Saturday, July 28, 2007

A Dime costs $1.9M

A dime(10 Cents) 1894 S was bought for $1.9 million...here's the story

John Feigenbaum didn't sleep at all during his redeye flight across the country. He's not a nervous flier -- he was carrying a dime worth $1.9 million.

Feigenbaum, 38, of Virginia Beach, Virginia, is a rare coin dealer, and the dime he was carrying from San Jose to New York is a 1894-S dime, one of only nine known to exist.

He picked up the dime on Monday from the seller's vault in Oakland. He delivered it to the buyer's vault the following day, in midtown Manhattan.

Feigenbaum said he and the seller's agent will split a 6 percent commission on the deal.

Feigenbaum said he put the dime, which is encased in a 3-inch-square block of plastic, in his jeans pocket. Accompanied by a security guard, he drove to the airport.

Shortly after boarding the plane, Feigenbaum transferred the dime from his pants pocket to his briefcase.

"I was worried that the dime might fall out of my pocket while I was sitting down," he said.

All across the country, Feigenbaum kept reaching into his briefcase to feel for the dime, one of only 24 minted in 1894 in San Francisco, as far as collectors know.

People..treasure your dimes...who knows after 103 years the dime that u treasured could fetch your great great grandchildren few millions...!

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