February 18th, 2008
One man’s collection of rare American cents has turned into a $10.7 million auction windfall. The collection of 301 cents featured some of the rarest and earliest examples of the American penny.
It included a cent that was minted for two weeks in 1793 but was abandoned because Congress thought Lady Liberty looked frightened. That coin and a 1794 cent with tiny stars added to prevent counterfeiting each raised $632,500.
The coins came from the collection of Burbank resident Walter J. Husak, the owner of an aerospace-part manufacturing company. Source : CNN
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