Discovering coins that are as valuable as owning a BMW car means exploring rare, highly sought-after pieces in the numismatic world. The value of a coin can be determined by several factors including its rarity, condition, historical significance, and demand among collectors.
This penny is one of the most sought-after by collectors due to its rarity and historical significance. The "S" denotes the San Francisco mint, and "VDB" are the initials of the coin's designer, Victor David Brenner, which are prominently displayed on the reverse of a limited number of coins.
The Mercury Dime series is beloved by collectors, but the 1916-D version is particularly valuable due to its low mintage numbers. It was the first year of the Mercury Dime series, and the Denver mint produced significantly fewer coins than the Philadelphia and San Francisco mints.
The 1893-S Morgan Dollar is one of the rarest and most valuable of the Morgan Dollar series, primarily because of its very low mintage. With just 100,000 coins produced, it's a key date for collectors. In high grades, this coin can command prices equivalent to a luxury vehicle.
The value of these coins can vary widely based on their condition, known as the grade, and market demand. High-grade examples, especially those certified by reputable coin grading services, can command premium prices.