3 Dollar Coin Bought For 1 Million

Heritage Auctions held a two day sale of American coins ending on August 12th with the Signature(r) U.S. Coin & Platinum Night Auction. At the auction, a record was set for the highest price paid for a coin during the whole sale. A very well preserved 1855-S $3 coin from the Golden Gate Collection achieved a price tag of $1,322,500! The whole sale saw over 7,000 lots sold with a grand total of just over $30 million.

The president of Heritage Auctions, Greg Rohan said, "Collectos are continuing to come to heritage to persue the top rarities that we gather for each auction and non-traditional buyers are looking to temper their portfolios against the tumult of world financial markets. The combination resulted in final figures that were nothing short of remarkable."

Posted by, Lauren Guzniczak.