One-Cent Coin Sells for $1,380,000 at Auction

florida auction one-cent coin
Image: Heritage Auctions

A Florida auction drew the most money ever for a US copper coin. The one-cent coin is from 1793, the first year the United States Mint opened in Philadelphia. What makes this coin so rare is that it was not in circulation. There was no wearing on the face, lettering or the chains (the chains on the reverse were later replaced by a wreath as the US government felt it symbolized slavery).

The buyer’s name has not been released but was reputed to be a major collector. Amazingly, this isn’t the most a US coin has been sold for. Keep reading for a list of some of the highest-priced coins in US history:

 

1794 FLOWING HAIR DOLLAR

Sold in May 2010 for a whopping $7,850,000 to a private collector, this coin dollar is the most expensive coin in history. 

1933 GOLD DOUBLE EAGLE

This beauty sold at auction on July 30, 2002, for $7,500,000. There is quite a history behind this coin including theft and an intervention from the government!

1804 CLASS 1 SILVER DOLLAR

This coin was actually minted in 1834, but had the date 1804, making it rare. It sold at auction in 2010 for $3,730,000.

1913 LIBERTY NICKEL

This coin featured a “V” on the reverse; there are only 5 in existence. The first one sold in 1996 for $1,485,000 and a second one sold a few years later for $3,700,000.

1804 DRAPED BUST DOLLAR

This little gem of a coin received $1,815,000 at auction in 1997.It’s amazing to think something so small could be worth so much money. 

Do you have any unique coins at home or in a collection? Come to West Seattle Coins and Bellevue Rare Coins and we’ll give you a free appraisal.  We love to see what people have in their collections.

 

West Seattle Coins and Bellevue Rare Coins specialize in rare coins and gold buying. We are a family-owned business that was first established in 1979 and is now located in West Seattle, Bellevue and Lynnwood. We also deal in silver, diamonds, currency and jewelry. Visit us first for a free appraisal.