5 Rare Coins To Sell Now To Fund Your Future Retirement
By Laura Bogart,
6 hours ago
When you think about everything you need to fund a comfortable retirement , odds are your mind turns to thoughts of 401(k)s and Roth IRAs, savings accounts and withdrawal plans galore. Of course, you’d be right, all of these elements are essential to retiring with peace of mind. Then again, sometimes, a little luck — in the form of a coin that fits inside your palm — can also come into play.
Whether you were a coin collector now or in your youth, or you had a beloved parent or grandparent who snapped up currency to mark their travels, you might just have some coins in your home that can help you enjoy even more peace and stability in your retirement.
This coin has more than a poetic name — it also comes with a lot of value. First minted back in 1794, it was the very first dollar coin issued by the U.S. federal government. According to Atkinson’s Bullion and Coins, this coin consists of 90% silver and 10% copper, and features Lady Liberty and an eagle on opposing sides. If you happen to find this little beauty in the family attic, you’re in for some major good luck: In 2013, one 1794 Flowing Hair silver dollar sold at auction for $10 million.
While the double eagle gold coin may not be quite as old as some other rare coins, and there were over 400,000 specimens created, this coin is rare because most of those pieces were melted down. However, a few were stolen, and eventually became valued by collectors. According to Atkinson’s Bullion and Coins, there are less than 15 pieces around today, including one that sold at auction for $7.59 million.
1849 Coronet Head Gold $20 Double Eagle
To say the 1849 Coronet Head gold $20 double eagle is rare would be an understatement. According to Las Vegas Jewelry and Coin Exchange, there might be only one left out in the world today. The Mint supposedly created two of these coins on Dec. 22, 1849. One went to the Smithsonian Institute, where it remains to this day. The other went to the Treasury Secretary, but nobody knows its location now.
However, if that location miraculously happened to be in your grandmother’s coin collection, you could hypothetically take it to auction for anywhere between $10 to $20 million. Now that would help you pay for a heck of a retirement home.
1822 Gold-Capped Bust $5 Half Eagle
Las Vegas Jewelry and Coin Exchange proclaimed this model among the rarest U.S. gold coins, with only three in existence today. The Smithsonian Institute has two, while one is in private hands. Naturally, this coin is supposedly the best preserved and finest-looking one out of all three. And if you happened to have those private hands, you might be able to take this coin to auction for over $8 million.
1913 Liberty Head V Nickel
The 1913 Liberty Head nickel occupies a unique position in the history of American coins. Designed by Charles E. Barber, this coin was replaced by the Indian Head in 1913. Since the Mint has no record of the Liberty Head nickel being produced in 1913, specimens created in this year are exceptionally rare — and lucrative. Las Vegas Jewelry and Coin Buyers suggested you could get over $5 million if you had one in your possession.
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