The 1794 U.S. Silver Dollar that was auctioned by Stacks Bowers last night became the most expensive coin in the world, when it sold for over $10 million. The total price of $10,106,875 handily broke the previous record of $7,590,020 for a rare coin, set by a 1933 Double Eagle.
As CoinWeek reports:
“One of the greatest American numismatic landmarks, the 1794 Flowing Hair silver dollar is the finest known example of its kind, graded Specimen-66 by the Professional Coin Grading Service (PCGS) and the Certified Acceptance Corporation (CAC), leading certifiers of a coin’s condition. A close study of its characteristics suggests that it may well be the first specimen struck of the first year of the silver dollar, and was carefully preserved for posterity.”
An exciting evening for everyone involved, I’m sure.
While we may not have $10 million coins here at Gainesville Coins, we do have many modern and historical gold and silver coins. We have entire sections devoted to just to Morgan Dollars and Peace Dollars, for example, as well as other pre-1933 silver.