Rare gold coin may fetch up to $4 million at Georgia auction
Published May 16, 2012
“An auction gallery in Georgia is selling what’s believed to be one of the rarest coins ever made in the United States — a $3 gold coin estimated to be worth up to $4 million.”
Read More Here: Rare gold coin may fetch up to $4 million at Georgia auction
DALLAS, TX.- One of the most historic coins struck by the early U.S. Mint, a 1792 Judd-1 Silver Center cent pattern, MS61 Brown PCGS, headlines the Heritage Auctions April 2012 Central States Signature® U.S. Coin Auction, April 18-20, with Platinum Night™ offerings on April 19. “Our long-running relationship with the Central States Numismatic Society and conducting its annual convention’s official auction is alive and well,” said Greg Rohan, President of Heritage, “as is our tradition of bringing important rarities to those auctions. The 1792 Silver Center cent is tremendously important to the history of U.S. coinage – arguably far more so than a number of better-known and more celebrated rarities.”
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1792 Silver Center cent, from the first group of coins ever struck at the U.S. Mint, may bring $1,000,000
“”One of the earliest lessons any child learns is how to identify shapes. Coins are round. Paper money is rectangular. Everyone knows that.
Perhaps this immutable truth is what keeps more early American coin aficionados from pursuing the currency of the early American frontier, which consisted of practically no coins at all.
In the 17th or 18th century, if you wanted to acquire furs from native tribes in places like the Great Lakes, the wilds of Pennsylvania, or New England, a bagful of shillings, ecus or coppers would have served little use.””
Read more here: De facto currency Wampum victim of inflation