Having fun is what it is all about!
This 1792 Silver Center Cent, shown on April 18, 2012 in Schaumburg, Ill., was sold at auction for $1.15 million.
By Patrick Rizzo
It may cost 2 cents to make a penny, but you can buy one for more than $1 million.
One of the nation's first pennies, which is mostly copper but has a silver plug in the center, fetched $1.15 million at auction on Thursday, according to Heritage Auctions, which handled the transaction.
The penny, which depicts Liberty with flowing hair on one side and a wreath tied wtih a ribbon on the other, was one of the first coins struck at The Philadelphia Mint by a fledgling United States in 1792.
The Associated Press, quoting officials from Heritage, said Kevin Lipton of Beverly Hills, Calif., bought the penny at the behest of a group of unnamed investors for $1 million, plus the auction house's 15 percent commission.
The AP said the coin never made it into circulation and only 14 examples of it are known to exist, according to Heritage Executive Vice President Todd Imhof.
Don't spend it all in one place, Mr. Lipton.
M6 / DX-1 / 6x10 DD & M6/DX-1/ stock coil
Pontiac IL.
Wonder if any of the New England states members ever dug one of thosethinkingabout:
Robbie
author of "Find More Silver Coinshooting Parks and Schools" by Robbie Morin
contributor to- Camp Logan: Houston, Texas 1917-1919-by Louis Aulbach, Linda Gorski and Robbie Morin
_____________________________________
Fisher F5 & F70 & Garrett Pro Pointer
2005-2015 clad total--$2,631.68
rofl <}Originally Posted by Dimeman link=topic=9747.msg109263#msg109263 date=1335022807
Wonder if any of the New England states members ever dug one of those
Only 14 exist. I would think not, but hey, you never know.....
Having fun is what it is all about!
Awesome coin, but Lady Liberty was kinda scary looking back in those days!
Lifetime totals:
10 Large Cents, 415 Indian Heads, 2 Two Cent Pieces, 1 Capped Bust Half Dime, 1 Seated Half Dime, 10 Shield Nickels, 68 V Nickels, 124 Buffalo Nickels, 31 War Nickels, 16 Seated Dimes, 131 Barber Dimes, 405 Mercury Dimes, 249 Rosies, 4 Seated Quarters, 18 Barber Quarters, 20 Standing Liberty Quarters, 89 Silver Washingtons, 1 Seated Half, 3 Barber Halves, 16 Walking Liberty Halves
YouTube Channel: Tony Two-Cent https://www.youtube.com/channel/UCmz...RlHTBIU42bUORg
Oh man... that would be a nice one to dig up.
one can dream !!!! hows pulltabsteve ?? !!
If at first you don't succeed, get the Government to Bail you out !
Can't be better! How have you been? happydance02one can dream !!!! hows pulltabsteve ?? !!
Having fun is what it is all about!
Posting Permissions
Reply With Quote