A rare St. Louis coin collection that sold for more than $23 million at a two-day New York City auction can be traced to when the collection's 102-year-old owner received an 1859 one-cent piece more than nine decades ago from his grandfather.
Retired St. Louis lawyer Eric P. Newman only paid about $7,500 for the 1,800 piece collection of early American coins that sold for much more at the auction. Most of the coins had been off the market for 50 years. Auctioneer Jim Halperin said the items represent just one-third of Newman's total collection. (AP)