Old dime sold for nearly $2 million

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NEW YORK – A coin collector paid nearly $2 million for an old dime.

But, not just any dime.

The 1894-S Barber is one of the rarest in the world.

That’s why it was auctioned for $1,997,500 in Tampa on Thursday.

“The 1894-S Barber dime is a classic rarity in American coinage, often grouped with the 1804 dollar and the 1913 Liberty nickel as The Big Three of United States numismatic rarities,” said Heritage Auctions in a press release.

The San Francisco mint made about 2.5 million of these dimes, but fewer than 10 are still known to exist, according to Heritage.

That’s because a financial crisis in 1893 killed demand for new coinage, and almost all the dimes were melted down.

Only 19 went into circulation.

$2 million dime

The buyer is choosing to remain anonymous, according to Heritage.

The auction house is running a series of auctions on U.S. coins from Jan. 6 to 11.

Many of the coins are priced in the hundreds of dollars, instead of the thousands or millions.

In 2013, a silver dollar from 1794 broke a record when it sold for $10,016,875, according to coin auctioneer Stack’s Bowers Galleries in Irvine, Calif.

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