Check Your Change Jar: These Dollar Coins Could Be Worth Thousands

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11 Dollar Coins That Are Worth Way More Than Face Value (financebuzz.com)

Your Old Dollar Coins Could Be Worth a Fortune!

Ever wonder if that dusty jar of old coins could be hiding a treasure? Well, you might be sitting on a goldmine!

Some rare dollar coins, often overlooked, are fetching eye-watering sums from collectors – far more than their face value. We’re talking about coins that have sold for well over $1 million at auction, thanks to their unique history, scarcity, or even a good old-fashioned misprint.

Here are 11 dollar coins that could make your change jar a whole lot heavier:

1. 1794-P Flowing Hair Silver Dollar

This grand dame of coins, featuring Lady Liberty and an eagle, is known to rake in thousands. The record sale for one of these beauties?

A staggering $2.8 million! Minted in Philadelphia, finding one in pristine condition is a true rarity, explaining those astronomical auction prices.

2. 1804-P Draped Bust Silver Dollar

Prepare for a shocker! An 1804 Draped Bust Silver Dollar once sold for over $7.8 million.

While it bears the 1804 date, these Philadelphia-struck coins featuring Lady Liberty and an eagle were actually produced much later, starting in 1834. Talk about a historical head-scratcher!

3. 1836-P Gobrecht Dollar

Designed by the talented Christian Gobrecht, this silver dollar with a seated Lady Liberty and a soaring eagle has an auction record of $99,000. These coins were produced in limited quantities, making them a collector’s dream.

4. 1870-S Seated Liberty Dollar

Considered one of the rarest and most sought-after dollar coins, the 1870 Seated Liberty Dollar has commanded over $1 million at auction. Minted in San Francisco, only about a dozen are known to exist today.

5. 1873-CC Trade Dollar

These Carson City-minted “Trade Dollars” from 1873 are unique, with one fetching over $80,000 at auction. While those in top condition are naturally more valuable, even a decent specimen is considered a worthy find.

6. 1893-S Morgan Silver Dollar

Designed by George T. Morgan, this 1893 San Francisco-minted silver dollar, showcasing Lady Liberty’s profile and an eagle, sold for a record $735,000 in 2018. Experts believe only a few thousand exist, with higher-grade coins bringing in bigger bucks.

7. 1903-O Morgan Silver Dollar

In 2023, a 1903 Morgan Silver Dollar from New Orleans sold for $36,000. Once considered incredibly rare, thousands were discovered in a vault in the 1960s, making them more accessible to collectors today.

8. 1928-P Peace Dollar

With the lowest mintage of any coin in its series, the 1928 Peace Dollar is a rare find. Featuring Lady Liberty and a perched eagle, its auction record stands at over $129,000. Good condition means a significant payday for this scarce coin.

9. 1971-P Eisenhower Dollar

This dollar honoring President Dwight D. Eisenhower is popular among collectors. The auction record of over $10,000 was set in 2014 for a coin with a high MS66 grade, a condition in which only about 50 of these 1971 Eisenhower coins are known to exist.

10. 2000-P Sacagawea Dollar “Cheerios” Variety

You might actually have one of these! The 2000 Sacagawea dollar, distributed in General Mills cereal boxes, can be worth up to $33,000. The valuable “Cheerios” variety has distinctive details in the flying eagle’s tail feathers on the reverse.

11. 2007-D George Washington Presidential Dollar

The inaugural coin of the Presidential Dollar program, this 2007 George Washington dollar from Denver holds an auction record of $1,575. It features Washington’s profile and the Statue of Liberty.

The Bottom Line on Buried Treasure

While million-dollar payouts are rare for more recent coins, many dollar coins are still worth significantly more than their face value. So, before you dismiss that old change as just spare cents, take a closer look! You might be holding a surprising financial windfall.

Smart Money Moves for Everyone

No matter your financial situation, there are always ways to improve it. Here’s a quick checklist to get you started:

Tackle Debt Head-On: Debt can be a major roadblock. Explore options like balance transfer credit cards or debt counseling to pay it off faster.

Boost Your Income: A little extra cash can go a long way. Consider a part-time gig or a new job if you’re looking for more financial breathing room.

Trim Those Expenses: It doesn’t have to be painful! Focus on your biggest expenses for the most significant savings.

For instance, comparing auto insurance rates can quickly cut your bill, and the right travel credit card can help offset vacation costs.