$150,000 for an 1829 Capped Bust Dime? Check 5 More Rare and Iconic Coins You Should Know!

Published On: March 26, 2025

Have you ever wondered if that old coin in your drawer could be worth a small fortune? Rare coins like the 1829 Capped Bust Dime, which has fetched up to $150,000 at auctions, prove that coin collecting is more than just a hobby—it’s an investment. Whether you’re new to numismatics or already knee-deep in silver and copper, knowing the value of rare coins can turn casual collecting into a treasure hunt.

Let’s cut into the world of rare coins, from why they’re so valuable to how you can start building your own collection—without breaking the bank.

Value

Rare coins stand out because of three big things: how few exist, how well they’ve survived, and the history behind them. Some coins, like the 1933 Double Eagle, have sold for millions. Here’s why these little pieces of metal are worth so much more than their face value.

1. Rarity

The fewer coins minted, the rarer they are. Take the 1933 Saint-Gaudens Double Eagle—almost all of them were melted down, and only a handful escaped destruction. These low-mintage or short-lived coins are like finding a needle in a haystack, which is why collectors go crazy for them.

2. Condition

Condition makes or breaks a coin’s value. Coins are graded on a 70-point scale (from Poor to Mint State), and pristine examples can be worth 10 to 100 times more than worn ones. That same 1829 dime in average shape might fetch a few thousand, but a minty one? That’s when you’re talking six figures.

3. History

Coins that are tied to historical moments get a premium. For example, the 1849 Double Eagle represents a major shift in American currency during the California Gold Rush. These coins aren’t just money—they’re artifacts of a moment in time.

Icons

Let’s take a look at five rare coins that have made serious waves in the collecting world.

Coin	Estimated Value	Why It’s Special
1829 Capped Bust Dime	Up to $150,000	Early American design, hard to find in mint state
1794 Flowing Hair Dollar	Around $10 Million	First U.S. dollar coin, rich in history
1933 Saint-Gaudens Eagle	$18.9 Million	Most melted, stunning design, historical rarity
1913 Liberty Head Nickel	$4.5 Million	Only 5 exist, secret minting story
1849 Double Eagle	Nearly $19 Million	Prototype coin, only one known example

Start

You don’t need deep pockets to start collecting. Just a little curiosity and some research can go a long way.

1. Check First

Before you buy anything, learn the basics. Websites like the American Numismatic Association (money.org) are full of free resources. Understanding how coins are graded and what terms like “mintmark” or “strike” mean will help you make smarter choices.

2. Begin Cheap

Start with early 20th-century coins like Buffalo Nickels or Wheat Pennies. They’re fun, affordable, and historically rich. These coins often cost less than a cup of coffee and can still offer big lessons in coin design and condition.

3. Grade It

A professionally graded coin holds more value, especially if you plan to sell it later. Services like NGC or PCGS will not only confirm the coin’s authenticity but also give it an official grade that collectors trust.

4. Join a Club

Connect with other collectors at coin shows, clubs, or online forums. Networking is a great way to discover rare finds, trade, and learn from experienced numismatists.

5. Shop Smart

Only deal with reputable sellers. Look for those certified by the Professional Numismatists Guild. A trusted dealer can help you avoid fakes and overpaying.

Coin collecting is part history lesson, part treasure hunt. Whether you’re holding onto an old dime or scouring estate sales for the next big score, knowing what makes coins valuable is key. Start small, keep checking, and who knows? You might just find a six-figure gem hiding in plain sight.