Pawn Stars: TOP COINS OF ALL TIME (20 Rare & Expensive Coins) | History

Pawn Stars
15 May 202069:52
EducationalLearning
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TLDRThe script features a series of interactions at a pawn shop, where rare and historically significant coins are presented for sale. A 1895 Morgan dollar, a 1906 half dollar linked to the Titanic, and a 1922 high relief matte finish coin are among the unique pieces. Experts are consulted to verify authenticity and estimate values, leading to negotiations between sellers and the pawn shop owner. The historical and monetary value of the coins, along with their rarity, is highlighted throughout the script.

Takeaways
  • πŸ‘‘ The 1895 Morgan Dollar is a highly sought-after coin in the collecting world, with only 880 originally minted as proof coins.
  • πŸ’° The owner of the 1895 Morgan Dollar is seeking a high price of $100,000, basing the value on its rarity and historical significance.
  • πŸ€” The pawn shop owner consults an expert to verify the authenticity and value of the coins brought in by various sellers.
  • πŸŽ“ The 1906 half dollar with a connection to the Titanic disaster is valued for its historical link, but its price is debated.
  • 🏰 A 1652 New England shilling is considered a 'Holy Grail' of colonial coins and is extremely rare, leading to a significant sale.
  • πŸ—οΈ An ancient Roman brothel token from around 180 AD provides a glimpse into the social structures of the time.
  • πŸ–ΌοΈ A Benjamin Franklin terracotta plaque from the late 1700s reflects his popularity in France during the American Revolution.
  • βš”οΈ A Viking coin from around 900 AD demonstrates the Viking's influence on and adoption of Anglo-Saxon culture.
  • πŸ›οΈ The 1922 high relief matte finish coin is one of the rarest in American history, with a fascinating backstory and high value.
  • πŸ” The authenticity and value of historical coins can greatly vary, making expert evaluation crucial for both buyers and sellers.
Q & A
  • What is the significance of the 1895 Morgan Dollar from Philadelphia?

    -The 1895 Morgan Dollar from Philadelphia is highly sought-after in the coin collecting world due to its rarity. It is a proof coin with a cameo finish, and only 880 were originally minted. Its rarity and condition make it extremely valuable to collectors.

  • What is the reason behind the 1895 Morgan Dollar's rarity?

    -The 1895 Morgan Dollar is rare because it is a proof coin minted in Philadelphia, which had the lowest mintage among the cities where the Morgan dollar was made. Additionally, only about half of the originally minted coins are still in existence.

  • What is the value of the 1895 Morgan Dollar in the market?

    -The value of the 1895 Morgan Dollar can reach thousands of dollars, depending on its condition and rarity. In the script, auction prices for similar coins graded proof 64 cameo ranged from $48,000 to $52,000.

  • What is the historical significance of the 1906 half dollar supposedly linked to the Titanic?

    -The 1906 half dollar is significant because it is believed to have an unbroken chain of pedigree dating back to 1912 and is linked to John W. Gill, one of the victims of the Titanic disaster. This connection to such a famous maritime tragedy adds to its historical value.

  • Why is the 1922 high relief matte finish coin considered a Holy Grail of American coins?

    -The 1922 high relief matte finish coin is considered a Holy Grail of American coins because it is one of the rarest coins in American history. It features a high relief design that was difficult to produce, and most of them were melted down. Very few specimens are known to exist today.

  • What is the story behind the 1944 steel penny and why is it so rare?

    -The 1944 steel penny is rare because it was produced during World War II when copper was a restricted material. The US Mint made pennies out of steel that were zinc plated, but a few steel blanks accidentally got used in the production process, resulting in a very limited number of steel pennies being minted.

  • What is the significance of the 1791 copper 'cent' that was actually struck in England?

    -The 1791 copper piece, although not an American penny, is significant to the early coinage history of the United States. It was manufactured with the intention of winning a government contract for minting coins. The coin was distributed to US officials to promote the idea of contracting out coin production to English manufacturers.

  • What is the historical context of the ancient Roman coin from 42 BC featuring Brutus and the Ides of March?

    -The ancient Roman coin from 42 BC featuring Brutus and the Ides of March commemorates the assassination of Julius Caesar. The coin was minted by Brutus to celebrate his role in the event, which led to the end of the Roman Republic and the beginning of the Roman Empire.

  • What is the Libertas Americana coin and why is it significant?

    -The Libertas Americana is a coin designed by Benjamin Franklin in 1781 to symbolize French-American friendship. It features a lady representing France protecting a child representing the United States from a lion representing England. Thomas Jefferson brought these medals back to America in 1783, and they were given to Senators and congressmen.

  • What is the general process for determining the value of a rare coin?

    -The general process for determining the value of a rare coin involves examining its condition, rarity, historical significance, and market demand. Experts may be called upon to authenticate the coin and provide an appraisal. The value can also be influenced by recent sales of similar coins at auction.

Outlines
00:00
🏡 Rare 1895 Morgan Dollar Coin

A collector brings in an 1895 Morgan Dollar, a rare proof coin from Philadelphia with a cameo finish. Only 880 were minted, and it's highly sought after in the coin collecting world. The coin's rarity and condition make it valuable, with a hope to sell it for a high price. The coin's proof characteristics, such as the mirror finish, indicate its unique status. The collector is looking to sell it for $100,000, a price based on previous sales of similar coins. However, the pawn shop owner can only offer $40,000 due to the limited market for such coins, leading to a failed sale.

05:01
πŸ›³ Titanic-Linked 1906 Half Dollar Coin

The owner of a 1906 half dollar coin with a link to the Titanic disaster approaches the pawn shop. The coin is associated with John W. Gill, a second-class passenger who died in the tragedy. The coin carries a significant historical value, being part of a collection with an unbroken pedigree dating back to 1912. The seller purchased the coin for $75,000 and hopes to sell it for $125,000. However, the pawn shop owner suggests a more realistic value based on previous sales of similar items, offering $10,000. The seller declines the offer, believing the coin's story justifies a higher price.

10:01
πŸ—οΈ Ancient Roman Brothel Token

A collector attempts to sell an ancient Roman brothel token from around the time of Christ. The token is a unique piece of history, representing the advanced society of Rome, which included organized brothels. The token would have been used as a form of payment in these establishments to avoid the use of coins bearing the emperor's portrait. The seller seeks $10,000 for the token, but the pawn shop owner, after consulting an expert, determines a more realistic value of around $12,000, offering $7,000 for it. The seller agrees to the deal, satisfied with the profit over their initial purchase price.

15:03
🎨 Benjamin Franklin Terracotta Plaque

A college student brings in a Benjamin Franklin terracotta plaque from the late 1700s, seeking $10,000 for it. The plaque was popular in France during Franklin's time and is considered a historical object. However, the pawn shop owner is unsure of its value and consults an expert. The expert reveals that the plaque was made by Jean-Baptiste Nini and is a significant piece from the American Revolution era. Despite the plaque's historical importance, the market value is estimated to be between $1,500 and $2,000. The seller, disappointed with the valuation, agrees to sell it for $1,400 to help with student loans and other expenses.

20:04
πŸ‘‘ Ancient Roman Julius Caesar Coin

A seller brings in an ancient Roman coin featuring a portrait of Julius Caesar, minted just a month before his assassination. The coin is considered a key piece for historical coin collectors. The seller is seeking $4,400 for the coin but is open to expert evaluation. An expert confirms the coin's authenticity and historical significance, estimating its value at around $1,500 in retail. The pawn shop owner offers $1,000, which the seller rejects, believing the coin's historical value is worth more. The seller decides to hold onto the coin, hoping to find a buyer who appreciates its true worth.

25:06
πŸ΄β€β˜ οΈ Viking Coin Found in England

An individual presents a Viking coin, an English penny from around 900 AD, during the time when Vikings controlled parts of England. The coin demonstrates the Vikings' adoption of Anglo-Saxon culture, as evidenced by the Christian cross on one side. The seller is interested in selling the coin but is unsure of its value. An expert confirms the coin's authenticity and its connection to the 10th Duke of Argyll, who was known for his coin collections. The coin is valued at around $1,200, and the seller agrees to sell it for $800, considering it a fair price.

30:08
πŸƒ 1922 High Relief Matte Finish Coin

A person brings in a 1922 proof high relief matte finish coin, considered one of the rarest American coins. The coin was minted after the silver dollar was reintroduced in 1921, with a high relief design that was later reduced due to striking difficulties. The coin is extremely rare, with only a few known to exist. The seller acquired it in a poker game and seeks $20,000 for it. An expert confirms the coin's authenticity and estimates its value to be north of $50,000 but less than $100,000. After negotiations, the seller agrees to sell the coin for $80,000.

35:10
πŸ—οΈ Early American 1791 'Cent' Coin

A seller presents a 1791 'cent' coin, which is actually a British shilling minted in Birmingham, England. The coin was created as part of an effort to win a government contract for minting coins in the early United States. The coin is genuine and has a historical significance to the United States' early coinage history. The seller seeks at least $2,200 for the coin, based on a previous offer. An expert evaluates the coin and determines it to be authentic, estimating its value to be around $750 to $800. The seller decides to seek the previous offer of $2,000, hoping it is still available.

40:13
πŸͺ™ 1944 Steel Penny Coin

A seller brings in a 1944 steel penny, a rare coin that was produced during World War II due to copper rationing. The coin is considered a mistake by the US Mint, as steel blanks were accidentally used after production of steel cents was stopped. The seller was given the coin as a gift and believes it to be worth $102,000. An expert confirms the coin's authenticity and rarity, estimating its value to be around $30,000. The seller is disappointed with the offered value and decides to keep the coin, hoping for a better offer in the future.

45:14
🀴 Ancient Coin of Mithridates VI of Pontus

A person discovers an ancient coin featuring Mithridates VI of Pontus, a king known for his military prowess and controversial personal life. The coin is believed to be around 2200 years old and is in good condition. The seller hopes to get $15,000 for the coin but is concerned about its authenticity. An expert examines the coin and confirms it to be genuine, estimating its value to be over $10,000. The seller is advised to shop the coin around for a better price, with the pawn shop owner offering $5,500. The seller considers the offer but is hesitant to sell at that price.

50:16
πŸ—‘ Scarface Morgan Silver Dollar Coin

A collector brings in an 1888 Morgan Silver Dollar with the Scarface variety, a rare error coin that has a die break on Lady Liberty's face. The coin is considered one of the most significant errors in Morgan Dollars and is highly collectible. The seller found the coin in their collection and is seeking $15,000 for it. An expert confirms the coin's authenticity and rarity, estimating its value to be around $7,000. The seller is offered $4,500 but decides not to sell, believing the coin is worth more and has received higher offers in the past.

55:18
πŸ’° 1838 Gobrecht Dollar and 1857 SS Central America Double Eagle

A seller presents two rare coins: an 1838 Gobrecht Dollar, an experimental issue from the US Mint, and an 1857 SS Central America Double Eagle, recovered from a shipwreck. The Gobrecht Dollar is sought for $27,000, while the Double Eagle from the tragic shipwreck, which resulted in the loss of 425 lives, is sought for $14,000. The pawn shop owner, a collector of such coins, evaluates the coins and negotiates a price of $24,000 for the Double Eagle, recognizing its rarity and historical significance. The Gobrecht Dollar is not purchased due to its high asking price.

00:18
πŸ¦… Half Disme and Libertas Americana Coins

A coin collector looks to sell a 1792 Half Disme and a Libertas Americana coin, both with significant historical backgrounds. The Half Disme, rumored to be made from George Washington's wife's silverware, marks the early days of American currency post-Revolutionary War. The Libertas Americana was designed by Benjamin Franklin to symbolize the friendship between France and the United States.

Mindmap
Keywords
πŸ’‘Morgan Dollar
The Morgan Dollar is a silver coin that was minted in the United States from 1878 to 1904 and then again in 1921. It was named after its engraver, George T. Morgan. In the video, the 1895 Morgan Dollar is described as extremely sought-after in the coin collecting world, emphasizing its rarity and value, especially as a proof coin from Philadelphia.
πŸ’‘Proof Coin
A proof coin is a specially struck coin, initially made for the purpose of assessing the quality of the coin's design. These coins are typically struck multiple times with great pressure to create a sharp, detailed image. In the script, the 1895 Morgan Dollar is referred to as a 'proof coin,' highlighting its high quality and mirror-like finish, which adds to its collectible appeal.
πŸ’‘Cameo
In numismatics, a cameo refers to a coin with a high-relief design that contrasts with a frosted, proof-like field. This term is used to describe the aesthetic quality of the coin, indicating a desirable feature for collectors. The 1895 Morgan Dollar is described as a '64 cameo,' suggesting its exceptional state and the premium that such coins command in the market.
πŸ’‘Numismatics
Numismatics is the study or collection of currency, including coins, tokens, and paper money. It is a specialized field that often involves the collection and trading of rare and historically significant items. The video script is deeply rooted in numismatics, discussing the value, rarity, and historical significance of various coins.
πŸ’‘Pedigree
In the context of collectibles, a pedigree refers to the documented history or provenance of an item, which can significantly impact its value. The script mentions an 'unbroken chain of pedigree' for a coin linked to the Titanic, indicating its historical significance and traceable ownership, which enhances its desirability and price.
πŸ’‘Mintage
Mintage refers to the total number of coins produced by a mint or within a specific period. The term is used to describe the rarity and value of coins, as lower mintage numbers often correlate with higher collectible value. The script mentions low mintage for certain coins, such as the 1895 Morgan Dollar, emphasizing their scarcity.
πŸ’‘Grading
Coin grading is the process of determining the condition of a coin, which is a critical factor in its value. Professional grading services evaluate coins on a numerical scale, with higher numbers indicating better condition. The script discusses grading services like NGC and PCGS, and how grading impacts the price a coin can fetch.
πŸ’‘Numismatist
A numismatist is an expert or enthusiast in the field of numismatics, often involved in the collection, study, or trading of coins and currency. The video script features interactions with numismatists who provide expert opinions on the authenticity, condition, and value of the coins presented.
πŸ’‘Encapsulation
Encapsulation is the process of sealing a coin in a protective, transparent case to preserve its condition and protect it from damage. This is particularly important for rare and valuable coins. The script mentions NGC encapsulated coins, indicating a higher level of preservation and authenticity.
πŸ’‘Tribute Coin
A tribute coin is a type of currency that is minted to honor a particular event, person, or theme. In the script, the Libertas Americana coin is mentioned as a tribute to American-French friendship, designed by Benjamin Franklin and taken to America by Thomas Jefferson, highlighting its significance beyond its monetary value.
πŸ’‘Die Break
A die break refers to a physical fracture on the die used to strike coins, which can result in a raised or irregular area on the coin's surface. In numismatics, certain die breaks can make a coin more valuable due to its uniqueness. The script describes a Morgan Dollar with a 'die break' as a rare error coin, making it highly collectible.
Highlights

A rare 1895 Morgan Dollar from Philadelphia with a cameo proof finish was brought to the pawn shop with a hope to sell it for a high price.

The 1895 Morgan Dollar is extremely sought-after in the coin collecting world, with only 880 originally minted as proof coins.

The owner of the 1895 Morgan Dollar is asking for $100,000, basing the price on previous sales of similar coins.

A 1906 half dollar with a connection to the Titanic victim John W. Gill is presented, adding a historical significance to the coin.

The 1906 half dollar has an unbroken chain of pedigree dating back to 1912, making it a valuable piece of history.

A 1916 Standing Liberty Quarter with a unique design that caused controversy due to the exposed breast on Lady Liberty is brought in for appraisal.

The 1652 New England Shilling, considered the first coin ever minted in the colonies, is brought to the shop for potential sale.

Ancient Roman brothel tokens from around the time of Christ are discussed, revealing the societal structures of the era.

A Benjamin Franklin terracotta plaque from the late 1700s, symbolizing his popularity in France, is appraised.

A portrait Julius Caesar coin minted the month before his assassination is brought in, offering a glimpse into Roman history.

A Viking coin, an English penny from around 900 AD, demonstrates the Vikings' adoption of Anglo-Saxon culture.

A 1922 high relief matte finish coin, considered one of the rarest American coins, is evaluated for its potential value.

A 1944 steel penny, one of the most famous errors from the US Mint, is presented with a unique manufacturing history.

An ancient coin of Mithridates VI of Pontus, a king known for his military prowess and controversial personal life, is examined.

An 1888 Morgan Dollar 'Scarface' variety, a rare error coin with a die break, is brought in for evaluation.

An 1838 Gobrecht dollar, an experimental issue from the US Mint, and an 1857 double eagle from the SS Central America shipwreck are presented.

The Half Disme and the Libertas Americana, two extremely rare and historically significant early American coins, are brought for appraisal.

An Ides of March coin from 42 BC commemorating the assassination of Julius Caesar by Brutus is evaluated for its historical and numismatic value.

Transcripts
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