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http://www.2theadvocate.com/news/2299436.htmlRare coin minted in La. bought by native
La. businessman pays $1.5 million for $10 gold piece
By EMILY KERN
Advocate staff writer
Published: Feb 12, 2006
A Louisiana businessman has purchased for $1.5 million an extremely rare coin minted in New Orleans in 1844.
The coin is a Proof 65 1844-O $10 gold piece — probably made as a gift for someone of importance — and is listed in the "100 Greatest U.S. Coins" at No. 39.
The O after the year stands for Orleans mint. A proof coin is a specially made coin with a mirror finish, while 65 is the coin's grade.
Chuck Bloomfield, of Northshore Coins & Currency, bought the coin eight months ago from an undisclosed seller, with his partner Rod Sweet, a Florida real estate developer. The coin will be a part of the Rod Sweet Collection.
"It's the rarest coin ever minted in the state of Louisiana...