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1792 ‘Silver Nickel’ Sells for $1.4 Million

File photo. Heritage Auctions(ORLANDO, Fla.) -- A 1792 "silver nickel" sold for $1.41 million at an auction in Orlando on Thursday.

The coin is known as The Floyd Starr Example and is thought to have been made from Martha Washington's silverware at George Washington's request.

Heritage Auctions said the coins were the very first American coins struck in December 1792 after the Mint Act was passed.

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