Paid $400 valued at $300,000

[savant365]

This is from Dec '08 but I thought it was pretty neat and I don't remember seeing it posted.

The owner of the coin is an anonymous collector and long-time ANACS submitter from California. He purchased the coin at a local police auction for $400, the amount he insured it for when he sent it to ANACS. It is estimated today to be worth at least $300,000.

http://www.anacs.com/contentPages/ShowArticle.aspx?ID=50

 

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[mojjax]

Wow !

 

[silvercop]

wow

 

[Kentucky Kache]

Only in my dreams.

 

[Cappy Z.]

Happens to me every day....

8)

 

[CMDiamonddawg]

300,000 reasons to say that face on this coin is beautiful

 

[jeff of pa]

I'm Still waiting to Dig a cache of them

 

[lobsterman]

wow, thats amazing to think of spending $400 dollars for just one penny, and then to find out that 1 cent piece is worth $300,000., kinda bizzare when you actually think about it. now where can i go to dig one up

 

[ClonedSIM]

That's amazing!

I've never even heard of this coin before. The article said 14 other patterns existed, does anyone know what the make-up of the other coins was?

 

[Bum Luck]

I never found a penny that would even buy a bottle of pop!