Rare coin collecting is an exciting and valuable hobby for many people. Collectors search for coins that have historical significance, unique designs, or are in mint condition. This article highlights some of the rarest collector coins offered at a recent auction, including an MS60 1893-S dollar and a rare 1795 Flowing Hair dollar. Each of these coins holds a special place in U.S. numismatic history and is highly sought after by collectors.
1893-S Dollar: A Rare Morgan Dollar
The 1893-S Morgan Dollar is one of the rarest and most valuable coins in American coin collecting. This specific coin, graded at MS60, is remarkable not just for its scarcity but for its excellent strike and appealing design. Despite a few scattered marks, this coin is in outstanding condition and has the potential to increase in value if re-graded in the future.
1795 Flowing Hair Dollar: A Historic Coin
The 1795 Flowing Hair dollar is one of the first silver dollars ever produced in the United States. The MS61 coin being auctioned is a B-5, BB-27 variety, which is known as one of the most collectible types. As the first of its kind, it stands out among other historical coins due to its rarity and early American design.
| Coin Name | Grade | Estimated Value |
|---|---|---|
| 1893-S Morgan Dollar | MS60 | $1,000,000+ |
| 1795 Flowing Hair Dollar | MS61 | $500,000 – $800,000 |
| 1848 CAL. Quarter Eagle | AU58 | $300,000 – $500,000 |
| Other Rare Coins | Grade | Estimated Value |
|---|---|---|
| 1937-D Three-Legged Nickel | MS66 | $200,000 – $300,000 |
| 1776 Continental Dollar | AU55 | $150,000 – $250,000 |
| 1907 High Relief Double Eagle | MS66+ | $1,000,000+ |
1848 CAL. Quarter Eagle: The First U.S. Commemorative Coin
One of the most fascinating coins in the auction is the 1848 Quarter Eagle stamped with “CAL.” on the reverse. This was the first U.S. coin to commemorate a special event, with gold from California used in its minting. It represents a significant moment in U.S. history, capturing the California Gold Rush era.
Other Rare Coins in the Auction
This auction also features other incredible coins, such as:
- 1776 Continental Dollar in AU55 condition
- 1937-D Three-Legged Nickel, a well-known error coin, in MS66 condition
- 1852 Restrike Silver Dollar, graded PR64
- 1884-S Morgan Dollar, in MS63
- 1914 Quarter Eagle in PR67
- 1907 High Relief Double Eagle, a beautifully designed coin in MS66+ condition
Conclusion
Coin collectors and enthusiasts will find this auction’s offerings to be highly appealing. From the rare 1893-S Morgan dollar to the historic 1795 Flowing Hair dollar and the 1848 CAL. Quarter Eagle, these coins represent milestones in U.S. numismatic history. Each coin not only holds significant value but also tells a story of America’s financial and cultural past.
FAQ’s
What makes the 1893-S Morgan Dollar so valuable?
The 1893-S Morgan Dollar is rare because of its low mintage and high demand among collectors. Coins in mint condition are even more valuable.
Why is the 1795 Flowing Hair Dollar significant?
It’s one of the first silver dollars minted in the U.S., and its historical importance makes it a prized coin.
What is special about the 1848 CAL. Quarter Eagle?
It was minted with gold from California and is considered the first U.S. commemorative coin.
What is a “Three-Legged” Nickel?
The 1937-D Three-Legged Nickel is a rare error coin where one of the buffalo’s legs appears missing.
How can I start collecting rare coins?
Start by researching coins, attending auctions, and joining coin-collecting clubs to learn more about numismatics.