Rare coin

This Thursday, April 19, 2012, shows the obverse side of a rare 1792 experimental penny on display in Schaumburg, Ill., where is was auctioned off for (Canadian) $1 million on Thursday. Officials with Heritage Auctions say Kevin Lipton of Beverly Hills, Calif., bought the penny on behalf of a group of unnamed investors. It was never actually put into circulation and only 14 examples of the coin are known to exist. (AP Photo/Daily Herald, George LeClaire)

Rare 1792 penny sells for $1.15 million

Last updated Friday, April 20, 2012 - 1:34pm

SCHAUMBURG, Ill. -- When is a penny worth $1.15 million? When it is a rare experimental penny minted in 1792.

Auction, Penny, Rare coin, National     Read more     Comments
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