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Penny Sells For $1,380,000 At Auction

A Florida auction drew the most money ever for a US copper coin. The one-cent coin is from 1793, the first year the United States Mint opened in Philadelphia. What makes this coin so rare is that it was not in circulation. There was no wearing on the face, lettering or the chains (the chains on the reverse were later replaced by a wreath as the US government felt it symbolized slavery).

The buyer’s name has not been released but was reputed to be a major collector. Amazingly, this isn’t the most a US coin has been sold for. Keep reading for a list of some of the highest-priced coins in US history.

1794 FLOWING HAIR DOLLAR
Sold in May 2010 for a whopping $7,850,000 to a private collector, this coin dollar is the most expensive coin in history.

1933 GOLD DOUBLE EAGLE
This beauty sold at auction on July 30, 2002, for $7,500,000. There is quite a history behind this coin including theft and an intervention from the government!

1804 CLASS 1 SILVER DOLLAR
This coin was actually minted in 1834, but had the date 1804, making it rare. It sold at auction in 2010 for $3,730,000.

1913 LIBERTY NICKEL
This coin featured a “V” on the reverse; there are only 5 in existence. The first one sold in 1996 for $1,485,000 and a second one sold a few years later for $3,700,000.

1804 DRAPED BUST DOLLAR
This little gem of a coin received $1,815,000 at auction in 1997.

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