1894-S Dime Sells for $1.25M at Stack's Bowers
A rare 1894-S dime, which catapulted a young Dave Bowers to numismatic fame, has been sold by Stack's Bowers Galleries for $1.25 million. The coin, struck at the San Francisco Mint in 1894, had a net mintage of only 21 pieces after three were assayed, and only nine specimens are confirmed to exist today. Its extreme rarity and storied history make it a coveted item among collectors. The sale highlights the enduring appeal of classic American rarities, which often spend decades in private collections before reappearing on the market. Dave Bowers, who later became co-chairman of the auction house, first gained national attention at age 19 due to his association with this dime. The auction underscores the high value placed on numismatic treasures with limited populations and rich provenance.
Key facts
- The 1894-S dime sold for $1.25 million.
- Only 24 examples were struck, with a net mintage of 21 after three were assayed.
- Only nine specimens are positively confirmed to still exist.
- Dave Bowers became a national celebrity at age 19 due to the dime.
- Stack's Bowers Galleries conducted the auction.
- The coin was struck at the San Francisco Mint in 1894.
- The San Francisco Mint produced 2,491,401 dimes in 1893.
- 1894-S dimes have traditionally been held in tightly held collections for decades.
Entities
Artists
- Dave Bowers
Institutions
- Stack's Bowers Galleries
- San Francisco Mint
Locations
- San Francisco
- United States