A private collector bought a rare $10 gold coin, minted as a diplomatic gift for United States President Andrew Jackson when he was on his trade missions to Asia. The collector was brave enough to pay $5 million for the rare coin.
Although being dated 1804, the Eagle coin was, in fact, struck later in 1834 at the Philadelphia Mint. It represents one of four specials coins that were able to survive till nowadays.
Both buyer and seller are unknown; they have chosen to remain anonymous. However, David Albanese, who is the president of Albanese Rare Coins and who was the one to hold the sale, mentioned that both collectors are from northeaster part of the United States. He added that the seller and buyer started collecting coins since they were young boys.