The $1.9 Million Dime

July 28, 2007

Don't ask this traveler if he can spare a dime.

Coin dealer John Feigenbaum just flew across the country transporting a rare ten-cent piece that's valued at $1.9 million. Feigenbaum says he didn't sleep a wink during the red-eye flight from California to New York and kept checking to make sure the coin was safely in his briefcase.

He calls the 1894-S dime "the Holy Grail of coins," it's believed only nine of them still exist, of the two-dozen that were minted in San Francisco.

Feigenbaum, who's from Virginia Beach, Virginia picked up the rare coin from the seller's vault in California. With a security guard along, he
drove to the airport with the coin in his pocket. He says he decided to switch it to his briefcase during the flight out of fear it might fall out.

He and the seller's agent will split a six-percent commission on the deal.

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