Oct 122011
 

Just recently Britain’s Telegraph website published a list of the world’s ten most expensive coins.

At the head of the list is a silver Flowing Hair dollar – the first dollar coin issued by the United States federal government. In May 2005, a specimen striking from the 1794 production was sold in a private sale for US$7.85 million.

At number two is the world’s most expensive gold coin – a 1933 Double Eagle. One of the last gold coins minted by the U.S. government, a rare example fetched US$7.59 million at auction in 2002.

 

The world’s top ten most expensive coins in pictures – courtesy of Britain’s Telegraph.

 

 

The strength of the rare coin market is being reflected in Australia. Rare coin dealer Coinworks said in March that it established a new record price for any Australian coin with the sale of the ‘Hagley’ proof 1930 penny. “The final price will not be disclosed, but with a current market valuation of $1.65 million, you can be sure it has gone for a princely sum,” it said.

Details of an extremely rare proof 1930 penny and many other Australian numismatic treasures can be seen on Museum Victoria’s website.

Proof Coin – 1 Penny, Australia, 1930 – Museum Victoria.

 

  2 Responses to “The World’s Most Expensive Coins”

  1. Hi just wondering what pennys are worth anything as I know not many of them have any value

     
    • Hi Jason

      Generally speaking what you say is true, however, it also depends on rarity and quality. You probably know that a 1930 Australian penny in exceptional condition can command a seven figure sum! We suggest you search ‘Australian pennies’ or ‘Australian Pre-Decimal Coins’ on the internet to see what dealers are offering and check out ebay for what prices are being realised.

      Kind regards

      Blog Team

       

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