Top 5 Coins Worth Collecting and How To Tell Whether They Are Real Or Fake
Traveling through time, thousands of coins around the world have been minted. Some of these coins were stamped in thousands, while others were limited due to their uniqueness in design or event. Collectors of the globe are willing to pay millions to get a hold of one of these pieces.
Gold and Silver proofs are some of the most famous precious metals used prior to the legislative ban on stamping rare metal coins. Numismatics worldwide look for authenticity and brilliance as some historical coins add value to their collection.
The history they hold of being around in possession of a king or the pocket of a soldier in war makes them remarkable. Some of these precious coins are the property of Millionaires as collector coins in Canada, the U.S., China, or other leading countries. It all depends on the buyer’s preference and If they are willing to spend a whopping amount on these beauties. Some of the ultimate collector options with credibility are mentioned below
1 St. Gaudens Double Eagle 1933
This is one of the rarest coins highly sought out by Numismatics. The surprising aspect of this coin is that this was not rare in the initial phases of minting, and many pieces were struck. But many of these were melted after the legislation of not owning gold coins.
The ones that survived hold high value because people think that this is one of the most beautiful coins ever made. This coin was sold privately in 2002 for a shocking $7.6 Million. Experts inquire about the credibility of this coin by gauging the luster.
If the coin is too reddish, it might undoubtedly be chemically treated and thus fake. Another exceptional feature in the indentation of ‘In God We Trust ’ was not initially added by designer Augustus Saint Gaudens but was later modified.
2 Flowing Hair Silver Dollar 1794
Sitting on the pedestal is the 1794 Flowing Silver Hair Dollar auctioned in 2013 for above $10 Million. Numismatics believe that this might be one of the first dollars ever coined. The Lady Liberty with flowing hair frontal is the prime feature of this magnificent coin. The back of the coin has an American Eagle embossed on it.
A small amount of these coins was struck in production, and fewer remained, which makes them extremely rare. The thickness comparison is a credible feature to look out for in this coin. It’s made of high-quality metal, so If you see a rusty version produced by the ‘wear technique’ used by scammers, it’s probably fake.
The lettering might also not be as clearly embossed in the counterfeit coins.
3 D-3 Legged Buffalo Nickel 1937
One of the coin collector’s favorites is the 1937 D-3 Legged Buffalo. This coin missed fame from the beginning. Once people noticed the missing leg of the Buffalo on the reverse side of the coin, It quickly became rare. Back in the day, due to the cost of coin minting, people used to extend the life of the dies by polishing them.
Some coin maker mistakenly ground the surface of the die, which removed a leg of the buffalo. Because of this uniqueness, they hold extreme value. A counterfeit coin might have visible signs of the removal of one leg by the seller. You can clearly feel the indentation on the coin if the leg has been physically removed and polished. Avoid purchasing these fake coins.
4 Brasher Doubloon
One of the most expensive coins in the world is the Brasher Doubloon, crafted by Ephraim Brasher. It is well-known as the U.S.’s first gold coin ever made. A total of seven of these coins were ever struck, while only one of the coins has the creator’s initials embossed.
The initials are embossed on the breast of the eagle on one side of the coin. The selling of this coin took place privately for a stunning $9.36 Million in 2021. The real Brasher Doubloon is made of 22k gold, while the fake ones might be made of copper. The stars on one side of the counterfeit coin are not pointed as the original die but just raised to look the same.
5 Umayyad Gold Dinar
The 1,300-year-old coin holds its value as one of Numismatic’s most sought-after coins worldwide by Numismatic. The Umayyad Gold dinar was first made in 723 AD in Damascus. Both sides have incredible inscriptions on them. It is one of the first coins to have a location inscribed. Only a dozen are still in existence, making them extremely rare and precious. In 2019, the selling of this coin was for £3.72 Million.
The stunning gold color and the raised inscription are prime features to look out for when dealing with fake coins. The actual Umayyad Gold dinar weighs 4.24 grams. These coins are rare, and one of them is on display at the British Museum London as part of an essential Islamic History artifact of value.
Conclusion
Coin collectors in all parts of the world are always searching for rare, historically important currencies. They not only add value to their collection but also symbolize the time the coin has been through. Some of these gold and silver-proof commemorative coins are worth Millions and are significant in possession of rulers and world leaders.
Understanding the difference between legit and counterfeit coins requires skill and an understanding of their history, which Numismatists take on as their favorite task. Their rarity, quality of material, and condition over hundreds of years make them prized and ownership worthy.