An 1894 Barber Dime—one of the rarest U.S. coins—sells for $1.25 million at auction. The coin is part of a very small surviving group, with only nine examples of the 1894 Barber Dime known to exist.
Reports describe the historical context behind the coin’s scarcity. The dimes in question were produced in 1894, when 24 were originally struck, and most were later lost or destroyed, leaving just a handful. One outlet adds that the low surviving count is connected to economic conditions at the time, including a depression, as well as an unusual accounting discrepancy related to the coin’s production and records. Other coverage focuses primarily on the coin’s extreme rarity and the final sale price, without extending into the specific administrative details.