Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades
CBSN
Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.
The extraordinarily rare coin, struck by the U.S. Mint in San Francisco in 1975, could bring more than $500,000, said Ian Russell, president of GreatCollections, which specializes in currency and is handling an online auction that will end in October.
What makes the dime depicting President Franklin D. Roosevelt so valuable is a missing "S" mint mark for San Francisco, one of just two without the mark known to exist. The other one sold at a 2019 auction for $456,000 and then again months later to a private collector.
Treasures long forgotten by history have been uncovered beneath the surface in underground digs or hidden away in attics or storage spaces. In the case of a rare document nearly 237 years old, it was in a nondescript squat metal filing cabinet that had been sitting discarded and gathering dust in an eastern North Carolina home for who knows how long.