- Associated Press - Friday, January 9, 2015

ORLANDO, Fla. (AP) - A penny that was one of the first coins to be issued by the U.S. Mint in 1793 has sold at auction in Orlando for $2.3 million.

Heritage Auctions says that a collector who wants to remain anonymous won the bid Wednesday night.

The auction was held in Orlando during a convention of coin enthusiasts.

The penny was called a “Chain Cent” originally because the tail’s side design prominently shows a chain with 13 rings, symbolizing the original 13 colonies.

Heritage Auctions president Greg Rohan says the design was later changed to a wreath after critics claimed the chains invoked slavery.

A second coin also sold for more than $2 million at the auction. A $20 denomination gold coin from 1907 sold for $2.1 million.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide