$18.4 Million for a Quarter: Imagine finding a coin in your pocket change worth a fortune. Recently, a rare quarter sold for an astonishing $18.4 million, highlighting the immense value that certain coins can hold. This unexpected sale has sparked a surge in interest among collectors and casual finders alike. If you’ve ever wondered whether the coins lying around your house could be valuable, this article is for you!
We’ll explore 8 rare dimes and quarters that have fetched high prices, revealing their unique features and what makes them so valuable. Whether you’re a beginner or a seasoned coin collector, understanding these rare coins could potentially make you a millionaire.
$18.4 Million for a Qurter
| Coin | Description | Notable Sale Price |
|---|---|---|
| 1794 Flowing Hair Silver Dollar | Believed to be the first silver dollar minted in the U.S. | $10 million |
| 1913 Liberty Head Nickel | One of only five known, minted without official authorization. | $4.5 million |
| 1894-S Barber Dime | Only 24 minted, with just nine known to exist today. | $1.9 million |
| 1804 Draped Bust Silver Dollar | Known as the “King of Coins,” with only 15 known specimens. | $3.8 million |
| 1916-D Mercury Dime | Low mintage and “Full Bands” detail on the reverse. | Up to $207,000 |
| 1975 No-S Roosevelt Dime | A proof coin missing the “S” mint mark, with only two known examples. | Over $500,000 |
| 1932-D Washington Quarter | Low mintage from the Denver Mint, highly sought after by collectors. | Up to $74,400 |
| 1968 No-S Roosevelt Dime | Proof coin without the “S” mint mark, rare and valuable. | Up to $48,300 |
Collecting coins can be both a fascinating hobby and a lucrative investment. While not everyone will find a million-dollar coin in their pocket change, knowing what to look for can significantly increase your chances. Whether you’re searching for a 1794 Flowing Hair Silver Dollar or a 1975 No-S Roosevelt Dime, the key is to stay informed and keep searching.
Why Are Some Coins Worth Millions?
Rare coins fetch high prices due to several key factors:
- Rarity: The fewer coins available, the more valuable they become.
- Historical Significance: Coins with unique historical backgrounds attract collectors.
- Minting Errors: Coins with mistakes or missing mint marks are highly collectible.
- Condition and Grade: Coins in pristine condition or with high grading by the Professional Coin Grading Service (PCGS) are more valuable.
Now, let’s explore these 8 rare dimes and quarters in detail.
1. 1794 Flowing Hair Silver Dollar
Description
The 1794 Flowing Hair Silver Dollar is believed to be the first silver dollar minted by the United States. It features an image of Lady Liberty with flowing hair on the obverse and an eagle on the reverse.
Why It’s Valuable
- Historical Significance: It represents the birth of the U.S. silver dollar.
- Limited Mintage: Only 1,758 were minted, with far fewer surviving today.
- Condition: High-grade specimens in near-perfect condition are extremely rare.
Notable Sale Price
In 2013, one specimen sold for $10 million, making it one of the most expensive coins in the world.
Fun Fact
This coin is considered a national treasure and is highly sought after by top collectors globally.
2. 1913 Liberty Head Nickel
Description
The 1913 Liberty Head Nickel is one of the most coveted coins among collectors. Only five were minted without official authorization, making them extremely rare.
Why It’s Valuable
- Unauthorized Minting: It was never officially approved, adding to its mystique.
- Only Five Known: With such a low number in existence, demand far exceeds supply.
- Legendary Status: It has been featured in books, documentaries, and even movies.
Notable Sale Price
One of these nickels fetched $4.5 million at auction in 2018.
Fun Fact
This coin was once owned by King Farouk of Egypt, further boosting its legendary status.
3. 1894-S Barber Dime
Description
The 1894-S Barber Dime is shrouded in mystery because only 24 were minted, with just nine known to exist today. It features Lady Liberty on the obverse and a wreath encircling the words “One Dime” on the reverse.
Why It’s Valuable
- Extremely Limited Mintage: It’s believed they were minted as gifts for influential bankers.
- Historical Mystery: No official records explain why so few were made.
- Mint Condition: High-grade examples are exceptionally rare.
Notable Sale Price
One of these dimes sold for $1.9 million in 2007.
Fun Fact
A young girl named Hallie Daggett reportedly spent one of these dimes on ice cream, not knowing its future value!
4. 1804 Draped Bust Silver Dollar
Description
Known as the “King of Coins,” the 1804 Draped Bust Silver Dollar is legendary for its rarity, with only 15 known specimens. It features a portrait of Lady Liberty on the obverse and an eagle on the reverse.
Why It’s Valuable
- Historical Significance: Although dated 1804, they were minted decades later as diplomatic gifts.
- Scarcity: Only 15 known to exist, making it highly desirable.
- Celebrity Ownership: Owned by famous collectors, including the Sultan of Muscat.
Notable Sale Price
One coin achieved a sale price of $3.8 million in 2013.
Over $35,000 for Rare Modern Quarters: Do You Own One?
7 Rare Bicentennial Quarters Worth Over $5M: Do You Own One?
These 7 Rare and Valuable Bicentennial Quarters Worth Over $5,000: Do You Have One?
5. 1916-D Mercury Dime
Description
The 1916-D Mercury Dime is sought after due to its low mintage of 264,000 coins and the presence of “Full Bands” on the reverse, indicating a well-struck coin.
Why It’s Valuable
- Low Mintage: Produced only at the Denver Mint.
- Full Bands Detail: Coins with sharp, well-defined bands are rare.
- Collector Favorite: A must-have for serious Mercury Dime collectors.
Notable Sale Price
High-grade examples with “Full Bands” have commanded prices up to $207,000.
FAQs On $18.4 Million for a Quarter
Q1: How can I tell if my coin is valuable?
Look for mint marks, date, condition, and errors. Consulting with a professional coin grading service like PCGS is recommended.
Q2: Where can I sell rare coins?
You can sell them at auctions, coin shows, or through reputable online platforms like Heritage Auctions.
Q3: Are all old coins valuable?
No, the value depends on rarity, condition, historical significance, and demand among collectors.
Q4: Can I find valuable coins in circulation today?
Yes! Some rare coins, like the 1968 No-S Roosevelt Dime, were found in circulation. Always check your change!
