![]() Mint produced these coins from 1907 to 1933. Collectors agree that this is one of the most attractive U.S. President Theodore Roosevelt enlisted the help of designer Augustus Saint-Gaudens to mint this coin. In 2021, Heritage Auctions broke this record by selling a Brasher Doubloon for $9.36 million. At the time, this was the highest price anyone had paid for a coin made in the United States. ![]() In 2005, Heritage Auction Galleries sold three styles of the Brasher Doubloon to private collectors, with one coin fetching nearly $3 million.Ī Wall Street investment firm bought one for $7.4 million in 2011. One Brasher Doubloon sold at auction for $625,000 in 1981. The coin had a value of $16 and contained 26.6 grams of 22-karat gold. 1787 Brasher DoubloonĮphraim Brasher minted this gold coin in 1787 after the State of New York denied his petition to mint copper coins. The British Museum holds the remaining two, which were found in 1857 in the Tyne River. One Edward III Florin sold at a 2006 auction for £460,000, which is nearly $600,000 in today’s U.S. ![]() Only three of these extremely valuable coins have survived the centuries. Encircling the image is the wording, “EDWR D GRA REX ANGL FRANC DNS HIB,” which translates to, “Edward, by the Grace of God King of England and France, Lord of Ireland.” The reverse side shows the king enthroned under a canopy. Emblazoned on this side is the phrase, “IHC TRANSIENS PER MEDIUM ILLORUM IBAT,” which means, “But Jesus passing through their midst went his way.” One side of the coin features the royal cross and images of leopards. But merchants saw that the coin was incorrectly tariffed and refused to accept it, so England withdrew it from circulation after just a few months. It had a value of six shillings and contained nearly seven ounces of pure gold.Įdward III wanted to make a coin that could be used in England and Europe. King Edward III introduced this gold coin in 1343. This makes it the most expensive coin ever sold. This last coin is known as the Weitzman Specimen because Stuart Weitzman purchased it for $7.59 million in 2002, then sold it at auction for $18.8 million in 2021. An anonymous private owner holds the final coin. National Numismatic Collection holds two others. Fort Knox Bullion Depository, and the U.S. Of these, 10 specimens reside in the U.S. Today, only 13 known specimens of the 1933 Double Eagle remain. ordered all 1933 Double Eagles melted down, but thieves rescued 20 coins and eventually sold them to collectors. The government minted 445,500 specimens, but none were ever officially circulated. Minted in the United States, the 1933 Double Eagle has a face value of $20. How much is a gold coin worth today? If you own one of these specimens, you could be holding a gold coin that’s worth millions of dollars. Because many nations stopped making gold coins, their rarity eventually caused their value to skyrocket. You may have heard this referred to as the “gold standard.”Īmerica abandoned the gold standard around 1933 due to gold hoarding during the Great Depression. By the late 19th century, many of the world’s currencies were tied to gold at a specific price per ounce. Gold coin mintage quickly spread to cultures around the world. The rest, as the saying goes, is history. King Croesus invented gold coins during the sixth century BCE in Lydia (an area that’s now part of Turkey). People originally used raw gold as a trading material. A Brief History of Gold CoinsĪncient cultures recognized the value of gold as early as the Bronze Age. They also feature a high value-to-weight ratio – a single gold coin could be worth thousands of dollars or more.īelow, learn about the world’s most valuable gold coins and the fascinating history behind each specimen. Gold is a popular choice for investors because these coins tend to retain their value and beauty over time. Whether you’re a seasoned coin collector or just taking your first steps into precious metals investment, you’re likely quite familiar with the value of gold coins. ![]() ![]()
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