Three sisters have inherited a rare coin from their deceased brother and cannot believe its value
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In the US, three sisters who inherited a coin from their late brother may make a fortune by learning its true value 40 years after it ended up in a bank vault storage.
The Independent writes about it.
The sisters from Ohio are the owners of one dime (10 US cents), minted by the US Mint in San Francisco in 1975. That year, the mint produced nearly three million special uncirculated “trial” sets of six coins, which sold for $7 each.
However, only a few years later, collectors discovered that two coins from this set were missing the mint mark. The whereabouts of these popular coins have remained a mystery for decades, according to Ian Russell, president of GreatCollections, adding that the sisters' coin could fetch $500,000 at auction.
Their ten cents, featuring former US President Franklin D. Roosevelt, are so valuable because of the absence of the San Francisco Mint's “S”. A second false coin sold at auction for $456,000 five years ago before ending up with a private collector.
“They were hidden for decades,” Russell said in an interview. I “Most of the big collectors and dealers have never seen it.”
He also said that the sisters, who spoke on the condition of anonymity, told him that their brother and mother had purchased the 1978 coin for $18,200, which today is about $90,000. The family owned a dairy farm and saw the coins as a financial hedge in case they ever ran into financial trouble.
One of the sisters told Russell that their brother often talked about the existence of the coin, but she never saw her again until 2023 when he died suddenly. Russell, meanwhile, had already known about the coin from his brother a few years before, and had been privy to the secret ever since.
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