European coins have a long and fascinating history that goes back to the Roman Empire. However, mass production of coins didn’t start until later when there was a big increase in silver coins. This change marked an important shift in the early medieval economy, as noted by Chemical & Engineering News. While ancient coins are often worth a lot of money on the collectibles market, modern coins can also fetch impressive prices.
In this article, we will explore some of the most valuable European coins, especially those that are considered “pattern” coins. These coins were made as design models and were not released to the public. Some of these pattern coins can be worth over $1 million! We will also look at several other rare coins that collectors highly value. It’s important to remember that the condition of a coin significantly affects its value, and the prices mentioned are just estimates.
| Coin Name | Year | Value | Description |
|---|---|---|---|
| 1937 Edward VIII 5-Pound Pattern Coin | 1937 | $2.28 million | A famous pattern coin, never circulated, with very few known examples. |
| 1839 Victoria Gold Proof 5-Pound Coin | 1839 | $1.44 million | Part of a limited series, highly sought after for its historical significance. |
| 1839 Victoria Gold Proof 5-Pound Coin | 1839 | $1.15 million | Another version of the Victoria gold proof, prized for its design and rarity. |
| French 20 Euro Cents Reverse Mule | 2002 | $1,265 | Unique coin with no “heads” side and two “tails” sides, making it a collector’s favorite. |
| Vatican Euro Coin Mule With Two Reverses | 2002 | $2,875 | Features two reverse designs instead of the usual obverse and reverse, enhancing its rarity. |
| 1270 French Louis IX, Royal d’Or de Noyon | 1270 | $60,000 | A rare coin with only six examples known, featuring a unique design. |
| 1670 French Louis XIV 15 Sols | 1670 | $132,000 | Struck for France’s New World colonies; few remain today due to limited circulation. |
| 1871 Spanish Amadeo I Gold Specimen 100 Pesetas | 1871 | $240,000 | Rare gold coin, produced during the brief reign of King Amadeo I. |
| 1640 French Louis XIII 10 Louis d’Or | 1640 | $456,000 | Largest denomination ever produced in France, very few in existence today. |
| 1663 British Charles II Silver Pattern ‘Petition’ Crown | 1663 | $960,000 | A masterpiece by engraver Thomas Simon, with fewer than 20 known examples. |
| 1831 British William IV 5-Pound Coin | 1831 | $1.148 million | Known for its extraordinary detail and one of the greatest rarities in British coinage. |
What Are Pattern Coins?
Pattern coins are special coins created to test new designs. They are not intended for regular circulation, which makes them rare and often very valuable. Because they are not widely produced, collectors seek them out, and their prices can skyrocket.
Most Valuable Rare European Coins
1. 1937 Edward VIII 5-Pound Pattern Coin: $2.28 million
This is one of the most famous pattern coins in the UK. It was never released for circulation, which makes it incredibly rare. Only a few examples exist, contributing to its high value.
2. 1839 Victoria Gold Proof 5-Pound Coin: $1.44 million
This coin is part of a small series of gold proof coins. Its historical significance and limited mintage make it a top choice for collectors.
3. 1839 Victoria Gold Proof 5-Pound Coin: $1.15 million
Similar to the previous one, this coin also showcases Queen Victoria and is highly sought after due to its rarity and design.
4. French 20 Euro Cents Reverse Mule: $1,265
This unusual coin has no “heads” side (obverse) and two “tails” sides (reverse). Both sides display the value of “20 Euro Cents,” making it a unique find.
5. Vatican Euro Coin Mule With Two Reverses: $2,875
This rare Euro coin features two reverse designs instead of the standard obverse and reverse. One side has a 20-cent design, while the other has a 50-cent design, making it interesting for collectors.
6. 1270 French Louis IX, Royal d’Or de Noyon: $60,000
This coin has a fascinating history, with only six examples known to exist. It features a crown of thorns, which adds to its mystery and value.
7. 1670 French Louis XIV 15 Sols: $132,000
This coin was struck for use in France’s New World colonies. Although around 40,000 were minted, very few remain today, making it valuable.
8. 1871 Spanish Amadeo I Gold Specimen 100 Pesetas: $240,000
This gold coin is rare because King Amadeo I’s reign lasted only about two years, limiting its production.
9. 1640 French Louis XIII 10 Louis d’Or: $456,000
This coin is the largest denomination ever produced in France, with very few examples still in existence.
10. 1663 British Charles II Silver Pattern ‘Petition’ Crown: $960,000
This coin is considered a masterpiece, created by famous engraver Thomas Simon. With fewer than 20 known examples, it is extremely rare.
11. 1831 British William IV 5-Pound Coin: $1.148 million
This coin features extraordinary detail and is one of the greatest rarities in British numismatics, with only six to ten known to exist today.
Tips for Collecting Coins
If you’re interested in starting your own coin collection, here are some tips to keep in mind:
1. Do Your Research
Before buying any coins, learn about their history and value. Knowing what to look for will help you make informed decisions.
2. Check the Condition
The condition of a coin is very important. Look for coins that are well-preserved and free of damage.
3. Join a Club
Consider joining a coin collector’s club. This can help you connect with other collectors and learn more about your hobby.
4. Be Patient
Building a collection takes time. Don’t rush into buying the first coin you see. Take your time to find coins that truly interest you.
5. Store Your Coins Properly
Make sure to store your coins in a safe place. Use protective holders or albums to keep them safe from damage.
Conclusion
Collecting rare European coins can be an exciting and rewarding hobby. From ancient coins that tell stories of the past to modern coins that capture unique designs, there is a wide variety of options for collectors. Pattern coins, in particular, hold great value and significance due to their rarity. Whether you’re just starting or have been collecting for a while, understanding the history and value of these coins can enhance your experience. Remember to do your research, check the condition, and enjoy the process of building your collection.
FAQs
What are pattern coins?
Pattern coins are special coins created to test new designs. They are not intended for regular circulation, which makes them rare and valuable.
Why are some coins so valuable?
The value of a coin can depend on several factors, including its rarity, historical significance, and condition. Coins that were never released to the public, like pattern coins, often fetch higher prices.
How can I start collecting coins?
To start collecting coins, research different types of coins and their values, decide on a specific area of interest, and begin purchasing coins that intrigue you. Joining a coin collector’s club can also help you connect with other enthusiasts.
What should I look for when buying coins?
When buying coins, check their condition, authenticity, and historical background. Coins in better condition are generally worth more, so ensure they are well-preserved.
Where can I find rare coins to add to my collection?
You can find rare coins at coin shops, online auctions, coin shows, and estate sales. Always verify the authenticity and value of the coins you consider purchasing.