The Latest: 2 early US 1-cent coins sell for $869,500

LOS ANGELES (AP) " The Latest on an auction of two one-cent coins dating back to the early U.S. (all times local):

7:30 p.m.

Two rare one-cent coins from the earliest days of the U.S. Mint have sold for a pretty penny.

The coins, both dating to 1792, sold for a combined total of $869,500 at the auction held Wednesday in Anaheim, California.

One of them, known as the "Birch Cent," sold for $517,000.

The other, known as the "Silver Center Cent," went for $352,500.

Eric Bradley, spokesman for Heritage Auctions, said that while the sales fell somewhat short of the combined $1 million the auction house projected they would go for, organizers are still pleased with the result.

The names of the buyers have not been released and they may choose to stay anonymous.

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11:30 p.m.

If you see these pennies, pick them up. You'll have a whole lot more than good luck.

Two rare American one-cent coins dating back to 1792 are expected to sell for nearly a million dollars at a public auction in Southern California starting Wednesday.

The copper coins, known as the "Silver Center Cent" and the "Birch Cent," are expected to sell for about a half-million dollars each and were made during the early days of the United States Mint.

Eric Bradley of Heritage Auctions, which is holding the sale, calls them classic American rarities that represent America's early attempts to distance itself from Britain.

This story has been automatically published from the Associated Press wire which uses US spellings

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