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On May 21, 1996, the Eliasberg specimen of the 1913 Liberty nickel sold at auction for $1,485,000, becoming the first United States coin to sell for more than a million dollars. Interestingly, a 1913 Liberty nickel was also the first United States coin to sell for $100,000 when Abe Kosoff sold the Olsen-Farouk-Hydeman specimen to John Hamrick of World-Wide Coin Investments for $100,000 in 1972.
Today, we estimate that there are 235 United States coins that have sold or would sell for $1,000,000 or more at auction. There are 101 individual coin issues and 235 individual coins that now make up the Million Dollar Coin Club. Our estimate for the total current value of these 210 United States coin rarities is $528,600,000! On the PCGS CoinFacts website (pcgscoinfacts.com), you will find images, rarity analysis, condition census and pedigrees, auction price histories, and lengthy expert narratives for all the “members” of the PCGS CoinFacts Million Dollar Coin Club.
Ultra rarities, the coins in the PCGS CoinFacts Million Dollar Coin Club, are usually purchased for two purposes. Some individuals collect a certain series of United States coins and their Million Dollar Coin Club coins are part of their collection. For example, if you collect proof Trade dollars, then an 1885 proof would be part of your collection needs. Other individuals may purchase a Million Dollar Coin Club coin “just to have it.” Several past owners of a 1913 Liberty nickel have stated that it was their childhood fantasy come true to own a 1913 Liberty nickel.
For whatever reason you acquire a Million Dollar Coin Club coin, you become a member of a very elite numismatic club. To celebrate the PCGS CoinFacts Million Dollar Coin Club, its coins and owners past and present, the PCGS Set Registry offers this set composite devoted to the Million Dollar Coin Club coins and their owners. This set includes all the issues in the PCGS CoinFacts Million Dollar Coin Club, including the coins permanently impounded in the Smithsonian Institution and other museums.