LONG BEACH The collection of 301 coins featured some of the rarest and
earliest examples of the American penny, including a cent that was
minted for two weeks in 1793 but was abandoned because Congress
thought Lady Liberty looked frightened.
Dallas-based auction house Heritage Auction Galleries, which
held the sale in Long Beach last night says that coin and a 1794
cent with tiny stars added to prevent counterfeiters each raised
$632,500.
Heritage Auction president Greg Rohan says the auction was the
biggest ever for a penny collection, with hundreds of bidders vying
for the coins.
Click here for more headlines from ABC7 Eyewitness News
Copyright © 2024 KABC Television, LLC. All rights reserved.