Exact date to have on front of your coin to make it $2.1 million – but you’ll need to spot the rare ‘proof’ detail
At auction, a RARE coin with an uncommon denomination brought $2.1 million.
The coin was worth far more than its face value because of a particular period and style.
However, because it’s a $3 coin, it’s difficult to locate, and experts speculate that this one might be special.
BIG BUCKS
In 1855, the rare coin was struck.
The currency was created in the San Francisco mint and was a byproduct of the Gold Rush, when many people came to California in search of wealth.
An S beneath the date on the front lets a close looker know where it comes from.
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They minted a $3 coin out of gold.
However, this specific coin was worth considerably more than a regular $3 coin.
That’s because it’s a proof, meaning it was among the first to be struck.
Often of superior quality, proof coins are produced for archiving or collecting purposes.
This coin was owned by a California family for years before being put up for sale, according to a listing on Heritage Auctions, the auction firm that sold it.
According to the listing, the coin was one of the most elusive issues in the US.
Rare coin ‘breaks world record’ selling for $2.52 million at auction – historic detail that ups its price tag
According to coin specialists, the quality of this specific specimen is exceptional.
The coin weighs slightly more than 5 grams and is composed of 90% gold and 10% copper.
In 2023, the uncommon coin brought in millions of dollars.
MORE COINS
There are other coins worth a lot of money besides the $3 one.
Recently, an ancient coin from New England brought $2.52 million.
What is a die break or error on a coin?
Why are these flaws on coins so uncommon, and what causes them?
A die break, sometimes referred to as a cud, is a coin fault that occurs when a die—a metallic component used to strike a coin—misses a piece close to the rim.
Coins are struck by dies with great force and impact, and the metal from the planchet—the blank portion of the coin—overlaps the space left by the die’s missing component.
Due to the US Mint’s stringent quality control procedures, coins containing these flaws are uncommon.
When such mistakes do happen, they are frequently discovered and eliminated.
Those that manage to get past the system, however, end up being valuable collector’s goods that are worth far more than their face value.
Littleton Coin Company is the source.
The straightforward design existed before the US.
A rare dime valued at $500,000 was recently auctioned by three sisters.
The family had kept it in reserve for emergencies.
Read More on The US Sun
Find out when you can earn $156,000 on a dime.
The price of Anodd Penny was $840,000.
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