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  1. OldCurrencyExchange

    British penny sells for $179,000 in California

    Last Friday, a British 1933 penny was sold at auction, by Heritage Auctions, in Anaheim, California at the ANA World’s Fair of Money for US$ 179,000 This equates to €174,411.06 or GB£151,920.22 I cannot help wondering if this coin might have sold for more money if offered for sale in a British auction. What was the logic behind selling it via an American auction house in California? Did the post-Brexit dip in the value of Sterling adversely affect the bids from the UK? For more info on this extremely rare coin, see https://oldcurrencyexchange.com/2014/08/20/rare-coins-the-1933-british-penny/
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