This led to the Coinage Act of 1873, which resulted in the country adopting the gold standard. In 1871, the German Empire ceased minting silver coins, which caused demand (and thus the price) of silver to plummet. The highest grade ever sold was an MS-66 that reportedly sold for around $575,000. Less than 40 have ever been graded higher than MS-63, and only three of those MS-65 or better. However, those in mint condition are extremely rare, with MS-60s going for about $3,000. The coin itself isn’t rare nor particularly valuable. Morgan silver dollars were produced in large quantities over the years, including 1901, which featured a minting of nearly 7 million coins. Only 11 of these coins have been found, with one pulling $282,000 at an auction in 2015. Rather, its value is tied to its extreme rarity. This particular coin isn’t valuable because it is an error, because it isn’t. This coin has a seven punched over the four, leaving the four partially visible underneath. Then the final digit of the year would be punched over the old one. The dies from previous years were reused to save money. Minting coins was expensive, particularly purchasing new coin dies each year. Looking at the name of this coin, you will notice the strange nomenclature regarding the date. However, those in the certified mint state have garnered as much as $215,000 at auction, with current listings hovering around $100,000. The average or lesser conditions of these coins are relatively common and therefore don’t carry much value. Opening the list of valuable coins is a coin minted in 1884, the Morgan Silver Dollar. The most valuable coin is also the first coin ever minted by the U.S. The prices indicated below apply to highly-graded coins in excellent condition. silver coins today, based on an online search of their highest-quoted sales price. This list covers the 10 rarest and most valuable U.S. Going through the coins and currency used throughout the history of our country tells the story of America itself. silver coins, is the stories the coins tell in their usage and history. Posted in UncategorizedĪrguably the most interesting part of coin collecting of any kind, particularly U.S. Written by Top Cash Buyer on December 20, 2021.
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