Believed by many rare coin researchers to be the first silver dollar struck by the United States Mint, this 1794-dated dollar has been purchased for a record $12 million by GreatCollections Coin Auctions of Irvine, California from Las Vegas, Nevada c LAS VEGAS - A Las Vegas man received $12 million for a silver dollar that many rare coin experts believe is the first silver dollar ever produced by the United States Mint.GreatCollections Coin Auctions of Irvine, California, purchased the coin, according to a news release.
According to the company, the coin’s owner, Bruce Morelan, a 60-year-old Las Vegas business executive, paid more than $10 million for the rare coin in 2013.
A previous owner was Amon G. Carter Sr., a former publisher of the Fort Worth Star-Telegram newspaper, the company said. RELATED: Rare coin made in Boston in 1652 up for auction"Because of its sharpness of detail, researchers believe this coin was specially struck, perhaps as a presentation of the country's first dollar coin," president of GreatCollections Ian Russell said. "Because of its significance, it was likely seen by President George Washington, Treasury Secretary Alexander Hamilton, and then-Secretary of State Thomas Jefferson who oversaw the young United States Mint.
Without question, this is America's most coveted silver dollar, a numismatic national treasure. It gave me chills closing the transaction for this piece of history."Home surveillance video captured a Virginia man dumping 80,000 pennies on his ex-wife's front yard in May 2021.It’s believed a total of 1,758 silver dollars in were made in Philadelphia that were delivered to government officials in 1794.