Monthly Archives: February 2015

California man pays $4.8M for 26 cents from 1792

Kevin Lipton submitted a winning bid of $2,585,000 mid-January for the 1792 penny, one of about only 10 coins that were “experimentally produced” after the U.S. Mint was established.

Lipton, who owns a coin wholesaling business in Beverly Hills,was searching for the penny, called a Birch Cent, since he saw one in 1981 at a New York auction house. The coin was bought by a developer for a mere $200,000.

“It’s like our very first penny,” Lipton said. “It’s such a spectacular coin. It’s so important, so rare.”

The piece features a profile of a female face encircled by the words “Liberty Parent of Science and Industry.” The other side says, “United States of America” and shows the denomination of “One Cent” within a wreath. At the bottom is the fraction “1/100.”

1792-penny

According to the Reporters, Lipton’s bid is the most money ever paid for a one-cent coin. “They are a great store value, and will only be worth more in the future,” He said about his purchase. “They are literally Mona Lisas of our coinage.”

1792-Eagle-on-Globe-Copper-Quarter-Dollar

Lipton’s 1792 “Wright Quarter” is special because it’s America’s first quarter and because the only other example known to exist is in the Smithsonian. It features a beautifully executed profile of a woman with the word “Liberty” written atop and the date below. The reverse side has an eagle standing on a globe with the words “United States of America” surrounding it. The coin was designed by Joseph Wright only one year before his death.

Inspiring Jewels worn by First-Lady

Jewelry worn by famous peoples has always been mesmerizing. So this time in honor of President’s Day that we celebrated recently, we thought why not come up with jewels worn by first ladies of past and present. After all we all can take a few lessons in style, or at the very least marvel at.

Jacqueline Kennedy’s custom pearl necklace, designed by Kenneth Jay Lane

Jacqueline Kennedy’s custom pearl necklace, designed by Kenneth Jay Lane

Barbara Bush’s signature costume pearls, purse designed by Judith Leiber

Barbara Bush’s signature costume pearls, purse designed by Judith Leiber

Stock up on those pearls, you can always count on the classics.—Mother’s Day is coming!

Mary Todd Lincoln’s enameled gold bracelet watch

Mary Todd Lincoln’s enameled gold bracelet watch

 

Edith Roosevelt’s Harry Winston diamond necklace

Edith Roosevelt’s Harry Winston diamond necklace

A copy of Mrs. Roosevelt’s flowery diamond statement necklace is on display (both the original and reproduction made by Harry Winston)

Michelle Obama’s inaugural ball jewelry suite, designed by Loree Rodkin

There was something to please everyone, and most definitely a jewel or two (or three) to lust after. Stock up on those designs. We don’t have it in stock but we can definitely make a similar jewelry for you. Visit us today.