Old San Francisco dime sells for $1.8 million

The First Art Newspaper on the Net    Established in 1996 Thursday, March 28, 2024


Old San Francisco dime sells for $1.8 million
This silver dime, one of only nine known surviving examples of the 24 that were struck in 1894 at the San Francisco Mint, was purchased for $1.8 million by Legend Numismatics. Photo: Professional Coin Grading Service.



LINCROFT, NJ.- Who says ten cents won’t buy a cup of coffee anymore? A small silver dime made in 1894 at the San Francisco Mint has been sold for $1.8 million.

“Mint records indicate only 24 dimes were struck at the San Francisco Mint in 1894. Today only nine of them with that date on the front and the letter S mintmark on the back are known to still exist. This was a record price for this particular example,” explained Laura Sperber president of Legend Numismatics of Lincroft, New Jersey. She acquired the coin for $1.8 million on behalf of collector Bruce Morelan of Las Vegas, Nevada.

“Bruce now owns the trifecta of multi-million-dollar United States numismatics: one of the eight known original 1804 U.S. silver dollars, one of the five known 1913 Liberty Head nickels and now one of the nine known 1894 San Francisco dimes. We are looking at the possibilities of publicly exhibiting all three together at a major rare coin show,” said Sperber.

“I’m very excited at the opportunity to own this magnificent coin,” stated Morelan. “Very few collectors have ever owned all of the top three most famous American rarities. I’m proud to join that very exclusive group that includes such legendary 20th century collectors as Baltimore financier Louis E. Eliasberg Sr. who was nicknamed ‘The King of Coins,’ Wall Street investor Col. E.H.R. Green, and former Los Angeles Lakers basketball team owner Dr. Jerry Buss.”

The virtually pristine condition dime was authenticated and certified as Proof 65+ (on the numismatic grading scale of 1 to 70) by Professional Coin Grading Service of Santa Ana, California. Legend Numismatics purchased it from rare coin dealers Kevin Lipton of Beverly Hills, California and John Albanese of Far Hills, New Jersey.

“This was the third 1894-S dime acquired for collectors by Legend since our company’s founding in 1987,” said Sperber.










Today's News

September 13, 2021

The Impact of Color in Caucasian Rugs (Part 2)

Wrapping of Arc de Triomphe begins in Christo tribute

The Fundació Joan Miró receives a new set of works by Joan Miró on long-term loan from the artist's family

Adam Pendleton is rethinking the museum

Exhibition reveals Aristotle's ongoing legacy through rare books and manuscripts from early modern Europe

Regen Projects opens a career-spanning exhibition of works by Jack Pierson

National Portrait Gallery's iconic Tudor and Bloomsbury portraits to go on tour

George Soros is making changes at his foundation while he still can

Exhibition offers a focused survey of the later years of Robert Rauschenberg's career

Sculpture By The Sea, Bondi delayed to 2022

Bertrand Lavier's 'Nouveaux tableaux 2005' opens at kamel mennour

Old San Francisco dime sells for $1.8 million

Exhibition of American drawings reflects broader image of nation

Steidl to publish a new book by Philipp Keel

Exhibition features key works dating from the 1980s to the 2000s by Regina Vater

For a fractured Israel, a film offers ominous lessons from ancient past

Solo exhibition of new work by Bettina Pousttchi opens at The Buchmann Galerie

Van Eaton Galleries to offer over 1,000 lots of extraordinary pop culture artifacts

Fine Asian antiques will headline EstateOfMind's two-session auction

Everything you need to know about the Met Gala 2021

The 12th Austrian Frederick Kiesler Prize for Architecture and the Arts goes to Theaster Gates

Jane Campion, New Zealand's humble cinema giant

Top orchestras have no female conductors. Is change coming?

Teresa Zylis-Gara, plush-voiced Polish soprano, dies at 91

6 Health Benefits Of CBD for Seniors

The Secret Code of CBD health Benefits for Skin




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

sa gaming free credit
Attorneys
Truck Accident Attorneys
Accident Attorneys

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site Parroquia Natividad del Señor
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful