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Sunday, August 12, 2012

Dime Sells For 1.6 Million

Dime Sells For 1.6 Million - Bid auctions for coins are rather non-news, but when a rare 1873 Liberty dime sells for $1.6 million, it makes headlines. That's what happened Thursday in Carson City, Nev. when a group of coin bidders were jockeying for the Battle Born Collection item.

ABC News reported the story Friday about the one-day-auction that attracted some eager bidders, who wanted to get their hands on the piece of numismatic treasure.

One bidder at the coin auction, who wished not to be identified, took home a rare 1873-CC "No Arrows" Liberty Seated dime from Stack's Bowers Galleries in Carson City.

Chris Napolitano, the president of the coin auction house said this about the Battle Born Collection rare dime that sold for $1.6 million:

"Generally speaking, in the coin auction business, you might get a couple of people fighting each other as they bid. On this one, we had four or five buyers over a million dollars. We had a fair amount of buyers pursuing it."

The Battle Born Collection is known for having one of every coin that was struck during 1873 in Carson City before the mint closed 20 years later.

Other than the rare dime that sold for $1.6 million, 111 other pieces were auctioned off on bid totaling $10 million. Of course 15% of that was taken out as part of a buyer's fee.

Dime Sells For 1.6 Million Rating: 4.5 Diposkan Oleh: Tips SEO Youtube 2019

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