Top 6 Rarest Dollar Coins in the United States. If you are an ardent collector of items such as stamps or baseball cards, you might also be interested in the world of rare dollar coins.
This is especially true when you consider how much money you can earn for something that can be found hidden inside a couch, in the bottom of your purse, or underneath the seat of your automobile.
Coins that are centuries old or extremely rare are always in high demand and can command prices of up to ten million dollars or more.
Coin dealers, collectors, and even regular enthusiasts are always looking for that unique coin that could be the difference between barely scraping by and living the high life.
This list of rare dollar coins was compiled based on their rarity as well as their realized prices, which refers to the worth of the coin based on its most recent sale.
After taking a look at these stunning objects, we are willing to bet that you will immediately begin searching through all of your storage containers to determine whether or not you have one of these stashed somewhere. Although it’s unlikely, it never hurts to double-check, does it?
Top 6 Rarest Dollar Coins in the United States 2024
1. 1866 Proof Liberty Seated Dollar
- Is it for sale?: No
- Year: 1866
- Material: Silver
- Country/Currency: U.S. Dollar
- Estimated value: $1,207,500
However, when this coin was forged by Mint workers sometime between 1869 and 1870 for the collector and Pharmacist Robert Coulton Davis, they used archived dies that did not have the motto stamped on them.
This occurred sometime between the years 1869 and 1870. In 1866, the United States Mint forged 725 Proof Liberty Seated silver dollars that were stamped with the motto “In God We Trust” on the reverse side.
It was stated that Davis, who asked for the minting to be done, paid these laborers in opium in exchange for their labor.
There are two known specimens that do not have the motto on them, and one of them is kept in a museum. The Du Pont family had ownership of one of the paintings, but it was taken in a robbery in 1967.
After only recently being found, it was ultimately given to the Smithsonian Institution’s National Numismatic Collection as a donation.
2. 1776 Silver Continental Dollar (Eric P. Newman Specimen)
- Is it for sale?: No
- Year: 1776
- Material: Silver
- Country/Currency: U.S. Dollar
- Estimated value:$1.41 million
The newly elected members of the United States Congress did not waste much time after signing the Declaration of Independence before they began to celebrate the new nation’s independence by minting the country’s first legitimate money.
It is thought that Benjamin Franklin was the inventor of this humorous motif, which features the words “Fugio” for time flies and “Mind your business” along with 13 interlocking rings on the other side that represent the colonies.
Pewter was used in the striking of the Silver Continental Dollar in 1776, and the forging of silver pieces, which are now regarded as extremely rare, also took place.
The specimen that belonged to Eric P. Newman was the most valuable of the four known instances of silver and fetched a price of $1.4 million.
3. 1870 S Liberty Seated Dollar
- Is it for sale?: Yes
- Year: 1870
- Material: Silver
- Country/Currency: U.S. Dollar
- Estimated value: 1,959,995
Almost anything that was struck by a mint in the year 1870 is considered a valuable collectible, and this is especially true if it was produced in San Francisco, which is indicated by the letter “S” in the coin’s name.
Only a few coins were struck in the same year that work on the San Francisco Mint got underway, and an uncirculated mint state example of this silver dollar can price upwards of $2,059,861 today.
The 1870 S Liberty Seated Dollar still has a value of almost $177,000 even if it is in poor condition, and the coins that were created by the San Francisco mint are the most precious of all of the coins.
If you locate a silver dollar with an “S” under the Eagle on the reverse side of the coin, count yourself among the unfathomably fortunate few who have done so. This particular specimen is one of only 15 known examples of its kind to have ever existed.
4. 1804 Bust Dollar – Class I (Dexter-Pogue Specimen)
- Is it for sale?: No
- Year: 1804
- Material: Silver
- Country/Currency: U.S. Dollar
- Estimated value:$3,865,750
This list has the King of American coins not once, but twice; however, this time it’s the Dexter-Pogue Specimen, which has an interesting history all its own.
It was made in 1834 as part of a request from the government for special coin sets to be used for diplomatic reasons. This piece is considered to be one of the eight initial “Class I” coins.
At the tail end of the 1800s, a wealthy numismatist by the name of James V. Dexter kept this silver dollar for 14 years.
The dollar has a “D” etched into a cloud on the reverse side of the coin. According to reputable sources, the letter “D” was most likely punched by William Forrester Dunham, a collector who resided in Chicago. He was the only person in the history of the coin to hold onto it for a longer period of time.
5. 1804 Silver Dollar – Class I (The Watters-Childs Specimen)
- Is it for sale?: No
- Year: 1804
- Material: Silver
- Country/Currency: U.S. Dollar
- Estimated value:$4,140,000
Even though the United States silver dollar wasn’t really minted until the 1830s, the year 1804 is considered to be one of the most important years for coin collectors who are looking for examples such as this one. The year 1804 was a strong year for the U.S. silver dollar.
The Class I 1804 silver dollar known as the Watters-Child specimen is also regarded as the “King of American coins” due to the fact that it is the greatest example of its type that is known to exist.
It was first owned by the Sultan of Muscat in the year 1835, and today it is one of just fifteen 1804 silver dollars known to survive anywhere in the world.
Each of these dollars is worth more than one million dollars. This coin is remarkable for a variety of reasons, not the least of which is the fact that it has been handled by a great number of notable people during its long and illustrious history.
6. 1794 Flowing Hair Silver Dollar
- Is it for sale?: Yes, Grade Fine-12 is worth approximately $150,000
- Year: 1794
- Material: Silver
- Country/Currency: U.S. Dollar
- Estimated value:$10,016,875
When the United States Mint was originally formed in 1794, it began production of the official one-dollar coins that would later bear its name.
On the obverse of the 1794 Flowing Hair silver dollar coin, which depicts Liberty with long, flowing hair on one side of the coin, there are only about 150 copies left in existence today. These coins were produced in very small amounts.
This specimen was the first American dollar coin to be minted prior to the production of paper dollars, which launched the tradition of the silver dollar.
In 2013, Specimen-66 was purchased for more than $10 million, so if you come across one, it is imperative that you have it authenticated by a reliable third-party coin authentication business as soon as possible owing to the prevalence of counterfeiting.
In spite of the fact that quite a few of these were initially struck, they are now considered the rarest US dollar coin because of their prestige, as well as the value and scarcity of Specimen-66.
This collection of rare dollar coins, each of which comes with its own distinct tale and background that is deep in American history, should hopefully have been enjoyable to collectors and newbie enthusiasts out there who are interested in numismatics.
Perhaps one day you’ll find one of your own, perhaps tucked away in the cushions of the couch, perhaps as a result of an inheritance, or perhaps from sheer good fortune.
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Top 6 Rarest Dollar Coins in the United States – Newshub360.net
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