Rare silver dollar sells for $3,202 – do you have the coin or another $1,000 piece in your change?
A RARE silver dollar sold online for over $3,000.
The unique coin was listed on eBay for just under a dollar until the bidding war started.
The silver dollar was on the market for 10 days and quickly jumped from $31 to $200 in nearly 10 minutes.
The price hikes didn't stop there.
The coin swiftly rose to $400 and increased by about a hundred dollars with each bid until finally selling for a cool $3,202.
The rare 1798 silver dollar was minted in Philadelphia and designed by the chief engraver of the US Mint Robert Scot.
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In 1793, Mr Scot was influenced by American painter Gilbert Stuart’s portrait of a society lady and turned the coin's image into the ample Ms Liberty called the Draped Bust, according to the seller.
Her likeness remained fixed for a number of years with the exception of an added curl to her hair in 1798, the same year as this coin.
This particular coin was in circulation, but stayed in very good condition.
Though it's uncertified the seller stands behind the quality and condition.
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How valuable are Draped Bust coins?
These rare Draped Bust dollars can be extremely prized.
According to the Professional Coin Grading Services (PCGS), among the early silver dollars, the Draped Bust obverse combined with the Small Eagle reverse is likely the rarest and most valuable.
Between the 1795-1798 dates, prices for all four coins are roughly the same with some minor design tweaks.
However, those tiny changes can have massive impacts on price.
Some 1798 silver dollars are going for around $1,500 but can get up to $10,000 depending on certification, grade and design.
What is your spare change worth?
These silver dollars are not the only coins that could be valuable.
Make sure to check your spare change for any rare nickels, half dollars, dimes, and others as many of these coins could sell for thousands.
Typically, the most valuable coins are ones with a low mintage or an error, as collectors find those coins are some of the rarest.
A great website to check if your coins are treasured is eBay.
Just search the full coin name, select the "sold" listing and then toggle the search to "highest value.”
If your coins are rare and valuable, you can sell them on eBay or go through a specialist site such as Coinappraiser or USA Coin Book.
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Read More on The US Sun
The Sun spoke with coin expert about the most valuable Lincoln pennies.
Plus, these are the most valuable coins in circulation.
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