Sunday , June 20 2021

A rare cent with the effigy of Abraham Lincoln sold for more than $ 200,000 in an auction



A rare cent with the effigy of Abraham Lincoln who was coined in 1943 in copper by mistake was sold for more than 200,000 dollars in a numismatic auction held in Florida, announced the auction house today.

According Asset Auctions, only between ten and fifteen copies of coins were minted in copper instead of zinc coated steel, which was used during the Second World War, then the call "Red metal" was used to make ammunition for the army.

This bronze coin of 1943 is the currency "coined by the most famous mistake in American numismatics", the auction house said in a statement.

In fact, he added, the Mint coined what became one of the "most valuable coins in history" country during the year in which "All the cents should be made of zinc-coated steel to keep the war machine moving".

It is also about The first time one of these exclusive cents is auctioned.

The history of this penny goes back to 1947When Don Lutesthen one 16 year old teenager high school student in Pittsfield, Massachusetts He discovered the coin in the change he received in the school cafeteria.

The coin immediately caught the attention of Lutes and he decided to keep it, conscious after several consultations with experts of his rare value.

It was recently, after falling ill and then dying, that the lute family, an enthusiastic lover of numismatics, decided to sell it.

"What makes it so exciting is that it's the first time in history" that one of these pieces goes on auction, said Sarah Miller, director of Numismatic at the Heritage Auctions office.

The bid organized by Asset auction was held at the annual convention of United States Numismatics, the largest numismatic congress held annually in the United States and held this week in Orlando, central Florida.


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