Coin collectors know that some coins hold more value than others. This is true not just of American coins but of coins from all across the globe. Let’s take a look at some of the most valuable coins in the world to give you some inspiration for your collection.
Edward III
This rare coin was originally minted all the way back in medieval times and circulated in the mid-1300s. It is one of the oldest and rarest coins in the entire world. As such, it comes with a value of a whopping $6.8 million. There are believed to be only three of these coins left in existence, so this coin is a collector’s Holy Grail.
Queen Elizabeth II – Gold Canadian Maple Leaf
This Canadian coin is valued at about $4 million. Not only is it one of the most expensive coins in the world, but it is also the heaviest. It weighs in at 100 kilograms of pure gold. Even the face value of the coin is high, claiming $1 million when used as currency. For a coin this special, though, you’d be much better off keeping it in your collection than trying to spend it.
1911 Canadian Silver Dollar
Only three of this coin were ever made, and two of them are on display at the Canadian Currency Museum in Ottawa. That leaves just one of these coins out there for collectors, making this coin a true prize. The last time this coin sold, at a collectors’ auction in 2003, it fetched a price of $1 million.
Choosing Investment Coins
When looking for coins to add to your collection as investment pieces, it is important to think not just about the coin’s current value, but also its projected value in the future. For example, let’s say a particular coin you are looking to buy has a current value of $1 million. However, because it is an older coin, its value is not projected to rise much in the next 20 years, going up to about $1.2 million. Of course, $200,000 is no shabby return, but it is relatively small compared to the price you paid to buy the coin.
If you are looking to invest in coins, you will likely get a better return on your investment if you look to more recently minted coins. You’ll pay far less to buy the coin in the first place, and the value will multiply over time as the coins age. Here at Roswell Gold, Silver & Coins, we can advise you on the best coins to purchase as investment pieces. We are highly knowledgeable about numismatic topics, so come on by and see us anytime. We’re always happy to shoot the breeze about coins. Buy new coins for your collection, sell pieces you no longer want or trade in your coins for more valuable ones.