(July 13, 2012) - Fans of coin collecting are always looking to discover that rare find that leads to considerable wealth. A sale like the 1907 American Eagle Gold coin that went to auction in Baltimore at the end of June, is only fuel for this dream. Discovering rare coins in lots is a grand tradition, but to locate something like the 1907 Proof Ultra High Relief double eagle coin that has a minted value for $20, would send nearly any collector over the moon. While a rare coin like this is expected to increase in value over the course of more than a century, not many would have guessed that its value would increase by more than $2.7 million - a rise of more than 135,000% since it was first created. Among gold coins, double eagles might not be especially rare, but one in this pristine of condition definitely garners not just attention, but real value among collectors.
At the turn of the month, a $1 1995-W American Eagle silver dollar coin was auctioned off for $86,654 by GreatCollections auction house.