Dime Sold for Almost $1.6 million

[kapiti-migration]

i have recently read an article about a 1894-S Barber dime, wich was sold almost for $1.6 million. impresive price. what do you think about this purchase? have you got any interesting news, articles about coins, medals...?

if you are interested i can give you the link: http://dig4coins.com/News/1-latest_news/89-Dime%20Sold%20for%20Almost%20$1.6%20million.html

[EZ_E]

Yes, very impressive. It is amazing that these ultra rare coins are now being turned over every 2-3 years from purchase and bring record prices every time.

 

p.s. Welcome to the boards!!

[carson city]

Rumors have it that that $1.6 million magically turns into $6.1 with a double CAC sticker !

[Zoins]

Rumors have it that that $1.6 million magically turns into $6.1 with a double CAC sticker !

Some coins have more than doubled moving from one brand of plastic to another! No sticker needed

[BillJones]

The reported mintage for the 1894-S dime is 24. About a dozen pieces are known today ranging in grade from Good-4 to this piece in Proof-66. The low grade piece was purchased over counter at Gimbels department store in New York City in the early 1960s. The price paid was reportedly $2,000.

 

The price for this piece actually sounds a little low given the grand scheme of things. This example is supposed to be finest known, and the population is only about a dozen pieces.

[Tradedollarnut]

That's only the third finest specimen graded - not the 'finest known'.

[MarkFeld]

The reported mintage for the 1894-S dime is 24. About a dozen pieces are known today ranging in grade from Good-4 to this piece in Proof-66. The low grade piece was purchased over counter at Gimbels department store in New York City in the early 1960s. The price paid was reportedly $2,000.

 

The price for this piece actually sounds a little low given the grand scheme of things. This example is supposed to be finest known, and the population is only about a dozen pieces.

The example that was linked was a Proof 64, not the Proof 66 which sold earlier this year (for 1.85 million?).

[Revenant]

If you want to see interesting articles I suggest www.coinflation.com. Great site.

[kryptonitecomics]

I wouldn't have bid on it.....I only want the finest known.....3rd best.....must be a real dog

[Revenant]

The reported mintage for the 1894-S dime is 24. About a dozen pieces are known today ranging in grade from Good-4 to this piece in Proof-66. The low grade piece was purchased over counter at Gimbels department store in New York City in the early 1960s. The price paid was reportedly $2,000.

 

The price for this piece actually sounds a little low given the grand scheme of things. This example is supposed to be finest known, and the population is only about a dozen pieces.

The example that was linked was a Proof 64, not the Proof 66 which sold earlier this year (for 1.85 million?).

 

Sounds about right on the PF66 price.

[James_OldeTowne]

I think it brought that much only because it's in a PCGS holder. PCGS coins are worth more, you know.