The E-Sylum:  Volume 7, Number 30, July 25, 2004, Article 11

AUTHOR PAYS RECORD PRICE FOR U.S. DIME

  E-Sylum subscriber Rusty Goe, author of "The Mint on
  Carson Street" recently paid a record-breaking price for
  the unique  1873-CC No Arrows dime.  A story about
  his purchase appeared in the July 16 issue of the Reno
  (Nevada) Gazette-Journal:

  "There?s not a dime?s worth of difference between some
  10-cent pieces.

  But the one-of-a-kind, 1873 dime acquired last week by
  Reno coin shop owner and coin collector Rusty Goe isn?t
  one of them.

  Goe paid $891,250 for the coin, made 131 years ago at
  the historic Carson City Mint. He said he got a good deal.

  ?I?m ecstatic, elated. It?s the ultimate experience,?? Goe said.

  After paying a record price for any dime made in the United
  States, he said his South Virginia Street shop became a
  celebration site for customers and friends.

  ?The atmosphere in our store was festive. It was like having
  the winning team in the World Series or the winning horse in
  the Kentucky Derby,?? Goe said.

  Goe, who recently completed a book on the history of the
  Carson City Mint, said the acquisition is particularly satisfying
  because it was made in the capital city."

  "No other coins without arrows from 1873 in Carson City
  have surfaced over the years, Goe said.

  Goe said two Philadelphia coin dealers were the first owners
  of record of the piece he acquired. He said they made their
  ownership known about 1910. In 1915, Goe said, the coin
  was sold at auction for $170."

  "Bidding at last Friday?s auction opened at $550,000, and
  Goe said he went to $775,000 before he was able to secure
  the coin. The sales price includes a 15 percent auction
  company fee ? bringing the total to $891,250."

  "Up to now, the most a U.S.-made dime has fetched is
  $825,000 for an 1894 coin minted in San Francisco."

  To read the full story, see: Full Story

  Wayne Homren, Editor

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