Rare coin issued after the California Gold Rush sold at auction for $1.4 million ...Middle East

LOS ANGELES (AP) — Avid coin collectors jumped at the chance to get their hands on a rare $20 “double eagle” gold coin at a Southern California auction house Tuesday afternoon, but only one walked away victorious after paying a hefty price. The gold piece — minted in Carson City, Nevada, in 1870 — sold for $1.44 million including the buyer’s premium, a fee paid to the Stack’s Bowers Galleries. Only 3,789 of them were produced and an estimated 40 to 50 remain, according to John Kraljevich, who specializes in coin history at the auction house. The auction house did not give any information about who bought the coin. Prior to 1849, the highest denomination for a gold coin was $10, known as the

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Rare coin issued after the California Gold Rush sold at auction for $1.4 million ...Middle East

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