1793 penny sold for $1M at Fla. auction

Universal Enlightenment

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ORLANDO, Fla. (AP) — A one-cent copper coin minted in 1793, the first year that the United States produced its own coins, has fetched $1 million at a Florida auction.
The Orlando Sentinel reports ( ) that the final bid by an unknown buyer for the coin was one of the largest sales at the Florida United Numismatics coin show and annual convention.
The newspaper reported that the 1793 penny was sold at such a high price because it is rare and in excellent shape, showing no wear on its lettering, its Lady Liberty face or the wreath on its back.
Nearly 600 dealers of coins and currency are at the show that runs through Sunday. It also features Buffalo nickels, dozens of silver one-ounce pieces and coins from antiquity, misprinted cash and Confederate notes.
 

Darthlawsuit

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Good job you bought a piece of history.... a piece of history that has $2 worth of material in it.
 

Punk Hazard

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wow! how smart that guy was, he payed a million dollars for 1 cent!
 

Selendrile

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Its age people, the contents dont matter. You would understand if you collected coins. U_U Coins always go up in value, as time passes.
 

Darthlawsuit

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I know right man you know if i could i would of sold them one sitting under my couch smh
If I had a million dollars I would invest it next time the stock market says the apocalypse is here and make 2 million dollars. Then I could buy 2 cents!!! xd
 

Universal Enlightenment

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Its age people, the contents dont matter. You would understand if you collected coins. U_U Coins always go up in value, as time passes.

But it's a gamble it has to have a peek some were it can go up forever


If I had a million dollars I would invest it next time the stock market says the apocalypse is here and make 2 million dollars. Then I could buy 2 cents!!! xd

Why stop at 2 pennies when you can get 3 lmao
 

Punk Hazard

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Its age people, the contents dont matter. You would understand if you collected coins. U_U Coins always go up in value, as time passes.

it still doesnt make sense

im gonna pay a million dollars for a cent, then wait till it goes up when i literally had a million dollars to waste
 

Strata Uchiha

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Wow....that person must be one heck of a diehard coin collector. That's crazy expensive too!
 

3raser

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if he is buyin a cent 4 a million........i think he must be a zillionaire!!
 
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