The Revolutionary War era was a turning point in American history, not only for independence but also for the birth of American coinage. Coins from this period hold immense historical value, making them highly sought after by collectors and historians. Let’s look into four Revolutionary War-era coins that are incredibly valuable today, their unique histories, and why they continue to captivate numismatists.
Table of Contents
Continental
Minted in 1776, the Continental Dollar stands out as one of the most iconic coins of the Revolutionary War period.
Design and Symbolism
The obverse features the inscription “Continental Currency,” the year 1776, and a sundial with the motto “Mind Your Business,” symbolizing self-reliance. The reverse often showcases a linked chain with thirteen links, representing the unity of the original colonies.
Metal Composition
Continental Dollars were struck in pewter, brass, and silver. Pewter examples are more common, while silver and brass varieties are exceedingly rare and highly prized.
Value Today
Depending on condition and metal, these coins can sell for $50,000 to over $1 million. A rare silver specimen recently sold for nearly $1.5 million, underscoring its value to collectors.
Massachusetts
The Massachusetts Half Cent, minted between 1776 and 1778, represents some of the earliest official coinage in the United States.
Design and Features
The obverse features an image of an Indian holding a bow with the inscription “Commonwealth.” The reverse depicts a heraldic eagle clutching a shield, symbolizing freedom and defense.
Rarity and Scarcity
Due to limited mintage and the challenges of the Revolutionary War, only a few hundred examples remain. Many were melted down for other uses.
Market Value
These coins can fetch anywhere from $10,000 to over $150,000, with coins in exceptional condition commanding even higher prices.
Brasher
The Brasher Doubloon, minted in 1787 by goldsmith Ephraim Brasher, is one of the most legendary coins in American history.
Design and Aesthetics
The obverse features a majestic eagle with a shield, along with Brasher’s initials “EB” stamped prominently. The reverse includes the motto “E Pluribus Unum” and a sun rising over a mountain range, symbolizing the dawn of a new nation.
Why It’s Valuable
Its rarity, exquisite craftsmanship, and historical significance make the Brasher Doubloon highly desirable. Only a handful exist, and its association with one of America’s earliest goldsmiths adds to its allure.
Auction Records
In 2021, a Brasher Doubloon sold for over $9.3 million, setting a record for American coins. Even lesser-quality examples sell for over $1 million.
Virginia
The Virginia Halfpenny, minted in England in 1773, became a vital colonial currency during the Revolutionary War.
Coin Design
The obverse features King George III’s bust, while the reverse displays Virginia’s coat of arms with the Latin motto “En Dat Virginia Quintum,” meaning “Behold, Virginia gives a fifth.”
Significance
Though minted pre-war, these coins were essential during the Revolutionary period, making them historically significant.
Value and Rarity
Virginia Halfpennies in excellent condition sell for $5,000 to $15,000 or more. Uncirculated or proof-like examples command even higher prices.
These Revolutionary War coins are more than relics—they are pieces of history that tell the story of a nation in its infancy. Their rarity and historical significance ensure their continued appeal to collectors and investors alike.
FAQs
What is the Continental Dollar?
A coin minted in 1776 as an early attempt at national currency.
Why is the Brasher Doubloon famous?
It’s one of the earliest gold coins with exquisite design and rarity.
How much is a Massachusetts Half Cent worth?
Prices range from $10,000 to $150,000, depending on condition.
What makes Virginia Halfpennies valuable?
Their connection to colonial history and limited circulation.
What metals were used in Continental Dollars?
They were made of pewter, brass, and silver, with silver being rarest.