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<p>[QUOTE=&quot;kaparthy, post: 1964885, member: 57463&quot;]LIBERTY PARENT OF SCIENCE &amp; INDUSTRY is the legend on the obverse.&nbsp; Heritage Auctions is offering a rare 1792 Silver-Center cent, technically a pattern coin of the US Mint, in its upcoming September 3-7, 2014, Long Beach Sale. All 26 known specimens have been accounted for, and tallied at auctions. Of those 14 have been &quot;plated&quot; (photographed and published).&nbsp; <i>Walter Breen&#039;s Complete Encyclopedia of U.S. and Colonial Coins</i> asserted that only 12 were genuine, the others being &quot;dangerous counterfeits&quot; by which Breen might have meant that they were struck later at the Mint from original dies for friends of the Mint management, a common practice of the time.</p><p><br /></p><p>These Silver Center Cent coins range in condition from Very Fine to Uncirculated and price between $250,000 and an expected One MIllion Dollars for this Uncirculated (PCGS 61) example.&nbsp; This coin weighs about 70 grains and contains about 2.48 grains of silver. It is <b>bullion</b> by Minnesota law and to be sold, the seller has to inform of the buyer of the precious metal content and the <b>market value</b> of the precious metal content.&nbsp; At today&#039;s price of silver ($22 high), that is about 11 cents of silver.&nbsp; </p><p><br /></p><p>Realize that this law was passed to protect Minnesotans from &quot;scams&quot; run by &quot;bullion investment&quot; firms.&nbsp; So, if you are from Minnesota, and have a million dollars, do not buy this coin.&nbsp; It is only &quot;worth&quot; 11 cents, not a million dollars.</p><p><br /></p><p><img src="http://dyn2.heritagestatic.com/lf?set=path%5B8%2F0%2F9%2F2%2F8092470%5D%2Csizedata%5B220x350%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />&nbsp;&nbsp; <img src="http://dyn2.heritagestatic.com/lf?set=path%5B8%2F0%2F9%2F1%2F8091535%5D%2Csizedata%5B220x350%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><a href="http://coins.ha.com/itm/patterns/1792-p1c-one-cent-judd-1-pollock-1-high-r6-ms61-brown-pcgs/a/1169-5403.s" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/itm/patterns/1792-p1c-one-cent-judd-1-pollock-1-high-r6-ms61-brown-pcgs/a/1169-5403.s" rel="nofollow">Heritage Auctions</a>[/QUOTE]</p><p><br /></p>

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