Hub for reliable, timely news about COVID-19 pandemic

Rare penny found in 1947 could be worth more than $1 million

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
Data pix.

PITTSFIELD, Mass. -- A penny is only worth one cent, but not this one! It was found in Massachusetts in 1947.

Less than 20 of the rare 1943 Lincoln pennies were made, due to an error.

In 1943, during World War II, pennies were supposed to be made of steel, because copper was needed for other uses, but a handful of the coins were mistakenly pressed with copper, and Don Lutes Jr. discovered one of them in his change from his Massachusetts high school lunch in  1947.

He kept it in his collection since then, but passed away in September.

The penny was put up for auction, and as of Wednesday morning, Jan. 9, the bid was at $120,000. 

The auction is slated to end on Thursday, Jan. 10.

A similar penny sold for $1.7 million in 2010.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.