Coin
collecting experts say they have identified a 210-year-old silver
dollar that is likely the first one coined by the United States
Mint.
The American Numismatic Association, a coin collectors organization
based in Colorado Springs, said it planned to put the coin on
public display beginning in mid-April.
Experts said it's impossible to say for certain that the coin
was the very first U.S. silver dollar struck, but it certainly
was among the first.
"Until someone walks up to me with a coin in an earlier
state that looks better, I'd consider it the first," said
John Dannreuther, co-founder of Professional Coin Grading Service.
Unlike the other roughly 130 surviving U.S. dollars minted in
1794, the silver dollar is in mint condition,
according to evaluations performed by Professional Coin Grading
Service and Numismatic Guaranty Corp.
The coin, which has only a few Mint-made file
marks, features images of Lady Liberty ringed with stars
on the front and an eagle on the back.
Steven Contursi bought the coin last year from an unidentified
owner and said he spent "multimillions." It is insured
for million.
The dealer who sold Contursi the dollar didn't realize it could
be the first of its kind。
But it's not for sale, Contursi said: "I think it's a national
treasure."
The Mint struck 1,758 silver dollars on Oct. 15, 1794, at a time
when foreign currencies circulated freely in the United States
and the country wanted its own standard to use in world trade.
(Agencies)