MUSCAT: A rare 1804 silver dollar coin originally gifted to Said bin Sultan Al Said, the Sultan of Oman, fetched an astonishing $7.68 million at a Stack’s Bowers Galleries auction held recently to become the most expensive coin of its kind.
The Class I silver dollar, which has been graded Proof-68 by Professional Coin Grading Service, was offered from the collection of the late coin connoisseur D. Brent Pogue. It was minted at the request of President Andrew Jackson to serve as a diplomatic gift for fellow world leaders.
According to the auction house, the coin was presented to Said bin Sultan Al-Said in 1835.
Read More
- Oman’s Musandam seeks tourism relief, studies new port in Khasab
- Crude oil spill reported after tanker overturns in Oman’s Al Dhahirah
- Invest Oman secures RO 3.09 billion in projects as investment drive gathers pace
- Institutions with high energy use must appoint efficiency officers, Oman ministry says
- Oman eyes deeper China investment ties as bilateral trade reaches RO 9.6 billion
“The coin, which eclipsed its original estimate of $7 million, now ranks as the second priciest silver dollar in existence,” the action house said.
