A collection of 301 rare American cents, which featured some of the earliest and rarest examples of US penny, has turned into a US$10.7 million auction windfall. The collection included a cent that was minted for two weeks in 1793 but was abandoned because the US Congress thought Lady Liberty looked frightened, and a 1794 cent with tiny stars added for counterfeiting prevention.
It was the biggest auction ever for a penny collection, according to the Dallas-based auction house Heritage Auction Galleries, which held the sale in Long Beach on the Friday night of February 15. There were about 168 successful bidders for the coins, which came from the collection of Walter J. Husak, the owner of an aerospace-part manufacturing company.
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