Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

1793 Penny Fetches $1.38 Million At An Orlando Auction

Sunday, January 8, 2012 - 11:45 AM
A penny saved is a penny earned... especially if it was this penny. From USA Today
A once-cent copper coin from the earliest days of the U.S. Mint in 1793 has sold for a record $1.38 million at a Florida auction.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Sunday, January 8, 2012 - 2:10 PM
I never find anything like this in my change from Wal-Mart.
ShorebreakShorebreak2,695 posts since
Apr 6, 2010
Rep Points: 14,611
2. Monday, February 20, 2012 - 11:36 PM
I've been an on-again/off-again numismatist since I was a boy. I've always actually been surprised at how low the selling prices of super-rare, one-of-a-kind coins actually is.

Over $1M sounds like a lot, but for real history it isn't that much in my mind. Some of these coins have real stories behind them; intrigue and suspense. Some are absolutely the only one of their kind. They can be beautiful, too.

Fine art goes for many multiples of a million dollars and nobody blinks an eye. I would have expected rare coins to have surpassed the $10M mark a long time ago.
MolotovMolotov9 posts since
Feb 15, 2012
Rep Points: 76