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Wednesday 18 July 2018

Record-breaking US coin auction nets £85m

A rare 1804 silver dollar sold for millions of dollars (Stack's Bowers Galleries via AP)
A rare 1804 silver dollar sold for millions of dollars (Stack's Bowers Galleries via AP)

A rare 1804 silver dollar has fetched almost 3.3 million US dollars (£2.6 million) in what officials said was a record-breaking coin collection auction.

A five-part sale of the D Brent Pogue coin collection that ended on Friday netted a total of almost 106.7 million dollars (£85 million).

The five auction events were held over the past two years by Stack's Bowers Galleries of Santa Ana, California, in conjunction with Sotheby's in Baltimore.

Friday's final auction yielded about 21.4 million dollars (£17 million), including the 1804 dollar, an 1811 half cent that brought in 998,750 dollars (£796,197), and a 1793 Liberty Cap cent that sold for 940,000 dollars (£749,362), making it the most valuable circulated cent ever sold.

AP

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