At the bottom, the coin says “mind your business,” an invocation for the bearer to literally pay attention to their business affairs. The reverse of the coin has the motto “We are one” with 13 links in a chain to symbolize America’s first 13 states.

Zivi suggests you could buy a Fugio cent for a few hundred dollars, making it relatively accessible for a coin with such an interesting history. Coins in better condition may go for a few thousand dollars and perhaps as high as $10,000, while extremely rare variants may sell for tens of thousands.

4. The 723 Umayyad Gold Dinar

The 723 Umayyad gold dinar is one of the most prized Islamic coins, and it was struck from gold mined at a location owned by the caliph. The coin bears the marking “mine of the commander of the faithful” and it’s the first Islamic coin to mention a location in Saudi Arabia. About a dozen examples of the coin are in existence, according to experts.

In 2011, the coin fetched 3.7 million pounds (about $6 million) at auction, the second-most expensive ever sold at auction. In 2019, another version of the coin was sold for the same amount in pounds, but the dollar value came to about $4.8 million.

5. The 1343 Edward III Florin

Another one of the world’s most expensive coins is an oldie and goldie. The 1343 Edward III Florin is just one of three such gold coins known to exist. Two examples are housed in the British Museum in London, both of which were found in the River Tyne in 1857. The third coin was found by a prospector with a metal detector in 2006.

The front of the coin shows King Edward III on his throne with two leopards’ heads on either side, while the reverse shows the Royal Cross inside a quatrefoil. Because of its design, the coin is also known as the Double Leopard.

The coin found in 2006 was sold at auction for 480,000 pounds, or about $850,000 — a record at the time for a British coin. It’s now estimated that the coin is valued around $6.8 million.

6. The 1943 Lincoln Head Copper Penny

Here’s another coin that you just might find tucked inside a dresser sometime, and it’s the conditions surrounding its production that make the 1943 Lincoln Head Copper Penny interesting and valuable.

While pennies were normally made of copper and nickel, the U.S. needed the metals for war efforts, so the mint started using steel to produce the coin. But it mistakenly still struck a batch of pennies with copper, potentially because blanks remained in the press when the mint began making new steel pennies. Experts estimate that about 40 of these pennies exist, though some say fewer than 20 examples remain.

The U.S. Mint says these coins are frequently counterfeited because of the relative ease of coating steel pennies with copper and altering the date on coins struck in 1945, 1948 and 1949. But to see if the coin is actually steel, you can see if it sticks to a magnet.

While a regular steel 1943 Lincoln penny might fetch you 30 or 40 cents – again about 30 or 40 times more than its face value – the special copper versions fetched $204,000 at a 2019 auction. This specimen of the coin had been held by a man for some 70 years since boyhood after he found it at his school cafeteria.

7. The 2007 $1 Million Canadian Gold Maple Leaf

The $1 million Canadian Gold Maple Leaf coin is a novelty coin, if there ever were one, and it tips the scales at a whopping 100 kilograms or about 220 pounds. Only six of the nearly pure gold coins have ever been made, as of early May 2020, and each has a face value of $1 million. They were used as a promotional showpiece for the mint’s one-ounce Gold Maple Leaf coins.

In October 2007, the Guinness Book of World Records certified the coin as the world’s largest gold coin. The coin’s front shows Queen Elizabeth II, while the reverse shows a Candian maple leaf. The coin is 50 centimeters (about 20 inches) wide and just over an inch thick.

The coin was sold at auction in 2010 for 3.27 million euros, or just over $4 million at the time.

8. 1913 Liberty Head V Nickel

This coin is not quite as old as some on this list, but that doesn’t stop it from being among the most valuable. In fact, it’s among the rarest coins around. The U.S. Mint struck the Liberty V Nickel from 1883 to 1913, but just a reputed five coins were minted in the final year’s vintage.

Since the year 2000, specimens of the coin have hit the auction block a handful of times, and have fetched multiple millions of dollars. One version reportedly sold for $4.15 million in 2005 and then was flipped for $5 million in 2007. Another specimen hit the market for more than $3.7 million in 2010, while still another traded hands at a reported price of $3 to $4 million in 2018.

If you can’t find enough nickels to buy one yourself, you may be able to see one of the coins at a handful of museums, including the Smithsonian Institution.

9. Morgan Silver Dollars

Morgan silver dollars aren’t especially rare in themselves, but some of the rarer vintages can fetch seriously high prices. Even if you don’t have one of the more obscure versions, the Morgan is just a beautiful item with the solid feel of a well-balanced coin that is 90 percent silver.

A “run-of-the-mint” Morgan should fetch at least $20, which is a baseline, given its silver content and the price of the precious metal. However, the following Morgan exemplars can bring in quite a bit more than that, but pay attention to the mint mark, an alphabetical marking on some coins:

  • 1893 S Morgan
  • 1901 Morgan
  • 1889 CC Morgan
  • 1884 S Morgan
  • 1893 O Morgan

Each of these could bring in more than $100,000 to as much as $550,000, if it’s in mint condition, according to CoinTrackers. And there are still other versions of the Morgan silver dollar that can trade hands for tens of thousands of dollars.

If you like the look of the Morgan silver dollar, it won’t set you back much to buy one of the more common specimens and then you can own a piece of history without the high price tag.

BONUS: Check your change jars for these pre-1964 American silver coins

The “silver” coins of today are not really made of silver, but these low denominations at one time were! Silver coins minted before 1964 contained 90 percent actual silver, and of the coins on this list, these are the most likely to be found floating around your house or in an old garage, tied up in a shoebox or a coffee can.

Such coins include the Morgan dollar, the Mercury dime, and even Washington quarters, says Zivi.

While some of these coins may have collectible value independent of their silver content, such as some of the Morgans, the value of common coins is boosted by their bullion value. Some speculators focused on owning real silver may buy these coins for their precious metal content, rather than for their collector value.

Bottom line

Coin collecting can be a fun hobby, as you collate and sift through coins. But don’t forget that making money on collectibles creates a tax liability, too. So before you decide to turn your hobby into a business — even a side gig — examine what taxes you’ll owe on your profits. Unfortunately, a collectibles tax rate of 28 percent can be higher than rates on stocks and other financial assets.

Learn more:

Sours: https://www.bankrate.com/investing/worlds-most-valuable-coins/
Most Valuable Australian 1 Dollar Coin You Can Find in Change?

We drove up to a small coffee shop, probably the only one open at such a time. In the soft light, I finally saw my casual interlocutor: - it was a pleasant, well-groomed woman of about 35, blonde, medium height, thin. But with unusually high and large breasts, beautiful long fingers, perfect manicure and a pleasant smile.

Her name was Galya. Their coffee was surprisingly good.

Similar news:

Come on, let's eat, - having decided that I can't offer anything worthwhile. But let's go to me to order sushi, then I live alone, and sometimes I don't even have anyone to chat with.- Lena took my hand and pushed me to get into the car. I did not expect this turn of events. I was taken aback, in a word, to go to such a cool girl in the house where she lives alone, I immediately got up, and felt.



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