facebook
twitter
search
search

Nickel sells for $1.41 million at auction

Jan. 11, 2013 at 5:24 PM

DALLAS, Jan. 11 (UPI) -- One of the first U.S. coins ever minted, a 1792 nickel, sold for $1.41 million at an auction in Orlando, Fla., Heritage Auctions said.

The auction house, based in Dallas, said in a news release Friday the coin -- also called a silver nickel and thought to have been minted from silverware belonging to the first U.S. first lady, Martha Washington -- is one of 250 coins still around from the minting of the first U.S. coins following passage of the Mint Act.

"This is a storied and famous coin in American numismatics," said Greg Rohan, president of Heritage Auctions. "Not only is it widely reported that these coins were struck from Martha Washington's silver service -- at the behest of George Washington, no less -- some numismatists over the decades have theorized that Mrs. Washington also posed as Ms. Liberty for the engraver. Whether that is really the case, however, is lost to history."

The coin -- also called a Half Disme and often referred to as The Floyd Starr Example -- was part of a rare coin and currency auction that brought in more than $50 million Thursday, the news release said.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Japanese firm accepts mecha robot battle challenge from United States
Man kicked by camel while attempting selfie with nursing calf
Florida man captures lightning strike on Gainesville Wendy's
Early 90s prototype 'Nintendo PlayStation' purportedly discovered by Redditor
A new, thinner Oreo cookie is set to hit shelves