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Sixpence from 1652 sells for $430,000
Posted By -NO AUTHOR- On 11/23/2012 @ 11:22 pm In Diversions | No Comments
(Newsday) A rare Colonial Massachusetts silver coin found by an East Hampton woman in an old potato field almost 23 years ago was auctioned for more than $430,000 last week in Baltimore.
The 1652 New England sixpence had been off the market in a private collection for 21 years and was expected to sell for $100,000, but was resold for four times that price, auction officials said.
“We knew it was a very rare coin and we knew it would reach six figures,” said Lawrence R. Stack, a senior numismatic consultant for Stack’s Bowers Galleries, a Manhattan rare coin dealer and auction house. “And it brought in $431,250, so I guess we did well.”
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