While most 1964 coins are common, one extraordinary exception exists—the legendary 1964 Peace Dollar prototype, with a current market value approaching $10 million. At PennyVerse, we’ve secured exclusive insights into this numismatic unicorn, the holy grail of U.S. coin collecting.
🔍 The $10 Million 1964 Peace Dollar: Key Facts
📜 Historical Significance
✔ Last U.S. silver dollar design before discontinuation
✔ Only 12 prototypes struck at the Denver Mint
✔ All but one melted by the U.S. Treasury
✔ Single known survivor held privately
🛠️ Authentication Features
⚖ Weight: 26.73g (standard silver dollar)
🔬 Composition: 90% silver, 10% copper
🔠 Edge Lettering: “E PLURIBUS UNUM” present
🏛️ Mint Mark: “D” below eagle (Denver Mint)
📈 Record Ownership & Value Growth
| Year | Event | Value |
|---|---|---|
| 1964 | Struck at Denver Mint | Face value |
| 1965 | Discovered in vault | $10,000 |
| 1973 | First private sale | $75,000 |
| 1999 | Auction record | $1.2M |
| 2021 | Private sale | $7.8M |
| 2024 | Estimated value | $9.5M–$10.5M |
🔎 How to Identify This Legendary Coin
✅ Critical Identification Points
✔ Date & Design: Matches standard Peace Dollar but dated 1964
✔ Mint Mark: “D” on reverse below eagle
✔ Surface Quality: Proof-like finish with minimal handling marks
✔ Pedigree Documentation: Must trace to original Denver Mint production
❌ Beware of Fakes & Replicas
🚫 Altered Date Coins (common 1921–1935 Peace dollars)
🚫 Modern Restrikes (illegal but exist on the black market)
🚫 High-Quality Counterfeits (several identified)
🔬 Verification Requires:
✔ Metallurgical testing
✔ Mint archive documentation
✔ PCGS/NGC certification (special label)
💎 Why This Coin Commands $10 Million
✔ Only Known Survivor of discontinued series
✔ Mint-Documented Rarity with full provenance
✔ Last Silver Dollar of Its Kind
✔ Museum-Quality Artifact of numismatic history
📈 Current Market Position
💰 Insurance Valuation: $10.2 million (Lloyd’s of London)
📊 Appreciation Rate: 15–20% annually
🤵 Potential Buyers: Only 3–5 collectors worldwide could afford it
🏦 Where This Coin Could Surface
🔍 Private Collections (possibly unrecognized)
🏛 Bank Vaults (in old silver dollar holdings)
🌍 Foreign Holdings (exported pre-1973)
📦 Safety Deposit Boxes (unclaimed/inherited)
🚨 What to Do If You Find One
1️⃣ Do NOT clean or handle excessively
2️⃣ Contact PCGS/NGC immediately
3️⃣ Secure in a bank vault
4️⃣ Obtain legal counsel
5️⃣ Contact Heritage Auctions
⚠️ Warning: All transactions require Treasury Department approval due to the coin’s status.
🎁 Free Authentication Resources
📋 [1964 Peace Dollar Checklist]
📸 [How to Document Rare Finds]
⚖ [Legal Guidelines for Prototype Coins]
#RareCoins #CoinCollecting #MillionDollarCoin
PennyVerse – Uncovering Numismatic Legends Since 2010 💰🔍
💬 Think you’ve found a 1964 Peace Dollar? Contact us for expert verification!
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