Utah businessman pays $1.32 million for a rare dime that was minted in 1894

Mail Online | 12/31/1969 | James Gordon For Dailymail.com
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A businessman from Utah has paid $1.32 million for a rare dime at a coin auction in Chicago last week.

The coin is an 1894-S Barber Dime and one of only 24 that were ever made.

Purchase - Coin

What makes the purchase of the 10-cent coin even more valuable is that only nine are currently known to exist.

The 1894-S is known as a Barber Dime because it was designed by engraver Charles E. Barber, who designed many coins for US Mints.

Coins - San - Francisco - Mint - June

The coins were struck at the San Francisco Mint on June 9, 1894 according to the the Professional Coin Grading Service which certified the coin's condition and authenticity.

Dell Loy Hansen, owner of the Real Salt Lake MLS team, made the purchase.

Dime - Sports - Team - Owner - Jerry

The dime used to belong to another wealthy sports team owner. Jerry Buss, the late owner of the NBA's Los Angeles Lakers, held the coin before it last went up for auction in 1988.

Hansen, meanwhile, is known to be an avid coin collector is attempting to bring together an example of every coin...
(Excerpt) Read more at: Mail Online
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