The world's top 5 most expensive gold coins

Rare and valuable gold coins attract not only collectors, but also investors: they are a great way to preserve and increase weath. Time has virtually no effect on gold, and the price of exclusive coins can only grow with time. To verify that this is true, you just have to check the results of various auctions where gold coins minted from different epochs are sold.

Several factors impact the value of such gold items. The fewer copies of a coin survive, the higher its rarity level and price; also, coins with defects are more expensive, as well as those that exhibit particularly fine craftsmanship.

Now let's go through the top 5 most expensive coins in the world.

1. The unique Single 9

This coin's history is incredible. It was 1899, and the Ango-Boer war was raging in South Africa. The beleagured Boer government requested for dies for a new gold coin to be made in Germany, but the shipment was intercepted by the British. The South African government then decided to mint the coin anyway, using the dies from 1898 but adding the digit '9' on the obverse for 1899.

Having made just one coin, the Mint realized that the 9 was too big. They then changed the size of the 9, so that only one coin with a single large 9 exists. Collectors have called it 'Single 9', and its last auction price was $4 million.

1. The heavy Elizabeth II

This coin is hardly an antique; in fact, it was minted in Canada just 15 years ago. The obverse has the profile of Queen Elizabeth II, while the reverse states the nominal value. However, the coin's actual auction price is around $4 million. Why? Because of the purity, weight, and size: the coin is made of 999-carat gold, weighs 100 kilograms and has a diameter of 53 centimeters.

1. Edward III's florins

This is a true historical rarity: the florins were made in the 14th century, when the minting technology was still imperfect. Thus, the coins have uneven edges. Moreover, since the nominal and actual weight didn't match, the minted coins were taken out of circulation: it's believed that there are only 3 remaining in the world. The last time such a florin was sold at an auction, it went for $6.8 million.

1. Brasher doubloon

In the 18th century New York, the jeweler Ephraim Brasher designed a new doubloon gold coin bearing his initials. They were minted in a small number, and together with the exclusive design this makes the doublons very expensive. A collector recently paid $7.4 million for such a coin.

The rare double eagle

The top spot in our rankings goes to a gold coin minted in the USA in the 1930s. During the years of the Great Depression, the government issued a law prohibiting private citizens from owning gold. The circulation of gold coins were stopped, and they were sent back to the mint to be reforged. However, a few got stolen, and now collectors are fighting for them. One such coin was sold at Sotheby's for $7.5 million.

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