Coin Collector Makes Pretty Penny at Auction

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On Friday, about 200 coin collectors crammed into a room at the Long Beach Convention Center in California. On the block: 301 pennies.

A California coin collector was auctioning them off partly because he needed to pay off some real estate debt. He had spent years tracking down the rare pennies, which date back as far as 1793.

His pursuits paid off.

By the end of the evening, most of the pennies had been sold, fetching a total of $10.7 million.



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