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The extremely rare 1894 nickel is expected to sell for more than $1M

to connectVideoExtremely rare 1894 nickel is expected to sell for more than $1 million

One of the nine 1894-S dime, it is on its way to the auction house, but it will cost you.

An ultra-rare 1894 penny, one of only 24 minted, and is expected to sell for more than $1 million when it is auctioned next week.

Only nine of the rare 1894-S dimes are known to exist, is, according to the auction firm Stack’s Bowers Galleries. Online bidding for the currency, it had already reached $850,000 on Wednesday.

In 2016, an 1894-S dime sold for $2 million at a Florida auction.

RARE PENNY SELLS FOR $2M AT A FLORIDA AUCTION

The penny that will be auctioned off on Aug. 15 at the American Numismatic Association’s World’s Fair of Money in Chicago.

Back to the 1894-S dime. (Stack’s Bowers Galleries)

Rare 1876 20-cent piece will be auctioned off at the event. “The 20-cent piece was intended to be replaced by the district at the time, but as we all know, that didn’t happen,” said a spokesperson for Stack’s Bowers Galleries, told Fox News. “It’s just never really caught on with the general public.”

For the first time, was issued in 1875 a 20-cent coins that have been described in detail by Stack’s Bowers Galleries as a “one-year wonder.”

SCHOOL CHILDREN UNCOVER 1600-YEAR-OLD GOLD COIN

The front cover of the 1894-S dime.
(Stack’s Bowers Galleries)

More than 10,000 of 20-cent pieces were minted by the Carson City Mint in 1876, but has been ordered by the government to be disposed of. The coin will be auctioned off in Chicago, it is one of only 20 out of every 10,000 were minted in Carson City is that it has escaped the melting-pot.

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The 1894-S dime is one of the 24 who were captured.
(Stack’s Bowers Galleries)

The currency, which is expected to sell for about $500,000, had already reached $280,000 in an online bidding Wednesday of the month.

The Associated Press contributed to this article. Follow James Rogers on Twitter @jamesjrogers

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