This coin was sold for 500,000 PLN.
The 506,000 yen dime minted in the 1970s was sold for dollars, but is considered highly valuable because it lacks the distinctive mint mark. Moreover, it had been hidden inside the bank for nearly half a century. The current owner of the dime wishes to remain anonymous.
The dime was minted in 1975 at the United States Mint in San Francisco. It is one of two coins that the Mint called “the rarest coins of the 20th century.”
The dime features a portrait of former U.S. President Franklin Roosevelt. However, lacking the distinctive S-shaped mint mark, this coin has gained tremendous value over the years.
The value of a dime is…$500,000
Three sisters from Ohio, who asked to remain anonymous, inherited the coin after their brother's death. The man bought it in 1978 and kept it in a bank safe for the next 46 years.
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Ian Russell, president of GreatCollections, a California company that runs the online auction, said the coin sold for $506,250 (more than 2 million zlotys). A 1975 twin coin, also without the S mark, sold for 456,000 złoty. $1 at auction 5 years ago.
The precious coin was kept in the bank for 46 years. Not without reason
Neither coin entered general circulation. That's because it was part of a special set issued by the Mint, consisting of six coins, and selling for $7 each at the time. Collectors knew it existed but didn't know where it was from the late 1970s until both auctions.
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“The collector who bought the coin in 1978 and kept it in the bank for 46 years was really confident in the coin's rarity and long-term appeal,” Russell told USA Today.
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