Local News KNRS

 

Historic Mormon Coin Could Draw a $500,000 Auction Bid

A UTAH AUCTIONEER BELIEVES, A GOLD COIN -- MINTED BY MORMON PIONEERS, IN THE SALT LAKE VALLEY -- COULD FETCH MORE THAN A HALF-MILLION DOLLARS, BEFORE BIDDING ENDS THURSDAY NIGHT.

TYSON EMERY IS A COIN EXPERT, AT "ALL ABOUT COINS," IN SUGAR HOUSE.

HE SAYS HE ALREADY HAS A 375-THOUSAND-DOLLAR BID FOR THE COIN, MADE BY EARLY L-D-S SETTLERS.

THE TERRITORIAL COIN WAS MINTED IN THE 1800'S, WHEN CURRENCY AND COINS WERE SCARCE.

MORMON COINS WERE MADE FROM GOLD RUSH ORE, OUT OF CALIFORNIA.

 

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