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A rare gold coin has sold at auction in California for a record sum.

Globalinfo.az reports that a 50-dollar gold coin produced in the United States in 1852 was sold at a special auction for 367,875 dollars, including the buyer’s premium, or approximately 625,387.50 manats.

At the sale organized by the auction house GreatCollections, a total of 93 bids were placed on the coin. Experts said the coin stands out for its high state of preservation and has a grade of 887.

The coin is considered one of the symbols of the California Gold Rush era. In those years, this type of gold coin was widely used in circulation in the region because of a shortage of federal currency.

The auction house appealed to citizens who own such a coin and invited them to take part in the sale. According to the information, the coin will be offered at a lower price at the next auction, but its face value will not change.

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Tahir Turan
Globalinfo.az

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