Kagin’s Buys First American Pattern Coin for $1.175 Million in Heritage Auction. VIDEO: 4:37
The only known variety of a 1783 Nova Constellatio silver coin sold for $1.175,000 in the recent Heritage Auctions Platinum Night session at the Central States Numismatic Convention in Schamuburg, Illinois.
David McCarthy of Kagin’s offered the winning bid that set another price for one of the United States rarest coins.
Previous owners of this coin include Crosby-Parmelee-Ellsworth-Garrett, Ford-and most recently Walter Perschke.
It is part of the first series of coinage proposed for the United States and considered one of the most historical coins ever created.
Copyright © CoinWeek LLC. April, 2013
April 24-27, 2013 Schaumburg, IL
The Central States Numismatic Society 74th Anniversary Convention
The Central States Numismatic Society, founded in 1939, is one of the larger numismatic organizations in the United States with membership fluctuating around 2,000. CSNS, as it is known informally, operates in a 13 state Midwestern region but membership is open to residents of all states and foreign countries.
Find more news and video about coin and paper money collecting at: http://www.coinweek.com