A SILVER dollar from is expected to sell between $3 million and $5 million.
Only 150 of these types of coins are known to exist, and one of these coins is the most well-preserved in history.
This silver dollar is so rare because it was made in 1794.
This means that the coin was minted 230 years ago.
The reason coin collectors are desperate to get their hands on this silver dollar is the historical significance behind this coin, according to expert John Kraljevich.
“The whole idea for the dollar begins with this coin,” Kraljevich said.
“It’s foundational for […] the U.S.’s place in world commerce.”
Other Silver Dollar coins sold at even higher prices.
The last time a 1794 Silver Dollar was on the market, it sold in 2013 for $10 million.
The multi-million dollar sale broke the world record for the most expensive coin sale.
The 2013 auction doubled the sale of another silver dollar in 1999.
That silver dollar sold for $4.1 million.
GreatCollections president Ian Russell calls the 1794 coin “America’s most coveted silver dollar.”
He added that the 1794 silver coin was likely seen by founding fathers George Washington, Thomas Jefferson, and Alexander Hamilton.
“A total of 1,758 silver dollars made in Philadelphia on a hand-turned-coining press were delivered by the United States Mint to government officials in October 1794,” Russell said.
He also said coin is the “second most valuable rare coin of any kind.”
