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Rare Minting Error Coin Worth $632,000: Enough for Your Miami Vacation

Annie Abella by Annie Abella
August 30, 2024
in Finance
0
Rare Minting Error Coin Worth $632,000 Enough for Your Miami Vacation

Rare Minting Error Coin Worth $632,000 Enough for Your Miami Vacation

A rare 1804 dime, celebrated for its distinctive minting error, has recently sold for an impressive $632,000 at auction according to tododisca. This high-value coin is a prime example of how historical imperfections can dramatically increase a coin’s worth.

Iconic Design and Rarity

The 1804 dime features the “draped bust” design, showcasing Lady Liberty with a subtle neckline and an eagle on the reverse. Minted in a limited quantity of only 6,738 dimes, this coin is a coveted collector’s item. Its pale gold and brown tone adds to its uniqueness, enhancing its appeal among numismatists.

Notable Imperfections

Despite its age, the coin is in relatively good condition with only a few noticeable imperfections. A small crack near Lady Liberty’s head and some scratch marks in her hair are present. Additionally, the reverse shows partial wear on the “United States of America” lettering.

Auction Highlights

According to Heritage Auctions, this 1804 dime is considered the best in any variety the auction house has encountered. Light wear on Liberty’s shoulder and a few strands of her hair contribute to its high valuation. Although cleaned at some point, which may have contributed to the wear, the coin’s overall surface quality remains exceptional.

This sale underscores the value of historical coins with unique characteristics, making them highly sought after in the auction market.

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