10 rarest and most valuable coins in the world (With Pictures)

2. Flowing Hair Dollar

First minted in 1794, the Flowing Hair dollar was the first dollar coin issued by the United States federal government. It was designed by Robert Scot, its size and weight resembling those of the then popular Spanish dollar. SEE ALSO: The 10 most expensive Luxury yachts in the world & who own them (With Pictures)

The coin, composed of silver and copper, sported a bust of liberty on one side and an eagle on the other. It was replaced the next year. The historical importance and rarity makes it a favourite of the collectors. In 2013, a specimen of the 1794 mint was auctioned for a record $10 million.