When is a penny worth a million dollars?

[jeff of pa]

When it's a 1795 reeded-edge U.S. penny, one of only seven known to exist. It recently sold for nearly $1.3 million at auction—the first time a one-cent coin has cracked the million-dollar price barrier.

http://online.wsj.com/article/SB10001424052748703811604574533732182243424.html

 

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[rmptr]

Wow!

I did not know such a coin existed.

I'll need to keep my eyes open...


.

 

[dazoff]

This handout photo features the Canadian 1936 dot cent coin, which will go up for auction in New York City in January and could fetch as much as $250,000. The penny has a tiny dot on the reverse side, below the date, to distinguish it as a 1936 coin made in 1937.

 

[fisher2]

thats weird my 2004 blue book doesnt list it ity lists the date of the coin saying

1795 ltd.ed or

1795 plain ed

where none known to exsist in 04?

 

[jeff of pa]

My 2004 Red Book Lists it as 4 Known but
No Value

 

[thrillathahunt]

I wonder where the other 3 are?

 

[fisher2]

the blue book must not have it cuz no normal buyer is gonna see one