Amazing Braided Hair Large Cent Struck on Half Cent FoundAn amazing Braided Hair large cent struck on a
Half Cent planchet will be making its first public auction appearance at Heritage's 2008 Baltimore
ANA SignatureŽ Auction. The coin has been consigned by a very private Northwest family whose members were unaware of its rarity or significance. The newly discovered rarity will be sold July 30-August 2, 2008, and the lot listing will be available online at HA.com during early July.
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"In more than three decades as a numismatist," commented Heritage's Senior Numismatist Mark Borckardt, "and after having examined tens of thousands of large cents, I have Never seen a similar error. As soon as I spotted this amazing error coin, I gathered all of the senior numismatists, and none of them could recall a similar piece. When they heard that the coin had sat on the front porch of a house for fifty years in a Mason jar - along with a bunch of other old coins in cans and jars - they were equally astounded! It quickens all of our hearts to imagine that there are still major rarities out there waiting to be discovered!"
Bob Merrill, the former Director of Heritage's numismatic auctions, discovered the coin while visiting the consignors. "When I pulled the coin out of the Mason jar, I knew that it was fairly unusual, but my attention was rather distracted by the 1794 dollar that came tumbling out behind it. Amazingly, our staff experts in Dallas were able to find a pedigree for the 1794 dollar from 1914!"
The Braided Hair large cent error is sized midway between a large cent and a
Half Cent; without an immediate restraining collar, the
Half Cent flan expanded well beyond its normal diameter during striking. Heritage's experts in Dallas required extra time to examine the error, so it was not included with the rest of the Northwest Collection in the May 2008 Signature Auction.
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