A coin is the smallest unit of every currency used for buying and selling items. Their roles in transactions are very minor but valuable. In ancient times a different method was used for buying and selling one of them is the barter system during the great depression in the 1930s in which a commodity is purchased or sold in exchange for another commodity. Coins are also in existence at that time but due to some reasons, they are not conquering the country. At that time king ruled the country and persist his coins of gold and silver with their names and symbols of the kingdom. At this time, the value of that coins are high and they are rare to find. In this blog, we study the rarest coins in the USA.
Collection of Coins
Heirlooms are a collection of precious things and many people get the hobby of collecting rare coins which helps them to know the historic, and artistic value of a coin along with its king or kingdom and also helps in exploring the things from the deep and expanding their knowledge. In recent years rare coins are used as investment items for long-term profits. If rare coins are stored with proper care value of the same will increase and be in condition to be passed down to future generations. They add diversity to a portfolio in stocks and bonds. Here is the list of the rarest coins in the USA.
1) Coronet Head Gold $20 Double Eagle ( 1849)
2) Silver Flowing Hair Dollar ( 1794)
3) Saint-Gaudens Gold $20 Double Eagle (1933)
4) Liberty Head Nickel (1913)
5) S Seated Liberty Dollar (1870)
6) Brasher Gold Doubloon (1787)
One of the rarest coins in the USA is Brasher Gold Doubloon created in 1787 by goldsmith Ephraim Brasher single-handedly with gold alongside copper coins when the state of New York legislature rejected his request to mint new copper coins. There are only five coins in existence of which one was sold at Heritage’s auction in 2005 for $ 2,450,000 and its worth in recent times is $9.36 million. There are hallmarks of Brashers on each coin with the eagle’s breast and other designs.