Rare US penny sells for $300G at auction in Florida

TAMPA, Fla. (AP) — When is a penny worth $300,000?

When it’s one of the first copper coins struck at the U.S. Mint in Philadelphia, in 1793.

The annual Florida United Numismatists (FUN) convention was held in Tampa this week. It’s considered one of the five largest coin and currency collectors’ shows in the nation, experts say, and three historic coins, including the pricey penny, went up for auction Thursday evening. In all, the auction drew $24.9 million in sales.

Mark Borckardt, a senior numismatist with Heritage Auctions in Dallas, said the George Washington-era penny is one of about 500 in existence.

 (This undated provided available by Heritage Auctions shows a 1838 half-dollar minted in New Orleans in 1838 that went up for auction at the annual Florida Numismatic Convention in Tampa, Fla., this week. The coin is one of the rarest and most enigmatic coins in U.S….

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