cast coins are worth millions of dollars

Wikipedia has a list of the 10 most expensive coins sold. These coins have an interesting history, and one of them even sold quite recently:

1. 1794 Flowing Hair Dollar: The first dollar coin issued by the U.S. federal government was based on Spanish gold coins, which were widely circulated. States had their own mints, and other coins from different countries were also circulated. While the Flowing Hair Dollar didn’t completely replace other coinage, it did represent the first time the federal government became involved in creating money. The last buyer (a private sale) for this coin paid $7.85 million.
2. 1933 Saint-Gaudens Double Eagle: Unlike the Flowing Hair dollar, the Double Eagle was sold at auction and is the most expensive coin sold at auction, for $7.50 million. This is a $20 gold coin that never circulated officially. Many were actually melted down after the 1933 end to the gold standard in the U.S.
3. 1787 Brasher Doubloon EB on Breast: George Washington’s goldsmith neighbor cast this coin, modeled after Spanish doubloons. Even though not officially circulated by the U.S. government, the Brasher doubloon is thought to be the first gold coin in America that was denominated in dollars. This coin recently sold for $7.4 million.
4. 1804 Class I Silver Dollar: Interestingly, the coins bearing the 1804 date didn’t actually appear until 1834. The government began presenting them as gifts to foreign rulers. Some coins from Class I have been traced to the King of Siam, and legend has it that a Class I dollar was given to Anna Leonowens. In any case a Class I silver dollar sold for $4.14 million.
5. 1804 Class I Silver Dollar (Queller’s Collection): This specific silver dollar sold for nearly $3.74 million.
6. 1913 Liberty Head Nickel: One five of these rare, limited issue nickels are known to be in existence — none of them in perfect condition. These coins are so prized that there is speculation that a perfect coin could be worth nearly $20 million. The most expensive of these sold for about $3.74 million.
7. 1907 Double Eagle: This Saint-Gaudens $20 coin, in ultra-high relief, sold for $2.99 million.
8. 1787 Brasher Doubloon EB on Wing: Unlike the Brasher with the stamp on the chest, most of the surviving doubloons cast by the goldsmith have the stamp on the wing. This means that the this type of coin is rarer. However, that didn’t stop one of the coins from selling for $2.415 million.
9. 1804 Class III Silver Dollar: Most Class III 1804 silver dollars were actually made between 1858 and 1860. There are some design differences from the Class I versions. One of the Class III silver dollars sold for $2.3 million.
10. 1907 Rolled Edge Eagle: This particular gold coin design once sold for $2.185 million.

As you can see, the more unique the coin, the more it sells for. Additionally, there are coins that are valuable by virtue of casting mistakes and other quirks. Your “regular” coins aren’t likely to fetch a great deal, but with the right collection, you can still, with the right characteristics, find value.

 

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1. "Unique" means "the only one of its kind". You can't be "more unique" or "less unique"; either you are or you aren't.

2. Why did the 1794 Flowing Hair dollar, with over a hundred known existing specimens, sell for so much more than a 1913 Liberty nickel, with only five known specimens?

3. If your cast novelty is worth more than these coins (since it's "more unique"), why are you continuing to flog it here, for an audience that clearly doesn't appreciate its true value? Why aren't you putting it up for auction, or finding a rich collector who'll jump at the opportunity to own it? Every second you dither here is costing you money -- you should sell it as quickly as you can, so you can start collecting interest on its true value.

 

1913 Liberty Head Nickel: One five of these rare, limited issue nickels are known to be in existence — none of them in perfect condition. These coins are so prized that there is speculation that a perfect coin could be worth nearly $20 million. The most expensive of these sold for about $3.74 million.

I saw one of these examples while visiting the smithsonian. Just looked like a normal MS V Nickel. Couldn't believe the thing was worth millions.

 

You say that "cast" coins are worth millions....


Not a single coin on that list is cast...

 

My thoughts exactly.

 

The fun has gone out of this relationship.

 

I thought the OP was going to be banned if she kept spamming the group?:taped-shut:

 

I don't think the OP knows what "cast" means.

 

Hello Matt,
Yes, the OP’s title is “cast coins are worth millions of dollars” but the coins described in the post are all struck coins. Of course, the ingots were cast & then rolled & punched before the planchets were struck into the coins. In a sense, all these coins began with a casting process.....

 

Casting mistakes?? You make this statement and have not provided any examples that have actually sold for high amounts based on casting mistakes. There are some cast coins that are very valuable, but not many of them.

And unique coins aren't always that valuable either. I bought two different unique pieces this past October and paid less than $400 for the pair.

 

I imagine it would be difficult to buy two unique pieces that were the same!

 

Yeah, I would expect "two different unique pieces" to be, well, different.

 

Seriously? None of these coins in your list are cast coins. If you believe so, do some research on the difference between casting and striking. I don't understand why you keep posting. I believe the Geezer is right too.

 

Often it is the other way around my friend

 

yep. none of these coins are cast! all struck. try again irish eyes!

 

I think the OP needs medication! Either that or it's a troll, nobody is that big of a glutton for punishment. It would be so easy for her to let go of this cast coin idea and try to join the group. That said, maybe too many bridges have already been burned. :T$:

 

THE EDGE OF MY COIN

A Sheffield plate is a sandwich of two thin layers of silver over a core of brass or copper.

This technique was introduced in Sheffield, England to make inexpensive silver flat ware and got taken over by counterfeiters shortly thereafter.

The silver is usually 0.900 fine so that the surface color was right and the layers were hot or cold welded with high pressure rollers.

The material was drawn out to the proper thickness and cut with a cookie cutter
The edge where there was exposed copper needed some cover up work, but they were very good copies.

Die work was decent - some dies were attributed to Matthew Bolton himself.Attachment 0

The original Birmingham issue (of the two) was done at the outset of the war with Spain (1796). with the indirect support of the English government. They were exported to the orient

this is what my coin looks like two coins with a silver piece of metal in the middle like an oreo cookie

 

Put it on ebay, maybe you'll get enough to buy a whole bag of Oreos