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.