Sunday, January 27, 2013

This silver dollar was just sold for $10million

A Flowing Hair Silver Dollar, the first silver dollar struck by the United States Mint, is pictured in this undated handout photo obtained by Reuters January 24, 2013.
The Flowing Hair Silver Dollar more than doubled the previous $4.1 million auction record for a coin set in 1999, auction house Stack's Bowers Galleries said. Legend Numismatics, a rare-coin firm based in New Jersey, bought the coin, which was the highlight of the evening sale in New York that fetched a total of $17.2 million. "We felt in our heart that this would be the very first coin to exceed the $10 million barrier in auction and were in fact prepared to bid much high in order to acquire this unique piece of history," the company said in a statement, adding it had no plans to sell the coin in the near future.
Read article here

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