Which gold coins are the most valuable in the world? This is a question that most prospecting investors often ask. The answer depends on various factors, such as the material from which the coins are minted, their mintage, and their state of preservation. Investing in gold coins is a fun and historical way to preserve wealth. In this article, we will cover some of the most expensive coins in the world.
Double Eagle
The most expensive gold coin ever struck is the 1933 Saint-Gaudens Double Eagle. Roosevelt unveiled the currency in 1933; since then, its value has skyrocketed. It’s around an ounce of pure gold in this coin. One may see Lady Liberty and an eagle on the obverse of this one-of-a-kind coin. Only 500 of these one-of-a-kind coins were produced. In 2002, a single replica of the coin fetched more than $7 million at auction.
Liberty Head Nickel
One of the most costly gold coins in the world is a 1913 Liberty Head Nickel. In 1913, the coin was struck in the US. The coin was initially designed to be a three-cent piece. President Abraham Lincoln’s likeness appears on the obverse, while an eagle appears on the reverse. The front depicts Lady Liberty, while the reverse features an eagle. There’s a little more than an ounce’s worth of gold in the coin.
Wire Edge Proof Saint-Gaudens Double Eagle
The 1907 Saint-Gaudens Double Eagle Wire Edge Proof is another costly gold coin. 1907 saw the coin being struck in America. It was initially supposed to be a standout. Gold is used to make the coin, which is approximately 1 ounce in weight. Its front bears the image of President Thomas Jefferson, and its reverse depicts a buffalo.
Brasher Doubloon
In the history of coinage, the Brasher doubloon from 1787 is among the most well-known examples. New York jeweler Brasher designed the coin in 1787. Brasher was a master goldsmith who minted a wide variety of coins. Only a few, though, have made it out alive. At the time of writing, one gold coin is worth $16,000. Collectors treasure Brasher’sBrasher’s coins because they are so scarce.
The Umayyad Dinar
For non-Americans, the Umayyad Dinar holds the record for the most expensive coin. An ‘Umayyad dinar,’ as it’s known, dates from the Islamic calendar year 105, roughly equivalent to the year 723 in our calendar. In April 2011, a private individual paid 3.7 million pounds for the coin at an auction in London. Umayyad dinars are pure gold and weigh 4.3 grams each. It is thought to have been coined in Damascus during the reign of the Umayyad Caliphate. The Muslim faith is depicted on the coin’s obverse, while Umar ibn Abd al-Aziz, the Umayyad ruler, is commemorated on the reverse. Few of these coins are left, making them exceedingly precious and uncommon.
Red Kangaroo Coin
One of the most expensive coins in the world is the Australian “Red Kangaroo” coin. The one-ton, one-million-dollar gold item weighs a lot of weight. 37.6 million euros worth of resources were utilized to create the coin. With an 80-cm diameter and a thickness of 12 cm, it raises the question of whether it can be considered a coin or not.’ It’s worth significantly more than the coin’s face value of a million Australian dollars. If you’ve ever wanted to own a chunk of gold that’s both the largest and heaviest ever made, you’ll want to get your hands on the “Red Kangaroo.”
If you are interested in buying gold coins make sure to always ask about the purity of the gold. By choosing a reputable gold dealer you cut off the risk of being scammed. Click here to get to our number #1 recommended gold custodian!
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Pete