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When you think of all the funds you need for a comfortable retirement, you likely think of the abundance of 401(k)s, Roth IRAs, savings accounts, and withdrawal plans. Of course, you’re right. All of these factors are essential to retiring with peace of mind. But sometimes a little luck comes into play, in the form of a coin that fits in the palm of your hand.
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Whether you were a coin collector now or when you were young, or had beloved parents or grandparents who collected currency as mementoes of their travels, having just a few coins in your home can help you enjoy more peace and stability. Maybe you can. retirement.
GOBankingRates has researched several coins that can help you add significant value to your retirement savings.
Earning passive income doesn’t have to be difficult. You can start this week.
silver flowing hair dollar
This coin has more than just a poetic name, it also has a lot of value. First minted in 1794, it was the first dollar coin issued by the U.S. federal government. According to Atkinson’s Bullion and Coin, the coin is composed of 90% silver and 10% copper, and features the Statue of Liberty and an eagle on the opposite side. If you happen to find this little beauty in your family’s attic, you’ll be in luck. In 2013, a 1794 Flowing Hair Silver Dollar sold at auction for $10 million.
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1933 Double Eagle Gold Coin
The Double Eagle gold coin may not be as old as other rare coins, but more than 400,000 specimens were created, but most of its pieces have melted away, making this coin rare. However, some were stolen and eventually became valuable to collectors. According to Atkinson’s Bullion and Coins, fewer than 15 exist today, including one that sold at auction for $7.59 million.
1849 Coronet Head Gold $20 Double Eagle
1849 Coronet Head Gold $20 To say the double eagle is rare is an understatement. According to the Las Vegas Gem and Coin Exchange, there may be only one left in the world today. The Mint reportedly struck two of these coins on December 22, 1849. One was sent to the Smithsonian Institution, where it remains to this day. The other letter was delivered to the Treasury Secretary, but no one knows where it is now.
However, if the spot miraculously ends up in your grandmother’s coin collection, it could be auctioned for between $10 million and $20 million. This will help pay for nursing home costs.
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1822 Gold Capped Bust $5 Half Eagle
The Las Vegas Jewelry & Coin Exchange has declared this model one of the rarest U.S. gold coins, with only three pieces currently in existence. There are two in the Smithsonian Institution and one in private hands. Not surprisingly, this coin is considered the best-preserved and most aesthetically pleasing of the three coins. And if you happen to be in the hands of such an individual, you could be able to put this coin up for auction for more than $8 million.
1913 Liberty Head V Nickel
The 1913 Liberty Head Nickel holds a unique place in American coinage history. Designed by Charles E. Barber, this coin was replaced in 1913 with an Indian head. The Mint has no record of Liberty Head nickels produced in 1913, so specimens produced in that year are extremely rare and command high prices. A Las Vegas jewelry and coin buyer suggested it would be worth more than $5 million if you owned it.
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This article originally appeared on GOBankingRates.com: 5 Rare Coins You Can Sell Now to Fund Your Future Retirement
