Rare coin found by NYer sold for $430k
Posted: Sat Nov 24, 2012 2:52 amFound this tidbit and wanted to share. Happy hunting,where ever that may be!
http://www.stargazette.com/viewart/2012 ... -sold-430k
MELVILLE — A rare silver Colonial Massachusetts coin that was found by an East Hampton, N.Y. woman has been auctioned off for $430,000.
Newsday says the coin was found 23 years ago in a potato field. It was determined the coin was a sixpence from 1652.
It made four times as much as auction officials expected. It was sold last week at the Colonial Coin Collectors Club in Baltimore.
The coin is one of eight known to exist.
It was first auctioned in 1992 by Lillian King, who unearthed it with a metal detector.
The person who bought the coin back then for $35,000 resold it last week for the large sum.
King told the newspaper that she wishes she’d waited to sell the coin.
http://www.stargazette.com/viewart/2012 ... -sold-430k
MELVILLE — A rare silver Colonial Massachusetts coin that was found by an East Hampton, N.Y. woman has been auctioned off for $430,000.
Newsday says the coin was found 23 years ago in a potato field. It was determined the coin was a sixpence from 1652.
It made four times as much as auction officials expected. It was sold last week at the Colonial Coin Collectors Club in Baltimore.
The coin is one of eight known to exist.
It was first auctioned in 1992 by Lillian King, who unearthed it with a metal detector.
The person who bought the coin back then for $35,000 resold it last week for the large sum.
King told the newspaper that she wishes she’d waited to sell the coin.
Later in 1652 was the famous Willow Tree coinage, followed by the Oak Tree coinage of 1660, and the Pine Tree coinage of 1667.