![]() One die is used for the obverse side, and the other for the reverse side of the coin. Due to the process of minting coins, the two different dies are used for lettering, numbers, and images onto the surface of a coin. Die minting errorsĪ die is a hardened piece of metal or planchet that becomes the coin after the striking and coining process. Types of planchet errors are – clipped planchets, wrong shape and size of the planchet, wrong thickness, chipped and cracked planchets, transitional errors, or planchets that are left blank. Errors that can occur in this category involve improper preparation of the planchet or even complete use of the wrong type of material for the planchet. ![]() The word “planchet” means the blank that is used for minting the coins. There is a wide variety of minting errors that can occur, but they are in general divided into three main categories. Most minting errors are glaring, but there are also some minor minting errors that are hard to notice even if you have a well-trained eye. In most cases, errors happen due to, equipment malfunction, unintentional human intervention, and accidents which is what makes them so special since almost every error is one of a kind. Their rarity and uniqueness are what make them beautiful and boost their value significantly. This exclusive collector's edition is an impressive tribute to the most expensive coins in the world.What Minting Errors Are The Most Sought After?Ĭoins that feature some minting error always attracted a lot of attention and fascinated numismatics and collectors around the world. Now, this stunning collection celebrating these legendary coins has been issued, at a much more affordable price. The 1344 Edward III Double Leopard is extremely rare, only three coins are known to have survived and they're estimated to be worth around $6.8 million each. In 2011, a Brasher Doubloon sold at auction for nearly $7.4 million. Including the highly sought-after 1794 'Flowing Hair Dollar' which sold at auction in 2013 for just over $10 million.Īnother expensive coin is the Brasher Doubloon, which was struck by a neighbour of George Washington. The auction at Sotheby's in New York City was a historic event in coin collecting, as the coin sold for a record-setting price that eclipsed all previous records. In June 2021, the only copy ever allowed to be privately owned wassold at auction for a record $18,872,250 (£13.4 million). The famous Saint-Gaudens 1933 Double Eagle holds the title of being the most valuable coin in the world. These have become the most valuable coins in the world and are the coins that rich collectors and museumsbid millions for. Some coins are so rare that only a few copies are known to exist. ![]() Numerous coins have been lost in the turmoil of history, with many melted down to provide gold and silver intimes of financial crisis. Consequently, some people resorted to hiding their gold coins and unfortunately many coins were never found again. One of the reasons for this is that previously some countries made private ownership of gold hoards illegal. The most expensive coins in the world are still increasing in value - as they are also the rarest coins in the world. Rare coins are achieving higher prices at auctions than ever before, and some numismatic experts believe the upper limit has not yet been reached. ![]() The 'Most expensive coins in the world' Commemorative Strike Set
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