Currency
Three sisters inherited a rare coin that will bring them wealth: what it looks like
Three American women inherited a rare coin that had been kept in a bank safe for over 40 years. It turned out that it could bring them more than 500 thousand dollars.
According to the Associated Press, the owners of the coin wished to remain anonymous. It is known that they live in Ohio and inherited the coin from their late brother.
It is a 10-cent coin with the image of President Franklin D. Roosevelt on the obverse. It was minted by the U.S. Mint in San Francisco in 1975, but it lacks the San Francisco Mint's "S" mark.
Only two such coins are known to exist, but their location has remained a mystery since the late 1970s. The second was sold at auction in 2019 for $456 thousand.
"They have been hidden for decades. Most major collectors and dealers have never seen them," said Ian Russell, president of GreatCollections auction company.
The owners of the coin shared with him that their brother and mother bought it back in 1978 for $18,200. At the time, their parents were running a dairy farm, but they already realized that the coin could become part of their financial airbag. Russell was told about the coin by his late brother in 2017, after taking a promise of silence from him
It will be on public display at an exhibition in Tampa, Florida. The coin will remain there until the end of the auction in late October.
OBOZ.UA also reported that Denmark has started selling a unique numismatic collection of 20 thousand coins, medals and awards from Denmark, Sweden and Norway. In the first batch, almost 300 coins were sold under the hammer, including a unique lot that was bought for 1.2 million euros.
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