1,800 rare US coins sell for $23M in NYC auction - My9 New Jersey

1,800 rare US coins sell for $23M in NYC auction

Posted: Updated:

NEW YORK (AP) - Nearly 2,000 rare American coins amassed over 90 years by a 102-year-old Missouri collector have sold for $23 million at a two-day New York City auction.

Heritage Auctions Co-Chairman Jim Halperin says Sunday retired St. Louis lawyer Eric P. Newman began collecting in the 1930s, only paying about $7,500 for the 1,800 piece collection.

Halperin says a 1795 U.S. silver dollar in almost pristine condition sold for $910,625 and another one from 1799 sold for $822,500 in the online and in-person auction.

He says a rare quarter-dollar from 1796, the first year the denomination was produced by the U.S. Mint, sold for $1,527,500. He says Newman paid only $100 for it.

Proceeds from the sale will go toward supporting the Eric P. Newman Numismatic Education Society in Missouri.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsLocal NewsMore>>

  • Spy device Tweets private conversations

    Spy device Tweets private conversations

    Wednesday, April 23 2014 12:41 PM EDT2014-04-23 16:41:49 GMT
    A tiny new spy device aims to automatically transcribe and Tweet overheard conversations. It's called Conversnitch.  Brian House and Kyle McDonald are behind the eavesdropping device.  They say it bridges the gap between (presumed) private physical space and public space online.
    A tiny new spy device aims to automatically transcribe and Tweet overheard conversations. It's called Conversnitch.  Brian House and Kyle McDonald are behind the eavesdropping device.  They say it bridges the gap between (presumed) private physical space and public space online.
  • Toddler falls from 3-story window, not hurt

    Toddler falls from 3-story window, not hurt

    Wednesday, April 23 2014 10:42 AM EDT2014-04-23 14:42:24 GMT
    New York City police say a 2-year-old boy fell out of a third-story window overnight but was not hurt.
    New York City police say a 2-year-old boy fell out of a third-story window overnight but was not hurt.
  • De Blasio's carriage horse ban stalls

    De Blasio's carriage horse ban stalls

    Wednesday, April 23 2014 10:20 AM EDT2014-04-23 14:20:13 GMT
    Mayor Bill de Blasio is pulling back the reins on his plans to quickly get rid of New York City's horse-drawn carriage industry, stung by a recent outpouring of support for the colorful coaches that have clip-clopped their way through Central Park for more than 150 years. A campaign pledge to take on the horses during his first week as mayor was eclipsed by other issues.
    Mayor Bill de Blasio is pulling back the reins on his plans to quickly get rid of New York City's horse-drawn carriage industry, stung by a recent outpouring of support for the colorful coaches that have clip-clopped their way through Central Park for more than 150 years. A campaign pledge to take on the horses during his first week as mayor was eclipsed by other issues.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices