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Dime sells for $1.6 million at bid auction


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#1 Hum

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Posted 10 August 2012 - 22:12

PHILADELPHIA — A dime made in 1873 has cost someone a pretty penny: It sold for $1.6 million at auction.

The rare coin was minted in Carson City, Nev., during a one-day run of dimes.

An anonymous bidder won the pristine coin, said Chris Napolitano, president of Stack's Bowers Galleries, which auctioned it during an American Numismatic Association convention. The final price included a 15 percent buyer's fee.

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

The 1873-CC "No Arrows" Liberty Seated dime was auctioned Thursday night. It's part of the Battle Born Collection, which contained one of every coin struck in Carson City before the mint there closed in 1893.

source


#2 z0phi3l

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Posted 10 August 2012 - 22:21

This is what 1.6 mil looks like:

Posted Image

#3 PmRd

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Posted 10 August 2012 - 22:24

This would have been a nice addition to my great wall of Ferraris and Panda fur collection lol

But seriously.. some people don't even know how they are going to eat tomorrow while others can spend a million a half for a stupid ****ing piece of metal.. It's a sad world

#4 z0phi3l

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Posted 10 August 2012 - 22:35

View PostPmRd, on 10 August 2012 - 22:24, said:

This would have been a nice addition to my great wall of Ferraris and Panda fur collection lol

But seriously.. some people don't even know how they are going to eat tomorrow while others can spend a million a half for a stupid ****ing piece of metal.. It's a sad world

We will never eradicate hunger, no matter what you feel otherwise, you're just jealous that someone could afford to pay that amount, don't hate, it ages you early

#5 PmRd

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Posted 10 August 2012 - 23:37

View Postz0phi3l, on 10 August 2012 - 22:35, said:

We will never eradicate hunger, no matter what you feel otherwise, you're just jealous that someone could afford to pay that amount, don't hate, it ages you early

I hope we can eradicate stupid comments like yours

#6 +Vice

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Posted 10 August 2012 - 23:42

Seems excessive for a coin but hey if I was that rich I'm sure I'd buy stupid **** too.

#7 z0phi3l

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Posted 10 August 2012 - 23:47

View PostPmRd, on 10 August 2012 - 23:37, said:

I hope we can eradicate stupid comments like yours

How liberal of you, erase all dissent in any way possible, right?

#8 PmRd

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Posted 10 August 2012 - 23:54

View Postz0phi3l, on 10 August 2012 - 23:47, said:

How liberal of you, erase all dissent in any way possible, right?

Is there something wrong with you?

#9 OP Hum

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Posted 10 August 2012 - 23:59

One heck of an investment :woot:

#10 theyarecomingforyou

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Posted 11 August 2012 - 00:10

When I read the title I thought it was going to be about this (it used to be called "Dime"):

Posted Image

#11 roadwarrior

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Posted 11 August 2012 - 11:20

View Postz0phi3l, on 10 August 2012 - 23:47, said:

How liberal of you, erase all dissent in any way possible, right?
I'm about as conservative as it gets, and I agree with him. Spending that kind of money on something that (other than its rarity) is essentially worthless speeks volumes about the greedy nature of some people.

#12 vetGrowled

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Posted 12 August 2012 - 01:24

I wish it had been mine to sell. Sigh. :p