The Top 9 Rarest U.S. Coins
While many coin collectors can’t afford rare coins, enthusiasts of all budgets still enjoy learning about which coins are the rarest. Rarity, however, is often subjective.
In some cases, coins that are widely considered rare are actually more abundant than people think. Even coins minted in the thousands can be deemed rare due to limited availability of specific dates to meet the demand of collectors.
Although countless rare coins exist, let’s explore nine of the most coveted coins that many collectors chase after.
1. 1909-S VDB Lincoln Cent
One of the most recognizable coins, even for non-collectors, is the 1909-S VDB Lincoln cent. With 484,000 coins minted, there are more of these coins than many realize. However, demand far outstrips supply. Values have surged in recent years, with even worn examples fetching at least $1,000, and uncirculated specimens going for $2,000 to $3,000 or more. Even corroded versions can command hundreds of dollars.
2. 1943 Bronze Lincoln Cent
During World War II, the U.S. Mint produced steel pennies to conserve copper. However, some copper blanks were still used by accident, resulting in about 40 bronze examples of the 1943 cent. These coins have appeared in circulation on rare occasions, and each one is valued at around $100,000 or more in recent years.
3. 1913 Liberty Nickel
The 1913 Liberty nickel is a highly coveted coin among collectors. Only five were made, and when they occasionally go to auction, they attract considerable attention, often selling for millions. One such coin recently fetched $3.7 million.
4. 1916-D Mercury Dime
The 1916-D Mercury dime is an important piece for collectors of the series. With only 264,000 minted, there aren’t enough of these coins to satisfy the demand. A well-worn but undamaged example will typically cost at least $1,000.
5. 1901-S Barber Quarter
The 1901-S Barber quarter is a favorite among collectors but remains elusive due to its high price and low mintage of just 72,664. Prices for this coin range from $5,000 to $20,000 for coins in moderate to well-worn condition.
6. 1916 Standing Liberty Quarter
The 1916 Standing Liberty quarter is highly sought after due to its low mintage of 52,000 and being the first year for the design. This coin is also famous for depicting a bare-breasted Miss Liberty, which was later modified in 1917. Prices for low-grade, uncleaned, undamaged examples range from $3,000 to $5,000.
7. 1804 Bust Silver Dollar
The 1804 Bust silver dollar is one of the most famous rare coins worldwide. A total of only 15 examples were made, including a few U.S. Mint-made restrikes in the 1830s as part of special proof sets. This coin can command over a million dollars, with one example selling for $4.1 million in 1999.
8. 1893-S Morgan Dollar
Though not as expensive as the 1804 Bust dollar, the 1893-S Morgan dollar is still a prized possession. With only 100,000 minted, collectors often need to save up to purchase one, with examples in Very Fine grades starting at $7,000. Higher-quality examples can go for over $100,000.
9. 1933 Double Eagle
The most expensive coin on this list is the 1933 Double Eagle. Part of a series known for its beauty, the Saint-Gaudens double eagle was produced from 1907 to 1933, with 445,000 coins minted in 1933. However, most were melted down by the U.S. Mint, and only 13 remain today. One example was sold at auction for $7.5 million in 2002.
FAQ
What makes a coin rare?
A coin’s rarity can be influenced by factors like low mintage, historical significance, errors during production, or a high demand among collectors. Even coins that were once produced in large numbers can become rare due to the limited supply available today.
How can I tell if my coin is rare?
To determine if your coin is rare, consider factors like its year, mintmark, condition, and any unique characteristics or errors. Consulting a professional numismatist or using resources like coin value guides can help you assess its rarity.
Why are some rare coins so expensive?
Rare coins are expensive due to their scarcity, historical value, and high demand among collectors. Coins that are in excellent condition or have unique features tend to be the most valuable.
Can I find rare coins in circulation?
While it’s highly unlikely to find rare coins in regular circulation, there are occasional discoveries of rare coins that were mistakenly released. These finds are extremely rare and often happen through sheer luck.