What coin holds the record for "most expensive U.S. Cent"?

Discussion in 'US Coins Forum' started by Dougmeister, Jan 31, 2017.

  1. Dougmeister

    Dougmeister Well-Known Member

    I know that the 1792 "Birch Cent" was a pattern coin, and if those are allowed, at $2.6 million, I'm pretty sure it would win... (see other threads here or here).

    But if we limit it to actual coins meant for circulation, proofs, or even errors, what would the winner be? Is it a clear-cut answer?

    Is it the 1943 copper-alloy cent at $1.7 million?

    I guess the 1974-D "Aluminum" cent would be ruled out since the U.S. Mint took it back from its owner.

    Thoughts?
     
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  3. mikenoodle

    mikenoodle The Village Idiot Supporter

    There are proof Large Cents, but my guess would be if there was a 1793 Cent or Half Cent that belonged to David Rittenhouse (1st Mint Director) with a pedigree that it would likely be among the contenders.

    The Rittenhouse Half Disme sold for over M$1.3 a few years ago, it was the very first coin struck by the US Mint.
     
    Last edited: Jan 31, 2017
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  4. Dougmeister

    Dougmeister Well-Known Member

    FYI, the reason I'm asking is that I'm doing a "U.S. Cent" presentation for some elementary school children, and I thought it would be fun to have some trivia.

    I'll post the list in another thread.

    Keep 'em comin', guys! Thanks.
     
  5. mikenoodle

    mikenoodle The Village Idiot Supporter

    Doug, if you're presenting on US Cents, the story of the early Mint in 1793 is a great story for kids.

    The reason that they only minted Half Cents and Large Cents in 1793, as well as the story of how they needed an act of Congress to fix it, and that the President put up the money to bond the Chief Coiner and Assayer so that the Mint could produce gold and silver coins... That's a story all by itself!
     
    Last edited: Jan 31, 2017
  6. Dougmeister

    Dougmeister Well-Known Member

    Wow, Mike... I'll have to look into that. Do you have any particularly good links?
     
  7. mikenoodle

    mikenoodle The Village Idiot Supporter

    im me... I'll try to find one. I read it in a book from Whitman called "The History of The United States Mint".

    If you go to coinshowradio.com, I reviewed the book.
     
  8. mikenoodle

    mikenoodle The Village Idiot Supporter

    Also, if you look on our website, at the What Walked In gallery, Matt has posted pictures of a high-end certified UNC Large Cent and a proof Large Cent
     
  9. SuperDave

    SuperDave Free the Cartwheels!

    Nobody remembers the Parmalee Chain Cent that hammered at $2.35Mil two years ago?
     
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  10. mikenoodle

    mikenoodle The Village Idiot Supporter

    good call, Dave!
     
  11. Paddy54

    Paddy54 Well-Known Member

    Doug,
    I'm sure that this is gone to open a can of worms...
    But the 1974 D Aluminum cent wasn't taken from its rightful owner ,but the returned or confiscated stolen property .
    And I understand others here would or will argue this point .....my reply is simple if one of your coins or a piece of property you lawfully own, ended up in the hands of another would you not want it back?
    So this cent couldn't be considered as it was never issued in the first place.
     
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  12. Dougmeister

    Dougmeister Well-Known Member

    Understood. I used the term "owner" in a loose sense of the word ;-)

    Part of me wishes that the guy's dad *had* honestly, legitimately been given the coin, but that's a whole can of worms, like you said.
     
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  13. Paddy54

    Paddy54 Well-Known Member

    And Doug as a collector over 50 years.... I do also!
     
  14. Conder101

    Conder101 Numismatist

    The President did not put up the bond, I believe he may have had a hand in reducing it from $10,000 to $5,000 for the Chief Coiner and $1,000 for the Assayer. (Nope it was the Secretary of State Thomas Jefferson who interceded with the Congress to get the bonds reduced,) If I remember correctly Rittenhouse put up the bond for one of the men, I don't remember who put it up for the other one. Roger Burdette has found the published the actual bond documents. I may have a copy of them but not readily at hand.

    If the book you were thinking about is The Secret History of the United States Mint, by Joel Oroz and Leonard Augsburger, it is not in there.

    OK it looks like Rittenhouse put up the bond for the Chief Coiner Henry Voight, and Gilbert Gilchrist put up the bond for the assayer Albion Cox
     
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  15. mikenoodle

    mikenoodle The Village Idiot Supporter

    thanks for the correction, and the great info, conder
     
  16. totally

    totally Active Member

    Is there actually a chain cent that pedigrees all the way back to Rittenhouse? Or is this just a what if?
     
  17. mikenoodle

    mikenoodle The Village Idiot Supporter

    It was a complete hypothetical based on my knowledge of a pedigreed Half Disme that he owned.
     
  18. totally

    totally Active Member

    Ooooooh gotcha.
     
  19. Conder101

    Conder101 Numismatist

    In large cents I think the oldest provenance we can trace are some 1794 large cents that we can trace back to 1795 from the Lord St Oswald Collection.
     
  20. ValpoBeginner

    ValpoBeginner Well Known Supporter

    I thought that it would have been the 1904 Indian head cent struck on the gold planchet.
     
  21. mark_h

    mark_h Somewhere over the rainbow

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