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3 of the Most Sought-After Rare Coins

Aug 02, 2022

Do you often dream of finding a treasure hidden in an old dresser drawer? While that might be the stuff of dreams, you never know what you may find. This is why it helps to know some of the rare and valuable coins in case you find some loose change that's worth more than you could ever imagine. There are lots of rare coins, some of them made from gold. According to Coin Week, Florence, Italy was the first city to create its own gold coins in 1252. While they might not be gold, these three rare coins are certainly ones to watch out for.


1. The 1794 Flowing Hair Silver Dollar

This is probably the most expensive coin ever sold. Some rare coin experts believe that it was the first dollar created by the United States Mint. The coin has a front that features a profile of Lady Liberty with flowing hair. The backside of it pictures a bald eagle. The United States produced at most 1,800 of these coins. According to modern-day experts, the number of remaining Flowing Hair Silver Dollars is less than 130. This makes it one of the rarest coins out there. In 2013, this coin was sold at an auction for a little over $10 million dollars.


2. The 1787 Fugio Cent

While this coin may not have set astronomical records, it still makes the list of one of the rarest coins out there. It also has quite an interesting history. Also known as the Franklin cent, this coin is thought to be the first-ever circulated when the United States was formed. The coin features a sun and sundial together with a Latin motto. The bottom of the coin carries the words “mind your business.” This is an invocation for the bearer of the coin to literally take care of their business affairs. On the back, the coin features the words “We are one” and 13 links in a chain symbolizing America's first 13 states.


3. The 2007 Million Dollar Canadian Gold Maple Leaf

This is a novelty coin. It has also been said to be the heaviest coin in the world, as it's made of 100kg of pure gold. The coin is one of only six solid gold coins that have ever been made. Each face of the coin has a value of $1 million. When they were made, these coins were used as promotional show pieces. This coin was also certified by the Guinness Book of World Records as the largest in the world. The front of the coin shows Queen Elizabeth II and the reverse displays a Canadian maple leaf.


These are some of the rarest coins in the world. They may even be the most expensive. Coin collecting can be an exciting hobby, but there's much more to it than just knowing rare coins. Get in touch with Center Gold today to take a look at our coin inventory.

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