Delivering a dime to New York.

Posted by Miss Cellania in Money & Finance on July 27, 2007 at 4:11 pm


150_ba_wb_rare_dimeph.jpgJohn Feigenbaum traveled across country to deliver one coin to an investor.

“All the way across the country I didn’t sleep,” Feigenbaum said. “I didn’t eat and I didn’t sleep. You wouldn’t, either.”

That’s because the coin was a rare 1894-S dime. Only 24 were minted, and only nine are known to still exist. The investor in New York paid $1.9 million for the coin. Rare coin dealer Feigenbaum had to guard the coin on the trip, without looking suspicious to either Homeland Security or anyone who might want to pilfer the treasure. And he had to make sure not to spend it. Link -via Reddit




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COMMENT

3 comments to "Delivering a dime to New York."

  1. Christian
    July 28th, 2007 at 4:36 pm

    If I had $1.9 million, I certainly would put it into something other than a rare dime. Then again if I had this rare dime and could sell it for the 1.9, then…well.
    It can be quite unsettling to what extent obssessed collectors will go. It is also a pretty odd exchange of currency…and money can make the mind to do some pretty odd things.

  2. Slappy
    July 28th, 2007 at 8:01 pm

    If you had a billion dollars…you might but it for that price. :D

  3. fine
    July 29th, 2007 at 5:25 am

    phi! I found a Rubel from 1829.


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