article_snippet: The pricey penny, which dates from 1792, is one of only seven Birch Pennies which are known to exist.
article_snippet: The 1792 Birch Cent - one of only seven known to exist - sold for $1.175million at an auction in Baltimore .
article_snippet: The auction catalog read: 'The 1792 Birch Cent - one of only seven known to exist - sold for $1.175million at an auction in Baltimore is, simply, the first of a cultural phenomenon that is known the world over
article_snippet: - it is the first American cent.'
article_snippet: ' The auction catalog read: 'The 1792 Birch Cent - one of only seven known to exist - sold for $1.175million at an auction in Baltimore is, simply, the first of a cultural phenomenon that is known the world over - it is the first American cent.'
article_snippet: The buyer was not identified, but the coin - which was engraved the year Congress created the US Mint, and nine years after the American Revolutionary War - was the second Birch Penny to be sold this year.
article_snippet: The man who ended up with the coin said: 'It's like Birch Penny. '
article_snippet: Named for engraver Robert Birch, the penny sold on Thursday depicts Lady Liberty encircled by the words 'Liberty parent of science and industry.'
article_snippet: The flip side is engraved with 'United States of America,' 'One cent,' and the fraction 1/100.
highlights_snippet: Birch Penny sold during Whitman Coin & Collectibles Expo in Baltimore .
  
highlights_snippet: pricey coin is one of only seven Birch Pennies which are known to exist .
  
highlights_snippet: Second 1792 Birch Penny sold earlier this year in January for $2.585million .