The Most Valuable Coin?

Conventional wisdom is that this proof $20 in the Smithsonian is the most valuable U.S. issue. Is this true?

 

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Unique and one of a kind........ allegedly.

 

Well the the 1933 double eagle was supposidly the most valuable and unique, but then ten more showed up

 

What about the 1804 Silver Dollar?

 

"The most valuable coin" title could be disputed endlessly. I believe it would be a US coin, but personally am unsure if it would be a brasher doubloon, 1804 silver dollar, a 1933 double eagle, "the coin" a Specimen 66 red chain cent, or one of the unique pieces in the Smithsonian. Only if they were all in the same sale could it ever be decided, and I doubt that will happen any time soon.

As a purist, I would hope it would the SP66 red Chain Cent, since all others in private hands have a less than stellar background. It would be great to see the very first US coin struck for circulation also be our country's most valuable coin.

 

The 1849 Double eagle hasn't sold though. Therefore it is not the most valuable coin.

The most valuable coin that has been recorded as having true value that can be proven is the 1933 double eagle.

 

There are a couple in the Smithsonian including Barber's pattern double eagle that are listed as priceless but that is just a term for a coin that isn't for sale. Here is a list of the most valuable coins:
http://www.cnbc.com/id/32555819/Most_Expensive_Rare_U_S_Coins

 

Right, there is no way to really prove value is the price that someone is willing to pay for a coin. If it sits in a museum, it is simply not for sale. The Mona Lisa is priceless because it is simply not for sale. If it became for sale though who knows how many countless millions or billions someone or some company would be willing to pay for it.

 

I believe the Brasher doubloon is being offered
for 10 mil. That would be the record if it sells.

 

It most likely doesn't exist anymore, but the 1000 Mohur coin from the Jahan Empire in India would blow all those other coins out of the water if it ever turned up.

 

There's only 1 of them known. There were 2 struck, but the second specimen was never recovered. It's been stated that if this coin was to be put to auction, it could be valued at around $20,000,000.

 

Really? I am just asking since for about 40 years now the most expensive coins sold in the world have been US issues, so it would surprise me a Indian coin would "blow those out of the water".

I am not saying its right US coins are valued so highly, as I am an ancient collector and cannot understand how US coins bring so much money versus historically important and beautiful coins, but it is what it is.

 

If the "other" one ever showed up in auction, I could see it going sky high, past anything seen before. Hedge fund gurus would be competing to own it and add it to their phenomenal antique and art collections. $50 million would not surprise me. It's all there, the first $20 U.S. gold coin, with the history of the '49ers behind it. Small and esoteric rare coins have nowhere near the panache of a coin like that.

 

Most valuable and most paid for aren't the same thing. A collector with unlimited funds may decide he like a piece so much that he has to have it at any price as so pays a new record price for a coin. That does not make it the most valuable. It makes it the most paid for. Determining value on an essentially worthless thing, like a coin or a piece of art, is impossible, making ststements of "most valuable" meaningless.
Guy

 

Maybe this more than 1 ton Aussie gold coin ?????

 

But, does that make it worth more than $10 million? We all have things that are priceless to us and not so much to others, but that doesn't make them priceless.
Guy

 

Someone on this forum, has "turned down millions" for his coin but it doesn't mean it was worth that much. Putting an arbitrary value on something means nothing until the cash changes hands.

 

I thought about this one too, but to me is this really a "coin"? IDK, maybe technically, but has any coin like this ever been used in commerce, as an article of exchange? I am sure I could pay Tuvalu or Liberia a few thousand and paint $100 Tuvalu dollars on a pile of dog droppings, it wouldn't make the dog droppings a coin in my eye.

 

LOVE THIS ONE! ONE TON of GOLD.~~~ CASE CLOSED!