Rare 1792 Penny Sells for $1.15 Million...
Ian Russell on Fri, Apr 20, 2012 01:03:02 PM
For several hours this morning, we had a very special penny on display at the GreatCollections Central States table. The 1792 Silver Center Cent sold for $1.15 million last night at the Central States auction, bought by Kevin Lipton of Kevin Lipton Rare Coins.
The coin is considered the third finest example of fourteen known to exist. It last sold for $105,000 in 1974.
Photo: Ian Russell, president of GreatCollections holding the million dollar penny with the buyer and current owner, Kevin Lipton of Kevin Lipton Rare Coins (April 20, 2012).