An antique coin from 1928 was recently sold at auction in Switzerland for an impressive amount of money.

The coin, which is larger than the current version, was taken out of circulation in 1931 and it is estimated that there are only 200-300 of these coins still in existence.

The winning bid was placed by a private individual from Switzerland, according to the owner of the auction house.

The high price of the coin can be attributed to its excellent condition, which highlights that not all coins of this denomination, even those passed down through families, are as valuable.

This sale demonstrates the increasing interest in rare collectibles and the potential for significant profits in the auction market.