RARE COINS – 3
The rare coins have always been fascinating people from all walks of life. Rare coins certainly have a special appeal that attracts and relate some story.
The rare coins have some or the other story and history behind their introduction. By holding old rare coins in your hand, you feel connected with history.
You wonder and try to imagine as to how these rare coins were used in everyday life to buy necessities of life.
Choosing the rare coins for collection
Rare coins are considered as one of the best forms for the purpose of personal pleasure and investment with ample of growth potential.
Investments in collecting rare coins increase sense of ownership of valuable commodity. Yet it certainly puts investors in dilemma while choosing kind of genuine rare coins.
Most popular rare coins
Looking back to the history of coins, we find an extremely long list of rare coins. Each had a specific reason for inclusion among rare coins.
Among popular rare coins, we find:
- 1943 Lincoln Head Copper Penny
The original 1943 copper penny is made up of copper and is worth quite a bit of money and may cost around $10,000 or even more.
The reason is that 1943 copper penny is an error coin as the United States Mint accidentally used the wrong kind of planchet metal while striking the coin.
- 1343 Edward III florin
The coin shows the King Edward enthroned beneath a canopy, with two leopards’ heads at the sides.
The continental florin was based on a French coin as well as on coins issued in Florence, Italy in 1252. It was a standard coin of fine gold weighing 3.5 g.
This rare coin was widely used internationally but being underweight for their values, rejected by trading community and hence withdrawn.
- 1955 Doubled Die Lincoln Penny
The 1955 doubled die Lincoln penny is one of the most popular errors coins produced by the United States Mint. The dramatic doubling on these rare coins can be seen without magnification and reverse of coin was without doubling.
The motto i.e. “LIBERTY” and “IN GOD WE TRUST” is still prevalent.
- 1787 Brasher Doubloon
The Brasher Doubloon is a rare American coin which was privately minted in 1787 following denial of permission to to mint copper coins and hence considered as among rare coins.
However, Brasher struck various coppers after 1787 and later also minted limited edition of gold coins
One of the surviving gold coins, weighing 26.6 grams and containing .917 g of 22 carat gold, was sold at public auction for over $740,000.
some of the rare coins are not only having a reason to be categorized as rare coins but also rated as among most valuable minted coins till date.
