5 of the most precious rare coins in the world. The most expensive is worth €11 million
Rare coins are capable of attracting the attention not only of collectors, but also of numismatic enthusiasts and beginners in the sector.
The idea of finding a treasure hidden in an old dresser drawer or in the attic is appealing to many of us.
Getting rich with some spare change found at home is a remote scenario to say the least, but you may still be able to find some rare coins that are worth much more than you would expect.
As unlikely as it is that you own the 5 most valuable rare coins in the world, it's worth finding out what they are and what stories they carry with them.
5 rare coins among the most precious in the world Below we report 5 of the most precious rare coins in the world: 1) The Flowing Hair silver dollar of 1794 The Flowing Hair silver dollar of 1794 stands at the top of the list of the most expensive coins ever sold, at least for now.
Some experts believe it was the first silver dollar minted by the U.S.
Mint.
The front features a profile of Lady Liberty with flowing hair, while the back features an eagle, the symbol of America.
Fewer than 1,800 of these coins were produced; experts estimate that the number of remaining coins is between 120 and 130.
The coin was sold at auction for 12 million dollars (about 11 million euros) in 2022.
read also These 10 rare coins are also worth 1,000,000 euros 2) The Brasher Doubloon of 1787 The Brasher Doubloon was made by Ephraim Brasher, a goldsmith and silversmith from New York, at the end of the 18th century.
The front of the coin shows a state seal with a rising sun, while the reverse shows the American eagle with a shield.
The coin is very rare.
At an auction in 2011 the version of the doubloon with Brasher's “EB” signature on the eagle's breast fetched nearly $7.4 million, while in 2018, through a private sale, another doubloon with the EB signature on the wing it sold for over $5 million.
Furthermore, a Brasher doubloon was sold for the record sum of $9.36 million in January 2021.
3) The 1787 Fugio cent The Fugio cent (or Fugio cent) did not set astronomical records as in the case of the two coins rare precedents, but it is certainly an expensive collector's item and brings with it a rather interesting history.
The Fugio cent, also known as the Franklin cent, named after founding father Benjamin Franklin, may have been the first coin circulated in the newly formed United States.
In keeping with Franklin's humor, the coin shows a sun and a sundial with the Latin motto “fugio,” suggesting that the sun and time fly away.
At the bottom, the coin bears the words “mind your business” (“mind your business”, in Italian), an exhortation to the bearer to literally pay attention to their own affairs.
The reverse of the coin shows the motto "We are one", with 13 links of a chain to symbolize the first 13 American states.
Some Fugio cent examples cost as little as a few hundred dollars, making it an affordable investment for a rare coin with such an interesting history.
But coins in excellent condition can fetch up to $10,000, while some extremely rare variants can sell for tens of thousands of dollars.
4) 723 Umayyad Gold Dinar The 723 Umayyad Gold Dinar is one of the most popular Islamic coins among collectors.
It was minted from gold mined in a place owned by the caliph.
It is the first Islamic coin to mention a location in Saudi Arabia.
According to experts, there are about a dozen examples of this coin.
In 2011, one of these was sold at auction for 3.7 million pounds (around 4.3 million euros).
read also This 1 cent coin is worth almost 7,000 euros 5) Edward III gold florin from 1343 Another of the most expensive coins in the world is an old florin.
The 1343 Edward III florin is only one of three gold coins of this type known to exist.
Two specimens are held in the British Museum in London, both found in the River Tyne, England, in 1857.
The third coin was found by a prospector with a metal detector in 2006.
One side of the coin shows King Edward III on his throne with two leopard heads on either side, while the reverse shows the Royal Cross within a four-leaf clover.
Due to its depictions, the coin is also known as the “Double Leopard”.
The coin found in 2006 sold at auction for 480,000 pounds (611,000 euros), a record at the time for a British coin.
The coin is now estimated to be worth around $6.8 million.