Introduction
It is common practice among people who collect coins and numismatists to always look for special and special coins that can be sold on the market for a very high price in auctions. And these tender sets include the Bicentennial Quarter which has been recently estimated to be worth $31 million. However, it will not be the only coin to describe such record-endowed face value for itself.
For details there are at least six other coins circulations that have crossed the $50 million mark and are among the rarest and most valuable coins in circulation today. Let’s see these incredible artefacts and the story behind them.
Bicentennial
The 1976 Bicentennial Quarter which was to mark the countries 200th birthday is another interesting piece of the coin collection. All of them were produced from an alloy containing copper and nickel, but one unique specimen was struck on a 90% silver plano. This mistake used a typo on what should have been a normal quarter and created a $31 million relic piece.
6 Other Rare Coins Worth Over $50M
1794 Flowing Hair Quarter
The Flowing Hair Quarter has being recognized as one of the earliest American quarters and was produced in 1794. Someone painted it with Lady Liberty shedding her hair, signifying liberty of the country. Its worth is over $50 million, and it’s an extremely rare and important coin, which makes it the crown gem of every collection.
1804 Draped Bust Quarter
The 1804 Draped Bust Quarter is another extraordinary dollar coin and worth more than $50 million now. Its design illustrates Lady Liberty in draped gown with the image of an eagle at the back side. Some of these coins were traded for their silver content and many others lost due to the vagaries of time hence when those that survived are to be bought their value is normally very high.
1823/2 Overdate Quarter
In some instances, the mistake is worth its weight in gold. The $50+ million 1823/2 Overdate Quarter was made when the mint mistakenly put “1823” over “1822” on a die. Instead, the error made this coin probably the most popular coin in history, if we consider the amounts people spent to obtain it.
1838 Proof Liberty Seated Quarter
The 1838 Proof Liberty Seated Quarter is important for more than the obvious reasons, including its design and scarcity. Struck to high standards as were other types of coinage to have a mirror like field, proof coins were minted in limited numbers. Called Liberty of the Rock, this coin is incredibly detailed and should be valued over $50 million.
1870-S Liberty Seated Quarter
The actual story behind the 1870-S Liberty Seated Quarter is quite dramatic. Produced in San Francisco, majority of these quarters were burnt. These few that survived this disaster have become very scarce and some can be valued at above $50 million.
1916 Standing Liberty Quarter
The 1916 Standing Liberty Quarter features a new design where Liberty is standing for liberty and progression. During its first year of production, very few were issued, meaning that it is among the hardest to find quarters. Currently the company is worth over fifty million dollars.
Conclusion
The world of rare coins is full of hidden treasures of great value due to their rarity, historical significance and collectability The $31 million bicentennial quarter simple coin piece is a prime example of how it can be a highly sought after art. Six other coins in excess of the $50 million threshold are just another part of what makes the numismatic world an exciting arena for collectors and enthusiasts. So, when you come across an old coin, it’s always worth looking closer—you may just be holding a fortune!
FAQ’s
What are the reasons behind its price citation in our monetary value?
It is among the first quarters of America and very scarce.
What is a proof coin?
There are generally matching specimens; they are usually minted with a highly brilliant surface.
What is the value of the pre 1976 Bicentennial quarter?
A silver version of the watch is extremely limited and just one piece was sold at $31 million.
