COVETED COIN: Rare coin ‘breaks world record’ selling for $2.52 million at auction – historic detail that ups its price tag

According to The Sun , An exceptionally rare coin recently sold for millions at auction, setting a record and leaving collectors around the world astonished. While many federal coins such as pennies, dimes, nickels, and quarters can be worth hundreds of thousands of dollars, their value typically depends on factors like the year of minting, unique striking characteristics, and the presence of rare errors.

Older coins, particularly those struck by the U.S. Mint, tend to be more valuable because they are harder to find, having been out of circulation for a significant period. However, the most elusive and valuable coins are those from the pre-Federal era, which refers to coins minted before the U.S. Mint was established in 1792, during the American colonies’ separation from Great Britain.

Among the rarest of these pre-Federal coins is the 1652 NE Threepence. Until recently, only one of these coins had been discovered and sold at auction—more than 150 years ago. However, on November 18, 2024, a second 1652 NE Threepence was auctioned for a staggering $2,520,000, according to Stack’s Bowers Galleries. Experts have called this the “most significant numismatic discovery in generations.”

The value of this particular coin was boosted by its distinctive features: the “NE” (for New England) stamped on the obverse (heads) side, and the Roman numeral III on the reverse (tails) side. These markings confirm the coin’s origins at the Hull and Sanderson’s Mint in Boston, Massachusetts, and its 1652 production date, as it lacks a formal date stamp. The coin’s history ties back to a unique Mint Act of 1652, which allowed Boston residents to convert unwanted silver or unspendable coins into usable currency, with a portion of the transaction going to pay for minting services.

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While pre-Federal coins like the 1652 NE Threepence are among the rarest, coins minted by the U.S. Mint after its establishment in 1792 have also been sold for incredible amounts. For instance, an 1806 Draped Bust quarter is valued at around $58,750, depending on its condition. A 1879 nickel, featuring a rare minting error where the number “8” was mistakenly stamped over a “9,” could fetch approximately $84,000.

For those searching for valuable coins today, there are still finds to be made among the coins in circulation from the 1900s. For example, five specific pennies from the 1940s could be worth up to $840,000. A dime from 1968 with a particular detail could be worth as much as $18,000, and a 1961 quarter with the right “tones” could bring in $7,367.

These remarkable sales highlight the enduring fascination and value of rare coins, with collectors continually on the lookout for these time-tested treasures.

Alton Walker

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