VIRGINIA BEACH — A Virginia man has acquired a rare dime for a collector at a cost of $1.3 million.

John Brush of Virginia Beach acquired the 125-year-old U.S. silver dime in a public auction at the American Numismatic Association on Thursday night in Chicago.

Brush, who is president of David Lawrence Rare Coins of Virginia Beach, bought the dime on behalf of collector Dell Loy Hansen of Salt Lake City.

Only 24 dimes were struck at the San Francisco Mint in 1894. Researchers today can account for only nine of them.

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