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Replies: 18 / Views: 3,433 |
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Pillar of the Community
5464 Posts |
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Moderator
 United States
56855 Posts |
I will be very surprised if it gets anywhere near that amount. John1 
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Bedrock of the Community
United States
94367 Posts |
Ditto. 
Edited by Coinfrog 01/08/2019 4:50 pm
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Moderator
 United States
188911 Posts |
It will be interesting to see how it lands. 
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Pillar of the Community
Canada
5246 Posts |
The article says that for years the US Mint denied that 1943 copper cents existed. It shows you that you can't always believe what the mint says.
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Pillar of the Community
United States
7840 Posts |
It really goes against my grain when the cent is referred to a "penny". Only 20 were made? Was someone counting them? I have heard the story before that he found it in 1947,  four years after it was minted, but probably was taken from someone's collection and spent. It should bring a hefty price, but not $1M.
Edited by oih82w8 01/08/2019 6:29 pm
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Pillar of the Community
United States
751 Posts |
Yes the penny was found in 1947. So he probably sold it for a dollar.
Dan
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Pillar of the Community
United States
751 Posts |
Er Ah,....One Cent Coin.  Dan
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Pillar of the Community
United States
840 Posts |
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Pillar of the Community
United States
9792 Posts |
Estimates from the non coin press are crazy! See this prediction of a click bait article at $1.7 million. https://www.geek.com/culture/rare-p...ion-1768904/Just because a similar coin dated 1943, that was also bronze instead of steel sold once for that doesn't mean they all sell for that, more likely now the high dollar buyer has one the price will only fall. 
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Pillar of the Community
United States
7840 Posts |
Most of the media is comparing this AU Philly bronze cent to the MS Denver Bronze Cent, in which there has been only one identified so far, as a Million Dollar coin.
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Moderator
 United States
188911 Posts |
Looks like it came up a little short. 
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Pillar of the Community
7234 Posts |
Quote: Looks like it came up a little short 
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Bedrock of the Community
United States
94367 Posts |
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Bedrock of the Community
13014 Posts |
Quote: It really goes against my grain when the cent is referred to a "penny" That ship has sailed. Even the US mint website refers to them as a penny
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Pillar of the Community
Canada
999 Posts |
I was watching this auction. Unfortunately my wife wouldn't let me take out a second mortgage  . It's an interesting story of how Don Lutes Jr found it in his school cafeteria change in 1947 and held on all these decades later. HA makes it sound like it was Don who decided to sell it, but I heard he passed away last year so it may have been his heir.
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Replies: 18 / Views: 3,433 |