Rare Silver Dollar Worth Millions

By: Associated Press
By: Associated Press

A Colorado Springs group says it's located the first silver dollar ever struck in the United States.

The dollar dates from 1794 and is in mint condition. That leads the American Numismatic Association to believe that it was the first one ever struck

The details that are still prominent on the coin mean it was likely protected immediately after it was struck.

Rare Coin Wholesalers president Steven Contursi says he bought the coin for several million dollars. The coin is insured for $10 million.

He says the dealer who sold it to him has already offered to buy it back for $2 million more than the original price.


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