A single gold coin, donated by an anonymous widow to GracePoint Church in Valparaiso, Indiana, sold for an astonishing $517,000 at auction, securing a new home for the congregation just in time to meet a critical financial deadline. This rare 1866 Liberty Head Double Eagle, one of only 10 known to exist, transformed from a personal burden into a blessing that’s inspiring people across the U.S.
Uncover the heartwarming story behind this historic coin, its incredible journey, and how it’s changing lives. Perfect for anyone who loves tales of generosity, faith, or rare coin collecting, this story will leave you amazed!
The Widow’s Generous Gift
An anonymous widow donated a rare gold coin to GracePoint Church in Valparaiso, Indiana, hoping it would serve as “seed money” for the church’s dream of owning a building. Since its founding in 2009, the church has held services in a local elementary school, but the congregation was racing against a financial deadline to secure a permanent home. The coin’s sale for $517,000 at a Heritage Auctions event in Schaumburg, Illinois, provided the funds needed to make that dream a reality.
Pastor Ben Lamb called the donation “an incredible gift in God’s story,” noting how it brought joy after years of hardship for the widow. The church was “totally shocked” by the coin’s value, which turned out to be a life-changing blessing.
The Coin’s Remarkable History
The donated coin is an 1866 Liberty Head Double Eagle, a $20 gold coin with the motto “In God We Trust” engraved on it. With only 10 known examples, it’s a prized treasure in the world of coin collecting. The coin held deep personal meaning for the widow, as it was the first rare coin her late husband purchased before he passed away 14 years ago.
A Dramatic Past
Four years ago, the widow faced a terrifying ordeal when four intruders attacked her at home, attempting to steal the coin. A neighbor’s quick intervention saved both her and the coin, but the incident left her feeling burdened by its presence. Donating it to the church lifted that weight, turning a painful memory into a powerful act of generosity.
Why Is the 1866 Liberty Head Double Eagle So Valuable?
This coin’s $517,000 auction price comes from its rarity, condition, and historical significance. Here’s why it’s a collector’s gem:
- Extreme Rarity: Only 10 coins of this type are known to exist.
- Historical Significance: Minted in 1866, it features “In God We Trust,” added during the Civil War era.
- Condition: Well-preserved, boosting its appeal to collectors.
- Provenance: Its emotional backstory and connection to a private collection added value.
Sarah Miller, director of numismatics at Heritage Auctions, estimated the coin would fetch at least $300,000, but strong bidding drove the price even higher.
Coin Details Table
| Feature | Details |
|---|---|
| Coin Name | 1866 Liberty Head Double Eagle |
| Minted | 1866 |
| Rarity | Only 10 known examples |
| Material | Gold |
| Face Value | $20 |
| Auction Value | $517,000 |
| Special Feature | “In God We Trust” motto |
How the Auction Helped the Church
Heritage Auctions supported GracePoint Church even before the sale by advancing $150,000 to help meet their financial deadline. The final $517,000 sale ensured the church could purchase a permanent building, ending years of renting space in an elementary school. This windfall will provide a stable home for worship, community events, and outreach programs.
Pastor Lamb emphasized the fitting timing: just hours before the deadline, the church trusted in the coin’s motto—“In God We Trust”—and their prayers were answered.
A Story of Faith and Generosity
The widow’s donation is more than a financial gift—it’s a testament to faith and selflessness. After years of carrying the coin’s emotional weight, her decision to give it away brought joy to an entire community. Pastor Lamb sees it as a divine story, where a painful past led to a hopeful future.
This act of kindness resonates beyond Valparaiso, inspiring others to give what they can, whether it’s a rare coin or a small gesture. It’s a reminder that the greatest treasures often lie in the impact we make.
Ways to Support Your Community
- Donate to local churches or charities to fund community projects.
- Volunteer time or skills to help organizations in need.
- Share stories of generosity to inspire others.
Conclusion: A Coin That Changed Lives
The $517,000 sale of the 1866 Liberty Head Double Eagle is more than a record-breaking auction—it’s a story of faith, courage, and generosity. From surviving a violent theft attempt to securing a church’s future, this rare coin’s journey is unforgettable. For coin collectors, it’s a numismatic treasure; for the people of GracePoint Church, it’s a miracle. Next time you hear about a small act of giving, remember this widow’s gift—it shows how one person’s sacrifice can transform a community. Get inspired and make a difference in your own way today!
FAQs
What Is the 1866 Liberty Head Double Eagle?
It’s a rare $20 gold coin minted in 1866, with only 10 known examples featuring the “In God We Trust” motto.
Why Did the Widow Donate the Coin?
After surviving an attack over the coin, she felt burdened by it and donated it to GracePoint Church to support their building fund.
How Much Was the Coin Worth?
The coin sold for $517,000 at auction, far exceeding its estimated $300,000 value.
How Did the Donation Help the Church?
The funds allowed GracePoint Church to buy a permanent building, meeting a critical financial deadline.
Can I Find a Coin Like This?
It’s unlikely, as only 10 exist, but checking old collections or coin shops might uncover other rare coins. Always get them graded by PCGS or NGC.