1894 dime sells for $2 million

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1894-S Dime sells for $2 million at 2016 FUN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Rare dime sells for $1.32 million at Chicago auction. A rare dime made in 1894 sold for more than $1.3 million at a Chicago auction. In 2015, the “U.S. Only nine are known to still exist today. One of the rarest coins in the world has sold for nearly $2 million and some of the same coins are still in circulation. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. It is one of the rarest and most highly prized United States coins for collectors, along with the 1804 dollar and the 1913 Liberty Head nickel. On Thursday, January 7, Heritage sold a 1894-S dime for just short of $2 million.How can a 122 year old dime be worth so much? This week, one of the elusive 1894-S Barber Dimes went to auction, selling for an astounding $1,997,500. Rarity, pure and simple. One of the classic rarities of United States numismatics has traded hands. The coin, which is often lumped in with the 1913 Liberty nickel and the 1804 dollar as part of the trio that is “The Big Three” in American numismatic rarities, was sold at auction on Thursday evening at the Florida United Numismatists show in Tampa, Florida. Online bidding for the coin had already reached $850,000 Wednesday. For the latest business news and markets data, please visit CNN and although more than 2.3 million of them were made, fewer than 10 are known. David Hall, co-founder of Professional Coin Grading Service of Santa Ana, California, told, “A couple of coins have been known among the rarest of the rare for 100 years and this is one of those numismatic icons.” Rare 1894 Dime Was Just Sold For $2 Million At Auction. The 1894-S dime was struck at the San Francisco Mint. David Quint, a coin collector, told CBS Tampa affiliate WTSP-TV that the rare dime “has been folklore in numismatics.”, It’s obviously an extremely rare coin and a coin that has been folklore in numismatics […] It’s one of the more famous rare coins. Heritage Auctions, one of the largest auction houses in the world, reported over $860 million in total sales in 2015, marking its second best year to date. Only 24 were minted, and of those, only nine are known to survive; all nine (as was the entire mintage) were proof coins; two are heavily worn impaired proofs. Only 24 were made, and only nine likely still exist. The 1894-S Barber dime is a dime produced in the United States Barber coinage. The 1894-S Barber Dime is considered, along with the 1804 dollar and the 1913 Liberty nickel, to be one of “The Big Three” of United States numismatic rarities. First published January 8, 2016: 7:47 AM ET, Heritage Auctions said in a press release, These are your 3 financial advisors near you, This site finds and compares 3 financial advisors in your area, Check this off your list before retirement: talk to an advisor, Answer these questions to find the right financial advisor for you, An Insane Card Offering 0% Interest Until Nearly 2020, Transferring Your Balance to a 14-Month 0% APR is Ingenious, The Top 7 Balance Transfer Credit Cards On The Market Today, Get $300 Back With This Outrageous New Credit Card. An extremely rare 1894 dime, one of only 24 minted and once owned by former Lakers owner Jerry Buss, has sold at auction for $1.32 million, including the buyer’s commission. In 2016, an 1894-S dime sold for $2 million at a Florida auction. In 2016, an 1894-S dime sold for $2 million at a Florida auction. CNN Sans™ & © 2016 Cable News Network. Who in their right mind would pay two million dollars for something worth only $0.10? In 2016, another 1894-S dime sold to an anonymous buyer for almost $2 million. Only nine of the rare 1894-S dimes are known to exist, according to auction house Stack’s Bowers Galleries. Most stock quote data provided by BATS. It is, in fact, one of the rarest in the world, as less than ten are known to exist. Numismatic history was made in the Stack’s Bowers Galleries Official Auction at the 2019 ANA World’s Fair of Money, where an example of the legendary 1894-S Barber dime sold for over $1.3 million in lot 5178.Certified Branch Mint Proof-63 by PCGS and verified by CAC, this coin is one of just nine confirmed survivors from an original mintage of only 24 pieces. When is a dime worth millions? A coin collector has just paid nearly $2 million for a dime, but the 1894-S Barber is by no means an average dime. One was sold in 2005 for $1.3 million, and another for $1.9 million in 2007. 1894-S Barber Dime brings almost $2 Million in Heritage Auction. The 1894-S Barber is one of the rarest in the world. The dime once belonged to Jerry Buss, the late owner of the NBA’s Los Angeles Lakers. That's why it was auctioned for $1,997,500 in Tampa on Thursday. By. The collector purchased an 1894-S dime. This wasn’t just any dime — it’s one of the rarest coins in the world. (Source: CBS) Rare dime sells for $1.32 million at Chicago auction. Copy Link; Email; Facebook; Twitter; Reddit; Pinterest; LinkedIn; Tumblr - All Rights Reserved, Father Says Pat Down Of Daughter By TSA Agent ‘Uncomfortable’, Nearby Supermassive Black Hole Generating Powerful X-Ray Emissions, Judith Kaye Dead: New York’s First Female Chief Justice Dies At 77, Bikini Barista Dies After Freak Espresso Stand Explosion. According to CNN Money, the 1894-S Barber dime is one of the rarest American coins in the world. The buyer is choosing to remain anonymous, according to Heritage. The recently sold dime that fetched nearly $2 million at auction is one of only 24 produced at the San Francisco Mint and according to The Associated Press, it is likely that there are only nine left in existence. That's because a financial crisis in 1893 killed demand for new coinage, and almost all the dimes were melted down. It’s an 1894-S barber dime, one of only 24 ever made. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Recently, an 1894-S Barber dime, which was struck at the San Francisco mint sold for almost $2 million! Rare 1943 copper coin fetches a pretty penny in auction: $204,000 The dime once belonged to Jerry Buss, the late owner of the NBA's Los Angeles Lakers. The auction house, Heritage Auctions, also conveyed the new owner’s inclination to remain anonymous. The winner–who paid $1,997,500 for the extremely rare dime–is a seasoned collector who secured the coin’s ownership by outbidding 15 other potential buyers, according to the auction house. The 1894-S dime was struck at the San Francisco Mint . This Nov. 10, 2015, photo combination provided by Heritage Auctions, shows the front and back of a rare 1894 dime that sold for $2 million on Thursday Jan. 7, 2016, in Tampa, Fla… The auction house is running a series of auctions on U.S. coins from Jan. 6 to 11. The Five most scenic European Towns with JustFly, Taking Advantage of the Facebook Money Machine, Copyright © immortal.org. At a recent auction in Tampa, Florida, one was sold for $1,997,500. No, this particular coin that went to auction Thursday evening in Tampa sold for just under $2 million. January 8, 2016 March 11, 2018 martin. Buy, Value or Appraise Your US Coins. The dime once belonged to Jerry Buss, the late owner of the NBA's Los Angeles Lakers. Another 1894-S dime sold … They stated that the 1894 dime is called the S-barber dime. A coin collector has just paid nearly $2 million for a dime, but the 1894-S Barber is by no means an average dime. A buyer paid $2 million for an 1894 dime, one of only nine of its kind thought to exist today, at a Tampa auction Thursday, taking home a piece of coin-collecting history. Only nine of these dimes still exist, according to CNN. People could look almost anywhere and they might show up. Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. It is, in fact, one of the rarest in the world, as less than ten are known to exist. Tweet on Twitter. A rare dime made in 1894 sold for more than $1.3 million at a Chicago auction. The previous owner also chose to retain their anonymity. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Just $2,500 shy of two big fat millions. back in 1894 comes as the result of harsh economic times – a nationwide recession. Share this Story: Not a dime a dozen: Rare 1894 dime sells for nearly $2M in Tampa auction. Stack’s Bowers Galleries says the coin sold at the auction last week for $1.32 million. In 2013, a silver dollar from 1794 broke a record when it sold for $10,016,875, according to coin auctioneer Stack's Bowers Galleries in Irvine, Calif. Sold by Heritage Auctions, Jan. 7, 2016, at Florida United Numismatists (FUN) Convention in Tampa; famous coin makes only its fourth appearance at auction in history. Disclaimer. "The 1894-S Barber dime is a classic rarity in American coinage, often grouped with the 1804 dollar and the 1913 Liberty nickel as The Big Three of United States numismatic rarities," Heritage Auctions said in a press release. In order to stir things up in the search for the other Barbers that may be in existence, of which there might be as many as 13, Heritage Auctions is offering $10,000 to anyone that can produce any genuine specimens that have otherwise gone unreported. A Warner Media Company. The limited number of Barber dimes minted in S.F. Business. You read that correctly — one dime was recently auctioned off in Florida for $1,997,500. “The 1894-S Barber dime routinely sells for more than $1 million on the infrequent occasions when an example is offered at public auction, and private sales have been reported for more than $2 million, but the opportunity to own and contemplate one of these magnificent coins is truly priceless.” In 1957, one of the latter was found in a junk coin box at Gimbels Departm… The 1894-S Barber Dime was struck at the San Francisco mint. All times are ET. It last went up for auction in 1988. Coins” category dragged in more than $254 million in sales as it continued to be the auction house’s largest category. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. The dime was made in … All Rights Reserved. ... Share on Facebook. Mark Borckardt, a senior numismatist with the auction house, was quoted by CBS as having said that the missing Barbers “could be in somebody’s desk drawer” or simply “sitting in somebody’s bank box.”, They could be in somebody’s desk drawer. Specifically, for the coveted 1894-S Barber dime. Many of the coins are priced in the hundreds of dollars, instead of the thousands or millions. Bid or buy US coins for sale, value your item, or request a free appraisal to sell your collection.. Subsequently, Barber dimes like this one that sold for $1.9 million serves as rare pieces of American history. It … You Could Be Looking at a $2 Million Paycheck The next time you go fishing through your coins , we recommend you take a closer look at the dimes. When it’s the extremely rare 1894-S Barber that recently fetched nearly $2 million at auction. According to experts, the recently auctioned coin was in perfect condition at the time it was sold. TAMPA, Fla. (AP) — Whatever disparaging cliche you've heard about the lowly dime — dime a dozen, nickel and dimed, dime's worth of difference — it's not true of this dime. No, this particular coin that went to auction Thursday evening in Tampa sold for just under $2 million. All rights reserved. It last went up for auction in 1988. RARE DIME SELLS FOR $2M AT FLORIDA AUCTION The dime will be auctioned on Aug. 15 … The San Francisco mint made about 2.5 million of these dimes, but fewer than 10 are still known to exist, according to Heritage. John Feigenbaum, President, David Lawrence Rare Coin, Interviewer: David Lisot. Dime Sells for Nearly $2 Million! They could be sitting in somebody’s bank box. The extremely rare 1894-S dime was made at the San Francisco Mint, The Associated Press reported , but tough economic conditions meant only 24 were minted and just nine are thought to still be around today. A Utah businessman bought a 125-year-old dime for $1.32 million last week at an auction in Chicago. Filed Under: 1894 Dime, Dime, Dime Auction, Rare Dime, Rare Dime Auction A super rare dime sold at auction in Tampa for just under just under $2 million. I don't know who was preparing their facts, but it's pretty horrible. Barber-S 1894, one of the rarest dimes, sold at Florida auction for nearly $2 million. © 2020 Cable News Network. But not just any dime. Only 19 went into circulation. Rare 1894-S Barber that recently fetched nearly $ 2 million President, David Lawrence rare coin, Interviewer: Lisot! American coins in the world mind would pay two million dollars for worth! $ 2M in Tampa sold for $ 1,997,500 to CNN Money, the late owner of the rarest in! Auction in Chicago the latest business news and markets data, please visit CNN business in 2007 1.3 million Chicago... Auctions on U.S. coins from Jan. 6 to 11 no, this particular coin that went to auction Thursday in... 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