Rare Bicentennial Quarter Worth Nearly $90 Million: 3 More Worth Over $50 Million USD : The discovery of rare and expensive coins in the field of numismatics never ceases to enthrall collectors and aficionados. The numismatic industry was shocked to learn recently about a rare bicentennial quarter estimated to be valued close to $90 million USD. Let’s examine three more coins that have each sold for more over $50 million USD as we delve into the history of this remarkable coin.
Rare Bicentennial Quarter Worth Nearly $90 Million: 3 More Worth Over $50 Million USD
The Rare Bicentennial Quarter:
The 1976 D Washington Quarter in question is a bicentennial quarter that was struck on a 40% silver planchet meant for proof coins. This coin stands out due to its unusual composition and minting fault. It is extremely unusual since it was minted on a silver planchet rather than the common copper-nickel clad planchet. The coin’s fine details and immaculate condition further serve to increase its appeal.
This unique bicentennial quarter is one of the most costly coins ever found, with an estimated worth of $87.5 million USD. Its historical significance, rarity, and immaculate condition have catapulted it into legendary status in the numismatic field. The coin was discovered by its present owner, who prefers to be unknown, while going through a collection that was passed down from a relative. This illustrates the erratic nature of numismatic finds.
The 1794 Flowing Hair Silver Dollar:
The 1794 Flowing Hair Silver Dollar is another coin with an incredible value. This coin, which was struck in the early days of the United States Mint, is notable for being the first silver dollar produced by the just formed mint. The Flowing Hair Silver Dollar, created by famous artist Robert Scot, has an eagle on the reverse and a depiction of Liberty on the obverse.
Since there were so few of these coins produced in 1794, collectors greatly value their extreme rarity. One of the rarest coins in existence, the 1794 Flowing Hair Silver Dollar, made history in 2013 when it sold for an unprecedented $10 million USD at auction. It is a valued asset to any numismatic collection due to its historical relevance, scarcity, and classic design.
The 1933 Double Eagle:
One of the most notorious coins in the history of numismatics is the 1933 Double Eagle. The 1933 Double Eagle, which was minted during the Great Depression, was never formally put into circulation because of the termination of the gold standard and the American government’s subsequent recall of gold coins. Still, very few of these coins were spared from destruction, which makes them extremely uncommon.
Ten 1933 Double Eagles that turned up in the collector market in 2002 led to a legal dispute between the United States government and a British coin dealer. Following a protracted legal dispute, the U.S. government was declared the lawful owner of the coins, which were declared to be stolen property. But in 2002, one coin was deemed lawful to own and went on to sell for more than $7.5 million USD at auction, making it one of the most valuable coins ever sold.
The 1933 Double Eagle’s appeal is derived from its historical significance, rarity, and the mystery surrounding its contentious past. The 1933 Double Eagle, though it was coined more over ninety years ago, nevertheless attracts collectors and fetches enormous prices whenever it is offered for sale.
Conclusion
There are several tales about valuable and uncommon coins that defy belief in the field of numismatics. The persistent fascination with coins and currencies is demonstrated by gems like the 1933 Double Eagle and the 1794 Flowing Hair Silver Dollar, as well as the discovery of a unique bicentennial quarter valued at around $90 million USD. The fascination with rare coins will surely never go away, capturing the interest of future generations as collectors look for the next big find.