rare us coins

People of various ages and backgrounds enjoy the pastime of coin collecting. To protect and preserve your rare collection is equally important to know how to care for rare coins. For some, it is a way to connect with history and an opportunity to build up a valuable collection of coins that they can pass down to future generations. For others, is here to help folks make a profit by buying and selling coins.

Storage Is Crucial 

The first step to caring for rare coins is to store them properly. It is important to keep rare coins away from direct sunlight and extreme temperatures, as these can cause damage to the metal. Coins should also be stored away

Collecting rare coins can be a fun and exciting pastime, but for some, it is a way of making a profit. Collecting rare coins is an investment, and it is important to know what coins are the most valuable so you can make the best investment possible. Therefore, Austin Rare Coins can assist you with purchasing or selling valuable coins. 

Top Dollar - Silver Dollar 

One of the most valuable rare coins is the 1794 Flowing Hair Silver Dollar. This is one of the oldest coins in the United States and is one of the most sought-after coins. This coin was issued by the first United States mint and is estimated to be worth between $3 million and $10 million. 

Only Two Double Eagles

Another

US President Theodore Roosevelt was tired of minting the same old gold eagle and double eagle coins. To paraphrase President Roosevelt, the country needed a US gold coin redesign. In short, he had long been complaining that US coins lacked artistic quality. In fact, he decided to hire a private sculptor to create a new design. Augustus Saint-Gaudens was chosen to redesign five denominations of US coinage that could be changed without an Act of Congress.

Roosevelt's broad overhaul of the United States gold coins led to a new Lady Liberty. One wearing a traditional Native American Indian Headdress. In 1907, the new $10 coin with the new Lady Liberty wearing the Indian Headdress was unveiled. The coin became a huge success.

The rarest pre-1933 US gold coin is the Three-Dollar gold piece. To clarify, only 539,792 of them were produced according to the US Mint. The reason there were so few made is because the Three-Dollar gold coins were very unpopular. Basically, the public rejected them when they were introduced in 1854. Therefore, only small mintages of these coins were produced from 1854 to 1889. Similarly, They ended production after just 35 years. This total of just over half a million coins were produced at the US Mint facilities in Philadelphia, New Orleans, San Francisco and Dahlonega combined.

Many of these 3 Dollar coins have been destroyed

The most collected series of coins ever produced by the United States Mint is the Morgan Silver Dollar. A Carson City Silver Dollar produced in Carson City, Nevada is the most cherished and sought-after of all. Furthermore, CC Morgans are the most popular and desired silver coins ever produced by the United States.

No other coin embodies the history and allure of the American Wild West better than a Carson City Morgan Dollar. Especially, those produced in Carson City from the silver mined at the Comstock Lode. Holding one in your hands instills mystique and adventure of the 49er gold rush days.

Prices of CC Morgans have held strong. Most importantly, when other coins have fallen