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Rare 1790 Albany Church Penny sold for $50,000

2017-04-28 Fri

An Undated (1790) Albany Church penny graded Extremely Fine 40 with CAC sticker was sold for $49,350. These type of coins are popular among collectors. The coin offered at the auction was struck over a well-worn English halfpenny; a faint King William III’s portrait is visible on the obverse.

Two versions of the coin are available; one with ‘D’ and the other with No D. D stands for the British shorthand for the penny. The coin offered is one out of the 1,000 copper uniface tokens issued by the First Presbyterian Church of Albany, N.Y.