Money
Rare 1829 Capped Bust Dime Worth Over $150,000 and Four Other Must-Have Coins
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Coin collecting, or numismatics, is a captivating hobby that offers both historical insight and potential financial rewards. Certain rare coins have appreciated significantly over time, becoming highly sought after by collectors and investors alike.
In this article, we delve into the remarkable 1829 Capped Bust Dime, valued at over $150,000, and explore four other must-have rare coins that could enhance any collection.
1. The 1829 Capped Bust Dime
The 1829 Capped Bust Dime is a notable piece in American numismatic history. Designed by John Reich, this dime features a left-facing portrait of Lady Liberty donning a Phrygian cap on the obverse, symbolizing freedom. The reverse showcases an eagle clutching arrows and an olive branch, representing strength and peace.
This particular dime is distinguished by its “Curl Base 2” variety, where the numeral ‘2’ in the date has a curled base—a feature that sets it apart from other 1829 dimes. The coin’s composition is 89.2% silver and 10.8% copper, with a diameter of 18.5 millimeters and a weight of 2.67 grams.
In terms of value, the 1829 Capped Bust Dime (Curl Base 2 Variety) is estimated to be worth approximately $9,795 in average condition, with higher values for coins in superior condition.
2. The 1794 Flowing Hair Silver Dollar
The 1794 Flowing Hair Silver Dollar holds the distinction of being the first dollar coin issued by the United States federal government. Its obverse features Lady Liberty with flowing hair, while the reverse displays an eagle surrounded by a wreath.
Due to its historical significance and limited mintage of around 2,000 coins, this silver dollar is exceptionally rare. In pristine condition, it has fetched prices exceeding $10 million at auctions, making it one of the most valuable coins in existence.
3. The 1933 Saint-Gaudens Double Eagle
The 1933 Saint-Gaudens Double Eagle is a $20 gold coin that was never officially circulated due to the United States’ departure from the gold standard during the Great Depression. Although 445,500 specimens were minted, nearly all were melted down, leaving only a few surviving examples.
One of these coins sold for $18.9 million in 2021, setting a record for the most expensive coin ever sold. Its rarity and the intriguing history surrounding its existence contribute to its immense value.
4. The 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel is another legendary rarity in American coinage. Only five specimens are known to exist, none of which were officially authorized for minting, adding an element of mystery to their origin.
One of these nickels sold for over $3.7 million, highlighting its desirability among collectors. The coin features the classic Liberty Head design on the obverse and a Roman numeral ‘V’ on the reverse, denoting its five-cent denomination.
5. The 1787 Brasher Doubloon
The 1787 Brasher Doubloon is a gold coin privately minted by Ephraim Brasher, a New York City goldsmith and silversmith. It features an eagle with a shield on the obverse and the sun rising over a mountain on the reverse.
This coin is highly significant as one of the first gold coins associated with the United States. A specimen sold for $9.36 million in 2021, underscoring its rarity and historical importance.
Summary of Notable Rare Coins
Coin | Year | Notable Feature | Approximate Value* |
---|---|---|---|
1829 Capped Bust Dime | 1829 | Curl Base 2 Variety | $9,795 in average condition |
1794 Flowing Hair Silver Dollar | 1794 | First U.S. silver dollar | Over $10 million |
1933 Saint-Gaudens Double Eagle | 1933 | Never officially circulated | $18.9 million |
1913 Liberty Head Nickel | 1913 | Only five known specimens | Over $3.7 million |
1787 Brasher Doubloon | 1787 | Privately minted gold coin | $9.36 million |
*Values are approximate and can vary based on condition and market demand.
Collecting rare coins offers a unique blend of historical appreciation and potential financial gain. The coins highlighted above represent some of the most coveted pieces in numismatic circles, each with its own story and significance.
Whether you’re a seasoned collector or new to the hobby, these coins exemplify the allure and value that rare numismatic treasures can hold.
FAQs
What makes the 1829 Capped Bust Dime valuable?
The 1829 Capped Bust Dime is particularly valuable due to its “Curl Base 2” variety, historical significance, and limited availability in high-grade conditions.
Why is the 1933 Saint-Gaudens Double Eagle so rare?
Although many were minted, the 1933 Saint-Gaudens Double Eagles were never officially released into circulation and were ordered to be melted down, making surviving specimens exceptionally rare.
How can I determine the value of a rare coin?
The value of a rare coin is determined by factors such as its rarity, condition (grade), historical significance, and current market demand. Consulting with a professional numismatist or referencing reputable coin value guides can provide accurate assessments.
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