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Gold/Mining/Energy : Coins...gold and silver

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To: Shawn Donahue who wrote (35)7/24/2006 9:17:25 PM
From: Shawn Donahue  Read Replies (1) of 47
 
Fla. Couple Sells Penny for $660G
Friday, July 21, 2006


WEST PALM BEACH, Fla. — A rare coin has brought a Florida couple a pretty penny.

Denis Loring and Donna Levin bought the 1792 copper penny at auction last year for $437,000. They sold it in May for $660,000.

The coin originally was owned by descendants of Oliver Wolcott, who was a signer of the Declaration of Independence and Connecticut's governor in the 1790's.

The chocolate-colored coin is one of only nine known to exist.

Dallas-based Heritage Auction Galleries arranged the sale and said the buyer, "an East Coast energy company executive," wants to remain anonymous.

foxnews.com
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