Coins minted during the World Wars hold significant historical value due to their unique origins, limited circulation, and the contexts in which they were produced. For collectors and investors alike, these coins are prized as rare relics, representing the resilience, artistry, and economic shifts of their time. Here, we examine six of the most valuable and sought-after coins linked to the World Wars, each with its own historical story and impressive modern-day worth.
Six Rare and Valuable World War Coins
1. 1907 Saint-Gaudens Double Eagle
Designed by renowned sculptor Augustus Saint-Gaudens, the Double Eagle was first minted in 1907. While its design celebrates American progress, the coin also gained symbolic importance during World War I. As the value of gold surged amid wartime economic pressures, the Double Eagle became a sought-after item. Today, uncirculated versions of this gold coin can reach over $1.5 million in value, making it one of the most valuable American coins.
- Material: Gold
- Rarity Level: Extremely Rare
- Approximate Value: $1.5 million+
2. 1916 Standing Liberty Quarter
The Standing Liberty Quarter, introduced in 1916, features an image of Liberty standing firm, embodying American strength and resilience during the World War I era. This coin became a symbol of the nation’s perseverance and resolve, and variations, particularly high-grade specimens, hold considerable value. Collectors prize it for its historical significance and aesthetic appeal.
- Material: Silver
- Rarity Level: Rare
- Approximate Value: $10,000+
3. 1943 Copper Penny
One of the most renowned error coins in U.S. history, the 1943 Copper Penny was created by mistake during World War II. Due to a copper shortage, most pennies minted in 1943 were made of steel. However, a few copper planchets were accidentally struck, producing a copper penny. These rare coins can fetch over $100,000 today, with their scarcity and the circumstances of their creation making them highly coveted among collectors.
- Material: Copper
- Rarity Level: Ultra Rare
- Approximate Value: $100,000+
4. 1918/7-D Buffalo Nickel
The 1918/7-D Buffalo Nickel is famous for its unique overdate error, where a “7” is visibly stamped over an “8.” Minted in 1918, this coin has become a valuable piece due to its rarity and unusual production. Collectors regard the coin as a fascinating artifact of World War I, and high-grade specimens can command significant prices.
- Material: Nickel
- Rarity Level: Very Rare
- Approximate Value: $45,000+
5. 1944 Steel Penny
Following World War II, the U.S. Mint returned to using copper for pennies; however, a few steel planchets from the prior year were mistakenly stamped with the 1944 date. These 1944 Steel Pennies stand out as anomalies and are highly prized for their rarity and unusual composition. Known for their striking appearance, these coins are easily recognizable and hold significant value among collectors.
- Material: Steel
- Rarity Level: Rare
- Approximate Value: $85,000+
6. 1936 York County Tercentenary Half Dollar
Although not directly linked to wartime events, the 1936 York County Tercentenary Half Dollar commemorates the 300th anniversary of York County, Maine, and was popular among World War II soldiers and supporters. This coin is limited in circulation and remains valuable to collectors due to its historical relevance and commemorative significance.
- Material: Silver
- Rarity Level: Limited Issue
- Approximate Value: $6,000+
| Coin | Year | Material | Rarity Level | Approximate Value |
|---|---|---|---|---|
| Saint-Gaudens Double Eagle | 1907 | Gold | Extremely Rare | $1.5 million+ |
| Standing Liberty Quarter | 1916 | Silver | Rare | $10,000+ |
| 1943 Copper Penny | 1943 | Copper | Ultra Rare | $100,000+ |
| 1918/7-D Buffalo Nickel | 1918 | Nickel | Very Rare | $45,000+ |
| 1944 Steel Penny | 1944 | Steel | Rare | $85,000+ |
| York County Tercentenary Half Dollar | 1936 | Silver | Limited Issue | $6,000+ |
These coins are more than just currency—they are cherished artifacts that tell stories of resilience, innovation, and commemoration. For collectors, owning one of these pieces is akin to holding a tangible part of history, a link to the past that carries both intrinsic and monetary value.
What makes World War coins valuable?
A: World War coins are valued for their rarity, historical significance, unique production circumstances, and materials. Many were minted in limited quantities, with some featuring rare errors or unusual compositions, making them highly desirable among collectors.
Are World War coins a good investment?
A: Yes, World War coins often appreciate over time due to their rarity and historical value, making them attractive to both collectors and investors. However, values can fluctuate based on market demand and coin condition.
How can I verify the authenticity of a rare coin?
A: To confirm a coin’s authenticity, consult a reputable coin grading service, such as the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC), which can assess and verify its quality and authenticity.