DailyDirt: Coins Worth More Than Gold
from the urls-we-dig-up dept
The US has stopped minting a huge surplus of dollar coins but will continue to make them in just enough quantities to satisfy coin collectors. Interestingly, coin collectors have been bidding on some extremely rare coins lately. Here are just a few examples of some valuable coins out there.- A penny from 1793 sold at a recent auction for $1.38 million. That's the most a US copper coin has ever sold for at an auction. This coin was especially rare because it was never released into circulation. [url]
- Another coin that never made it into circulation was the 1933 Gold Double Eagle -- which was printed but then retracted when US currency left the gold standard. One of them sold at an auction in 2002 for $7.5 million and continues to hold the record for the most ever paid for a gold coin. [url]
- A rare 1787 gold Brasher doubloon just sold for $7.4 million and just missed breaking the record for the value of a gold coin. It's still worth well more than its weight in gold (26.66 grams ~ $1,500). [url]
- To discover more stuff on economics, check out what's currently floating around the StumbleUpon universe. [url]
Filed Under: auction, coins, collectors, dollar, doubloon, gold, mint, penny
