A COIN from 1841 has sold for $205,625.
The silver dime is an extremely rare coin and has an original value of just 10 cents.
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Minted in the early 1800s, this particular coin is from 1842 making it very special.
It is known as the 1841 “No Drapery” dime and boasts extraordinary eye appeal.
According to an online auction site called Heritage Auctions, it has “delicate cobalt-blue and pale reddish-gold toning over fully mirrored and flawless fields.”
“The design motifs are boldly and completely defined,” the website said.
There are only two known coins in the series making it extremely valuable.
It is made of 90% silver and 10% copper.
RARE GEM
This coin features Lady Liberty sitting down with “drapery” around her legs.
She is surrounded by stars on the left and right with the word “LIBERTY” inscribed near her legs and the date is featured at the bottom.
The reverse of the coin has the words UNITED STATES OF AMERICA inscribed around the rim and ONE DIME in the center of a wreath.
The wreath is tied up with a ribbon on the lower part of the back of the coin.
COINING IT
This coin is extremely valuable as it is “by far” the finer of only two known examples, according to the auctioneer.
The auction website says the ‘No Drapery’ dime is a series which began in 1840.
It can also be included in pattern collections as well as Seated Liberty dime collections, much like the 1859 transitional dime.
The seller says the coin represents a once-in-a-lifetime opportunity for the advanced collector of Seated Liberty dimes to acquire this fabulous rarity.
COINING IT
The U.S. Sun recently spoke with an expert who shared five tips for those looking to take on coin collecting.
The expert said there was huge potential for financial gain as long as you’re trained to notice some specific details.
How coins are graded
Coins are graded on a scale of one to 70, with one being the poorest grade, and 70 being the most pristine example.
Numbers 60 to 70 are generally the most sought-after by collectors and are known as Mint State coins.
Pieces that fetch thousands at auction are commonly found in MS67, MS68, and MS69 conditions.
An MS-70 is near-impossible to find among older coins.
To help you get started in the world of currency, The U.S. Sun spoke exclusively with Katie, the coin expert behind the Wheats to Shields (@wheatstoshields) TikTok page.
She shares videos on rare coins with over 54,000 followers and has also written a book on rare coins.
Katie has been collecting coins for the past five years, although her interest was sparked at a young age.
Rare coins can sell for thousands or even millions of dollars, but getting started can feel daunting due to jargon and the need to stay on top of errors and trends.
The U.S. Sun has also recently revealed the exact doubling detail to spot on the front of your nickel to make it worth $300,000.
