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article image'Immaculate' 1873 American dime auctioned off for $1.84 million

By Marcus Hondro     Aug 12, 2012 in Odd News
If you were asking someone if they could spare a dime, this would be the dime you'd want them to offer up. An 1873 American dime, that's 139 years-old, was sold at auction in Philadelphia on Friday for $1.84 million.
The dime was made in Carson City, Nevada, during what the Philadelphia Inquirer reported was a one day minting of dimes that took place that year. Coins from that mint are highly sought after. The buyer, whose name has not been disclosed, paid only $1.6 million for the actual dime, the rest of the money spent comes from having to pay a buyer's fee.
The Battle Born Collection of coins
Along with the dime, a collection of coins called 'The Battle Born Collection', of which the dime was a part of, were sold off individually. The collection had coins of every denomination, all minted at the Carson City mint, which closed in 1893.
There were multiple bidders and the bidding started at $950,000 due to online bids already given. The auctioneer had to contend with live bidders, telephone bidders and online bidders. Brian Kendrella of the Spectrum Group, who did the bidding for the anonymous buyer, told the Inquirer "It's not rare, it's not scarce (but) it's unique. And it's pretty much immaculate."
The now 1.84 million dollar coin - which amounts to 18,400,000 ten cent coins - was auctioned off at the American Numismatic Association convention in the Philadelphia Convention Center. 'Numismatics' are people who study and collect rare coins.
More about Numismatic, American Numismatic Association, The Battle Born Collection, rare 10 cent coin, dime auctioned for $184 million
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