When it comes to coin collecting, rare coins are more than just a hobby; they are a window into history. Whether it’s a Standing Liberty quarter that was once carried by a soldier during World War I or a Morgan silver dollar from the Wild West, each coin tells a unique story. Collectors are the stewards of these historical treasures, and with careful selection, some coins also provide excellent investment opportunities.
In this list, we’ve rounded up 10 rare coins based on their aesthetic appeal, historical significance, and potential for long-term value growth. Whether you’re a beginner or a seasoned collector, these coins offer something for everyone—from affordable options to pieces that will challenge even the most experienced numismatists.
However, due to their immense popularity, many of these coins are targeted by counterfeiters. To avoid falling victim to fakes, always ensure you’re buying from a trusted dealer and that the coin is certified by a reputable grading service.
1. 1909-S V.D.B. Lincoln Cent
The 1909-S V.D.B. Lincoln Cent is a classic example of a coin that’s both historically significant and rare. The design of the coin, commemorating President Abraham Lincoln’s 100th birthday, was an immediate success. However, the initial design included the designer Victor David Brenner’s initials on the reverse, which caused a stir, resulting in the removal of those initials on later mints. This change created an immediate scarcity, making the 1909-S V.D.B. Lincoln Cent one of the most coveted coins in U.S. numismatics.
As one of the most popular coins among Lincoln penny collectors, this rare piece holds steady value, especially in higher grades. Be sure to look for a specimen with eye appeal and minimal defects. If you’re aiming for an investment-grade coin, MS-65 RD with rich copper tones is a great choice.
Optimal Collecting Grade: EF-40
Optimal Investment Grade: MS-65 RD
2. 1921 Peace Dollar
The 1921 Peace Dollar was created to commemorate the end of World War I and the dawning of peace. Designed by Anthony DeFrancisci, it features a symbolic depiction of liberty on the obverse and peace represented by an eagle on the reverse. Unfortunately, the high-relief design posed manufacturing challenges, limiting the number of coins minted in 1921. As a result, this coin became a rarity and is highly sought after by collectors.
While the 1921 Peace Dollar is a bit more accessible than some others on this list, uncirculated examples in MS-63 or higher are still valuable investments.
Optimal Collecting Grade: MS-63
Optimal Investment Grade: MS-65
3. 1878-CC Morgan Silver Dollar
The 1878-CC Morgan Silver Dollar holds historical significance as part of the large-scale silver dollar production mandated by the Bland-Allison Act. Though not as rare as some other coins, owning a coin minted in Carson City, Nevada, adds a sense of historical gravitas to any collection. Its moderately priced circulated versions make it an affordable option for beginners, while Uncirculated examples are ideal for intermediate collectors.
Optimal Collecting Grade: MS-63
Optimal Investment Grade: MS-65 DMPL (Deep Mirror Proof-Like)
4. 1914-D Lincoln Cent
The 1914-D Lincoln Cent is considered one of the rarest Lincoln pennies, with a relatively low mintage of just 1,193,000 coins. Though not as scarce as the 1909-S VDB, its lack of preservation in uncirculated conditions makes it a particularly rare find today. Like the 1909-S VDB, it’s a highly desirable piece among collectors looking for rare Lincoln pennies to complete their collections.
If you’re seeking an uncirculated specimen, be prepared for a significant investment. However, circulated versions remain within reach for intermediate collectors.
Optimal Collecting Grade: EF-40
Optimal Investment Grade: MS-63
5. 1955/55 Doubled Die Lincoln Cent
The 1955 Doubled Die Lincoln Cent is a famous error coin that made its way into numismatic history. The double imprint occurred when the coin die struck the planchet twice, slightly off-center. As a result, the obverse features a noticeable doubling of Lincoln’s profile. While technically an error, the coin has become one of the most sought-after pieces for Lincoln cent collectors.
Despite being among the most counterfeited coins in existence, genuine 1955 Doubled Die cents still hold significant value. For investment purposes, look for MS-65 RB quality.
Optimal Collecting Grade: MS-62 BN
Optimal Investment Grade: MS-65 RB
6. 1937-D 3-Legged Buffalo Nickel
Another iconic error coin, the 1937-D 3-Legged Buffalo Nickel, features a distinctive flaw that gives the buffalo only three legs on the reverse. This mistake was quickly spotted, making the coin a rarity among collectors. Known for its bold design and the story behind its creation, this coin is a must-have for any serious collector of U.S. nickels.
Optimal Collecting Grade: F-12
Optimal Investment Grade: MS-63
7. 1916 Standing Liberty Quarter
The 1916 Standing Liberty Quarter is one of the most beautiful and highly sought-after coins in U.S. history. The design, created by sculptor Hermon A. MacNeil, depicts Lady Liberty standing confidently with a shield in one hand and an olive branch in the other. This coin symbolizes the strength and resilience of the United States, particularly during the time of World War I.
The 1916 Standing Liberty Quarter is considered a key date for coin collectors, as only a small number of coins were minted that year. The coin’s intricate design and limited mintage have made it a favorite among collectors, and it consistently commands high prices at auctions. If you’re considering adding this piece to your collection, be prepared to invest in high-quality examples, as well-preserved coins are particularly rare.
Optimal Collecting Grade: F-12
Optimal Investment Grade: MS-65
8. 1893-S Morgan Silver Dollar
The 1893-S Morgan Silver Dollar is another key date in the Morgan Dollar series. With just over 100,000 pieces minted in San Francisco, this coin is one of the rarest and most valuable Morgan dollars in existence. Due to its low mintage, finding high-quality specimens can be difficult, and the prices for well-preserved examples can be astronomical.
This coin is considered a top-tier investment for seasoned collectors, and its value has only appreciated over time. Because of its rarity and strong demand among collectors, the 1893-S Morgan Silver Dollar is a prime example of a coin that will continue to grow in value.
Optimal Collecting Grade: VF-30
Optimal Investment Grade: MS-65
9. 1804 Draped Bust Dollar
The 1804 Draped Bust Dollar is one of the most iconic coins in U.S. numismatic history. Though it was originally minted in 1834, the coin was struck with the date 1804 to commemorate the early years of the United States. Because of its association with the fledgling nation and the fact that only a small number were struck, the 1804 Draped Bust Dollar has become an enduring symbol of American history.
Known as the “King of American Coins,” the 1804 Draped Bust Dollar is incredibly rare and highly valuable. It’s one of the most coveted coins among advanced collectors, and its price can reach into the millions for an example in top condition.
Optimal Collecting Grade: AU-50
Optimal Investment Grade: MS-65
10. 1933 Saint-Gaudens Double Eagle
The 1933 Saint-Gaudens Double Eagle is widely regarded as one of the most beautiful coins ever produced by the U.S. Mint. Designed by Augustus Saint-Gaudens, the coin features a stunning image of Lady Liberty striding forward, holding a torch and olive branch, with the U.S. Capitol building in the background.
The 1933 Saint-Gaudens Double Eagle is unique in that most of the coins were melted down following the suspension of gold coinage during the Great Depression. As a result, only a small number of these coins have survived, and they are among the most sought-after and valuable pieces in U.S. numismatics.
In 2002, one of these coins fetched an astounding $7.59 million at auction, setting a new record for the most expensive coin ever sold. If you can find one for your collection, it’s a once-in-a-lifetime investment opportunity.
Optimal Collecting Grade: AU-58
Optimal Investment Grade: MS-65
Final Thoughts
Whether you’re just beginning your coin collection or you’re an experienced numismatist looking for your next investment opportunity, the rare coins listed above offer a great starting point. From the legendary 1909-S V.D.B. Lincoln Cent to the iconic 1933 Saint-Gaudens Double Eagle, these coins not only hold significant historical value but also have the potential to provide long-term financial returns.
Always do your research before purchasing any coin, and consider consulting with a reputable coin dealer or a third-party grading service. By carefully curating your collection and making informed investments, you can enjoy the beauty and history of rare coins while securing your financial future.