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
- 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.
- What factors influence the value of rare coins? Factors include historical significance, rarity, condition, and demand among collectors.
- How do coin auctions work? Collectors can bid on coins at auction, with final prices determined by the highest bids.
- 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.