In the US, rare coins are often the most expensive. One example from the year of the American Declaration of Independence had that happen to it.
As you might have guessed, it was made in 1776. CBS19 News reported that this coin was found in a toffee tin, which was a surprise. It cost 25,000 pounds in the end.
How much did this coin cost?
It was worth $32,000 to buy a Continental Dollar. When it was first made, it was made of metal and was only 38mm across. But PCGS shows another one that sold at an auction for $246,750.
It’s not clear how many of these regional dollars were made, but it’s thought to have been around 6,000. Nevertheless, only about one hundred may have made it to this day.
The coin had to be sent to the US to be graded because the private seller wasn’t there. In this way, American experts would be able to give more correct grades.
How was this coin sold?
Wotton sale Rooms in Wotton-under-Edge, Glos., held a sale and sold it. Imagine taking out a toffee tin full of cash and discovering that it’s worth a huge amount of money.
There were some jewelry, fossils, and carved stones in the toffee jar, but this dollar was the most important thing that was found. The Numismatic Guaranty Company was in charge of the service that graded coins.
People who are interested in coins and money should be wary of fake dollars. A lot of the time, con artists try to get rich by selling fake specimens. That this Continental Dollar was found in a certain way is interesting, but there are also no known papers that show that it was issued.
This year’s most expensive dollars misspell the word “CURRENCY” as “CURENCY.”
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