Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades

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Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades
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The Associated Press

TOLEDO, Ohio — Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago. The extraordinarily rare coin, struck by the U.S. Mint in San Francisco in 1975, could bring more than $500,000, said Ian Russell, president of GreatCollections, which specializes in currency and is handling an online auction that will end in October. What makes the dime depicting President Franklin D.

The sisters from Ohio who inherited one of those two dimes after the recent death of a brother want to remain anonymous given their sudden windfall, Russell said. They shared with Russell that their brother and mother in 1978 bought the first error coin discovered for $18,200, which would amount to roughly $90,000 today. Their parents, who operated a dairy farm, saw the coin as a financial safety net. One of the sisters said her brother often talked about the rare coin.

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