1652 silver coin sells for $430,000

Saturday, November 24, 2012

— A silver Colonial Massachusetts coin from 1652 that was found in a potato field has been auctioned for $430,000.

Newsday reported that an East Hampton, N.Y., woman found the coin 23 years ago with a metal detector.

The coin, one of eight known to exist, was sold last week at the Colonial Coin Collectors Club in Baltimore.

It garnered four times as much as auction officials expected.

The rare coin was first auctioned in 1992 by Lillian King and sold to an auction house for $35,200.

The man who ended up buying the coin from the auction house resold it last week for the large sum.

King told Newsday that she wishes she had waited to sell the coin.

Front Section, Pages 2 on 11/24/2012