Penny
Sells for $6,302 on eBay
An eBay Power Seller
from Tucson, Ariz.,
recently sold a penny on eBay for $6301.99. This was no ordinary one-cent
piece; it was a rare 1794 Starred Reverse Liberty Cap Cent. The coin is
believed to be one of only 57 in the world.
The coin was found by a new employee
of the seller’s coin shop, who recognized that the coin was, in fact, a valuable starred reverse. Due to
corrosion, only a few of the 94 tiny stars, which are smaller than sugar
granules, are still visible on the left side of the old coin.
The item was listed for $.01 on June 30th. During the first
day of the auction, bids reached $3,550. Over the course of the 10-day auction,
31 bids were placed, as eBay members recognized that this was a rare and
valuable coin. The auction closed on July 10th with a winning bid of
$6,302.
The seller provided two photos, including close-ups of each side of the
coin. A detailed description of the coin was also included with the listing. With
a rare item such as this, clear and detailed photography and a complete
description helped the seller to showcase his item, communicating the item's
authenticity and history to potential buyers. Sellers can learn more tips for
making the most of their listings at eBay’s Seller Central webpage,
http://pages.ebay.com/sellercentral/
About eBay
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