What is the World's rarest coin?

Discussion in 'World Coins' started by HAGOP, Mar 16, 2009.

  1. GDJMSP

    GDJMSP Numismatist Moderator

    Then you must not be aware that there was a coin from India that went up for auction 20 years ago - the offered price was $10 million, but it was turned down as being too low. Doubt you could buy it for $20 million today.

    As for the rarest coin, as has been said multiple times already, you can't get more rare than 1 example. Problem is, there are so many coins throughout the world where only 1 example is known that you would have a hard time counting them. There are that many. I myself have owned coins with only 4 known examples, and I'm a nobody. Imagine what people with real money have.
     
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  3. jeffusa

    jeffusa Member

    How about the Million Dollar Gold Maple Leaf? Only 5 were minted and it must be your lucky day because APMEX has one of them for sale. It contains 100 Kilograms of Gold. The current gold value of this coin is over 3.1 million dollars. They are asking only 5% over spot for the coin.

    http://apmex.com/milliondollarcoin/Default.aspx
     
  4. davidh

    davidh soloist gnomic

  5. AnemicOak

    AnemicOak Coin Hoarder

  6. davidh

    davidh soloist gnomic

    You're right, I was concentrating on the type, not the date.

    Post in haste, repent at leisure.
     
  7. Eduard

    Eduard Supporter**


    The key here is the date. This particular date of the type has just recently been recognized as a major rarity as people have started tallying up auction records. All other dates of the type which ran from 1848-1856 ( 6 dates in total) are plentiful, each date appearing 2-10 times every year.
    By contrast, the 1848 was last seen at auction in 1892, and has not been seen since. The expert opinion is that this was my specimen.

    For all the rarity, it is still only one date of a series, of one of the many German states of the period.....albeit a major German state (Hessen); so wide collector demand is not there. Still nice to have though.
     
  8. spock1k

    spock1k King of Hearts

    the only problem with that coin GD is that both of us couldnt lift it. there were 2 examples ( many more but no one here wants a lesson on shahjahan mohurs plus the guy who wrote about it in pcgs is a certified baboon) the 1000 mohurs and the 100 mohurs. i will complete the spock collection when both of those are acquired and need less to say ull be on the plane with me when we go to buy along with some experts and a few other selected invites (maybe they will help lift :) ).
     
  9. spock1k

    spock1k King of Hearts

    what happened to my avtaar pic?
     
  10. FarmerB

    FarmerB Senior Member

    I agree with Eduard:)
    There may be more 'copies' of a certain coin made, but how often do you see 'em. If there are 10 copies, but no one selling. Pretty rare indeed. As you cannot get your hands on it.
    So rarity is a function of availability and demand. If no demand, then even tho a few examples, readily available - not rare.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator


    Hardly spock, the coin to which I refer was under 30 kilos if memory serves. And there was only 1 - not 2.

    However, should you ever be about to acquire this coin, I would be happy to accompany you. With you paying all expenses of course ;)
     
  12. spock1k

    spock1k King of Hearts

    there were dozens made GD he had a habbit of making extravagant coins. the 1000 mohurs is only one and the sam guy has a 100 mohur as well. he even sent 5 of those giant coins to the king of persia.

    Of course i will pay for the trip :D we also make you in charge of rounding up the experts we are of course paying for the coin not for the gold ;)
     
  13. spock1k

    spock1k King of Hearts

    we will also need Peter and the powers of persuasion he brings to the table ;)
     
  14. Olmanjon

    Olmanjon Member

    Your right-mintage doesn't mean much. I have several BU 1958 British Carribean half cents. Mintage 200. Value--$3.00
    Olmanjon
     
  15. mrbrklyn

    mrbrklyn New Member

    small mintage sometimes works against the coin if it is so small and unknown then there is no demand.

    Ruben
     
  16. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    hmmm, what about an 1895 morgan, a circulation strike.
     
  17. Hobo

    Hobo Squirrel Hater

    There may be no such thing. 12,000 were minted but all are believed to have been melted. All known circulated 1895 Morgans are thought to be circulated Proofs.
     
  18. bgarg

    bgarg Senior Member

    The 1000 mohur coin's weight is approx 12 kilos and you are right that there is only one coin in existence.

    Regards,
    Ballabh Garg
     
  19. mrbrklyn

    mrbrklyn New Member

    I didn't know that! Thanks. So how many are proofs out there?

    Ruben
     
  20. raider34

    raider34 Active Member

    880 were minted.
     
  21. bgarg

    bgarg Senior Member

    You need to read "Jahangirnama" (also know as Turk-e-Jahangiri), Jahangir's autobiography written by himself. This book provides exact numbers as how many 1000 and 100 mohurs coins were minted.

    Regards,
    Ballabh Garg
     
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