Last U.S. cents sold at auction for a sum of $16.76 million were worth a pretty penny
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Last U.S. cents sold at auction for a sum of $16.76 million were worth a pretty penny
"I've been going to coin auctions for 40 years, and I can tell you, I've never seen anything like this, because there's never been anything like this,"
"They captured the public imagination like few rare coins we've ever handled."
"American culture has incorporated the penny into our lexicon, into our pop culture, into all of this stuff,"
The U.S. Mint sold 232 commemorative three-cent sets for a total of $16.76 million at a Stack's Bowers Galleries auction. Each set contained 2,025 pennies struck at the Philadelphia and Denver mints plus a 24-karat gold penny, and each cent bore a unique Omega symbol. The 232nd grouplet, containing the final three pennies ever struck, sold for $800,000 along with the three dies used to strike those Lincoln cents. Collectors paid high prices driven by historical significance and nostalgia for the penny, which dated to 1793 when a single cent could purchase a biscuit or piece of candy.
Read at Boston.com
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