Coin collecting isn’t just about spare change and old currency—it’s a journey through history, mystery, and sometimes, massive value. Whether you’re a seasoned collector or just starting out, certain rare coins are guaranteed to blow your mind. Some are so rare they’ve fetched millions at auction—including a quarter rumored to be worth a jaw-dropping $90 million.
Let’s look into three legendary coins that every collector should know about. You might just find a similar one hiding in your drawer or passed down in a family collection.
Overview
| Coin | Key Features | Reported Value |
|---|---|---|
| 1933 Double Eagle | Last U.S. gold coin before gold standard ended | $18.9 million (2021) |
| 1913 Liberty Head Nickel | Only five known; illegal mystery coin | $3.7 million (2010) |
| 1943-D Bronze Lincoln Cent | Wartime minting mistake on bronze instead of steel | $840,000 |
Why Coins Become Valuable
Three main factors turn ordinary coins into million-dollar collectibles:
Rarity
Coins that were never meant to exist—or were produced in very small numbers—can be incredibly valuable. The rarer the coin, the more collectors are willing to pay for it.
Condition
Coin condition is measured using the Sheldon Grading Scale. A coin in mint or near-mint condition (MS65 and above) will fetch a far higher price than a worn or damaged one.
Historical Significance
Coins from important periods in history, such as war times or economic shifts, often hold strong appeal and value due to their story and symbolism.
1933 Double Eagle
This coin is often called the “holy grail” of American coin collecting.
- Why it’s unique: Although over 445,000 were minted, most were never released due to President Roosevelt’s decision to take the U.S. off the gold standard.
- What happened: Almost all were melted down. Just a few escaped destruction, making them ultra-rare.
- Record sale: One sold for $18.9 million in a 2021 Sotheby’s auction.
This coin isn’t just gold—it’s history sealed in metal.
1913 Liberty Head Nickel
This coin wasn’t supposed to exist, which is part of what makes it so fascinating.
- Mint mystery: Production officially ended in 1912, yet five 1913-dated Liberty Head Nickels appeared years later.
- Collectors’ favorite: It was once owned by King Farouk of Egypt and featured on national TV.
- Auction highlight: One sold for $3.7 million in 2010.
The backstory? Rumors suggest a rogue mint employee struck these coins illegally, adding a touch of scandal to their value.
1943-D Bronze Lincoln Cent
During World War II, the U.S. Mint switched from copper to steel to conserve metal for the war effort. But a few bronze planchets accidentally remained in the system.
- What went wrong: A small number of bronze pennies were minted at the Denver Mint.
- Why it matters: Their accidental production makes them extremely rare.
- Sale spotlight: A coin graded MS64 sold for $840,000 at auction.
This is the kind of coin that could slip past the average person—and change your life if you catch it.
How to Spot a Rare Coin
Don’t overlook your own pocket change or inherited stash. Here’s how to start identifying value:
1. Check the Date
Look for unusual years like 1943 (for pennies) or 1913 (for nickels). Research limited mintage years.
2. Look for Errors
Double-die stamps, off-center prints, or incorrect metal usage can mean big money.
3. Examine the Condition
Avoid cleaning coins. Preserve them as-is and inspect with soft lighting or a magnifier.
4. Use a Magnifying Glass
Tiny mint marks (like “D” or “S”) and subtle imperfections can reveal rare features.
Getting Started with Coin Collecting
Want to begin your own collection—or take it to the next level?
Step 1
Grab a copy of The Official Red Book of United States Coins. Also, follow numismatic forums and YouTube collectors for updated info.
Step 2
Begin with affordable coins or U.S. Mint sets to learn without overspending.
Step 3
Coin clubs, Facebook groups, and online forums are great places to ask questions and find support.
Step 4
Use coin holders, folders, and storage boxes. Avoid extreme heat, humidity, or handling with bare hands.
Step 5
Keep a simple spreadsheet or use collector apps to record what you own, what you paid, and any certificate details.
Coin collecting is part passion, part treasure hunt. Whether you’re chasing million-dollar legends or enjoying small discoveries, every coin has a story. And who knows? Your next find could be more valuable than you think.
FAQs
What coin sold for $90 million?
Rumors suggest a rare quarter, but it’s not officially confirmed.
How can I tell if my coin is rare?
Check its date, mint mark, condition, and research known rarities.
Is the 1933 Double Eagle legal to own?
Only a few examples are legally owned; most were reclaimed by the U.S.
Where can I sell a rare coin?
Try Heritage Auctions, eBay, or a reputable coin dealer.
Are coins from the 1940s valuable?
Some, like the 1943 bronze penny, are very valuable if rare or with errors.
