1792 Silver Center Cent to headline Heritage Auctions ANA sale

Rick's Coins

Rick's Coins

2016-07-29 10:27:32

Heritage Auctions is set to offer a rare example of one of America's most historic coins – the 1792 Silver Center Cent.

Described as "one of the most famous and iconic issues of American coinage", the cent is believed to be the very first coin produced inside the U.S Mint.

The copper coin features a silver plug in its center, with silver content worth ¾ of a cent and the copper worth ¼ of a cent.

Today just 14 examples of the coin are known to have survived, with the present coin the most recent addition to that list – having been discovered in a pub in the 1960s.

Graded SP35 PCGS Secure CAC, the coin has remained off the market for almost two decades, in the collection of renowned American numismatist Martin Oghigian, and has previously appeared at auction just once in its history.

"The 1792 Silver Center Cent is undoubtedly one of the most significant coins in existence," said Greg Rohan, President of Heritage Auctions. "Few coins have such a fascinating history and as much importance in the foundation of American numismatics as this one."

The Heritage sale will also include a 1792 Birch Cent Judd-5, the finest of only two known examples, graded MS61 Brown NGC.

The sale will mark just the eighth time in recorded history one of the coins has been placed up for public sale, and having spent many years as part of the esteemed collection of Donald G. Partrick, the coin is expected to top the price of $564,000 it fetched at Heritage in 2015.

Further highlights will include an 1880 Flowing Hair Stella PR65 NGC, one of just 15 examples struck; an 1869 Type Two Double Eagle, one of the finest known graded MS64+ PCGS; a 1796 Half Dollar 15 Stars, O-101, T-1, R.5, Fine 12 PCGS; and a 1918/7-S Barber Quarter, FS-101, MS67 NGC, the single finest overdate ever offered at auction.

Heritage Auctions' ANA U.S. Coins Signature Auction takes place at the Anaheim Convention Center in California on August 10-14.

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