Recent Coin Auction Price

What is a dime worth to you?  In most cases a dime as we know is worth ten cents.  It is one tenth of an American dollar or ten American pennies.  In rare cases, a dime may be worth a little more if it is unique or in some cases a dime can be worth a lot more depending on condition and rarity.  Such was the case this past week when a single dime sold at auction for more than $1.84 million.

This rare dime was made in Carson City, Nevada in 1873 and was a “No Arrows” Liberty Seated coin.  Made as part of the Battle Born Collection, this dime was made before the mint closed down in Carson City.  It was auctioned sold by Stack’s Bowers Galleries during the American Numismatic Association Convention.  Let’s see . . . $1.84 million equals how many regular dimes?  I believe that’s about 18,004,000,000 regular dimes.

Government and Police Auctions

As you are going through security at the airport, the alarm goes off and you get nervous.  You know you don’t have any contraband or illegal items, but with the levels of security that are employed nowadays, the small pocket knife that Uncle Tony gave you is still in your pocket. What to do?  You can either leave the line, try to get back to your car, and put it away, or the TSA will confiscate it.  Although sentimental to you, you decide that there is not enough time to go back to your auto.  What happens to Uncle Tony’s knife?

Federal, state and local laws and statute require that government agencies, sell seized, found, unclaimed and recovered property at public auctions. Most of the proceeds find their way back into our communities.  With this in mind, there are a lot of unscrupulous people on the Internet or through SPAM mail that will offer to sell you information about government auctions for a price.  However, most of this information is available on the Internet for free and can be found simply by using a search engine such as Google, Bing or Yahoo. 

The Federal Government announces many auctions on through the GSA (General Services Administration) website.  On this site you can find auctions for various items including furniture, photographic equipment, jewelry and exotic collectibles.  Other government auctions can be found on the U.S. Marshalls Service website, which includes auctions for vehicles, clothing and handbags.  One commercial website, propertyroom.com has contracts with many police departments around the country and features online auctions for fine art, electronics and coins.