Cent collection earns a pretty penny at auction

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	Cent collection earns a pretty penny at auction

rmowery

2-17-2008 10:44 AM

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tags:

wealth, collection, money, penny

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/8aa97f64-31d0-4fbe-9303-6b3a9142fa6b/3E1A6F1B-5D9E-4B48-A70B-6D8985115569/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.cnn.com/2008/US/02/16/penny.auction.ap/index.html" href="http://www.cnn.com/2008/US/02/16/penny.auction.ap/index.html" style="font-size: 11px;">www.cnn.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/US/02/16/penny.auction.ap/index.html"><H1>  Cent collection earns a pretty penny at auction</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/US/02/16/penny.auction.ap/index.html"><P> <B>LONG BEACH, California (AP)</B> -- A penny saved is not necessarily just a penny earned. One man's collection of rare American cents has turned into a $10.7 million auction windfall. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/US/02/16/penny.auction.ap/index.html"><P> The collection of 301 cents featured some of the rarest and earliest examples of the American penny.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/US/02/16/penny.auction.ap/index.html"><P> It included a cent that was minted for two weeks in 1793 but was abandoned because Congress thought Lady Liberty looked frightened.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/US/02/16/penny.auction.ap/index.html"><P> That coin and a 1794 cent with tiny stars added to prevent counterfeiting each raised $632,500, according to the Dallas-based auction house Heritage Auction Galleries, which held the sale in Long Beach on Friday night.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3E1A6F1B-5D9E-4B48-A70B-6D8985115569/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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