This Lincoln Penny Just Sold for $1,700,000



This is a one-of-a-kind penny, resulting from a production error at the U.S. mint in Denver.  It was struck in bronze rather than the zinc-coated steel normally used during the WWII era. About 20 such errors are known from the Philadelphia and San Francisco mints, but this is the only one known from the Denver mint.
The anonymous collector who formerly owned the coin “donated it to a charitable organization so they could sell it with all of the proceeds going to the charity,” according to Andy Skrabalak of Angel Dee’s Coins and Collectibles in Woodbridge, Virginia who acted as agent on behalf of the former owner.

The new owner is an anonymous businessman who plans to exhibit the penny at various venues around the country.

Link.

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It's worth whatever people are willing to pay for it, whiners.

At least the reason behind this is better than when people buy crappy art.
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I really don't find this to be worth that much money, even if it was accidentally pressed, though how bronze got mixed with steel it a decent question. Good for the charity though.
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