What is the Most Expensive Coin Ever Sold? Discover the 1794 Silver Dollar

Explore the record-setting 1794 Flowing Hair Silver Dollar, the most expensive coin sold at $10 million and its historical significance.

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The most expensive coin ever sold is the 1794 Flowing Hair Silver Dollar, which fetched $10 million at auction. This coin is highly valued because it is believed to be the first silver dollar struck by the U.S. Mint.

FAQs & Answers

  1. Why is the 1794 Flowing Hair Silver Dollar so valuable? It is considered the first silver dollar struck by the U.S. Mint, making it highly sought after by collectors.
  2. What factors influence the value of rare coins? Factors include historical significance, rarity, condition, and demand among collectors.
  3. How do coin auctions work? Collectors can bid on coins at auction, with final prices determined by the highest bids.
  4. Are there other expensive coins similar to the 1794 Silver Dollar? Yes, various coins, including the 1933 Saint-Gaudens Double Eagle, have sold for millions at auction.