Someone will pay a pretty penny for these 2 rare coins

LOS ANGELES – If you see these pennies, pick them up. You’ll have a whole lot more than good luck.

Two rare American one-cent coins dating back to 1792 are anticipated to sell for nearly a million dollars at a public auction in Southern California on Wednesday.The copper coins, known as the “Silver Center Cent” and the “Birch Cent,” are expected to sell for about a half-million dollars each and were made during the early days of the U.S. Mint.At about the halfway point on Wednesday afternoon, bids had reached $220,000 for the first coin and $425,000 for the second.”They’re classic American rarities,” said Eric Bradley, spokesman for Heritage Auction, the auction house holding the five-day sale in Anaheim, California.And they have historical significance that goes beyond their collectible value, representing “the transition in American history from the colonies to a new republic,” Bradley said.”These are coins that were developed and thought up by the Founding Fathers who were trying to differentiate themselves from British coinage and British rule,” he said.The words “Liberty Parent of Science & Industry,” which are engraved on both coins, also show how the United States was trying to distance itself from the religious persecution and monarchy it associated with Britain, Bradley said.The origin of the Silver Center Cent was also referenced in a letter from Thomas Jefferson to George Washington, and it is among the very first coins ever struck by the U.S. Mint in Philadelphia, Bradley added.According to the auction house, the coin went missing before eventually being discovered in an English pub in the 1960s. The man who discovered it, Nigel Willmott, kept hold of it until 1997, when he eventually auctioned it off for 28,750 British pounds, Bradley said.The penny’s name derives from the fact that it was produced with a small insertion of silver at its centre, a feature which made its intrinsic value equal to its face value. It is one of about a dozen surviving coins known to exist with this insertion, Bradley said.Wednesday’s sale is part of a five-day public auction of ancient world coins, U.S. coins and paper currency expected to bring $30 million, Bradley said. It is also part of The World’s Fair of Money, a numismatic convention in Anaheim that runs from Aug. 9-13. The event is expected to draw the interest of collectors globally.

News from © The Associated Press, 2016 ap_logo

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Publisher and CEO of something or other! First & foremost, father, son, brother and uncle. I am also a huge music fan, promoter and marketing & promotions maniac. As a fulltime musician for the past 35 years myself (yikes, that’s a long time!), I’ve come to appreciate the fact that I am able to perform and sing for people and in return, enjoy it as much as I do. There is something to be said for that exchange of energy and good vibes that live music brings to all, from the stage to the seats, there is nothing like it and I so look forward to feeling that again when we are out of this crazy mess we are in. Music is needed desperately in everyone’s lives. The goal is to reach out and bring some awareness and light into the music scene by featuring their new music, events and in general, some light into the changes we’ve all had to adjust to in 2020. We all feel the strain in every aspect of these changes and are going to try to do our best to fill our cups up with some fantastic local music while many so of us hang on through this bumpy ride we are on. 😉 Making an effort to change our own thoughts and habits, can strike a chord mentally and change us along with our communities lives. Be safe and…let’s ROCK N ROLL!

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