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What's a Penny Worth?

One Penny = $632,500 or 1 + 1 = $1,265,000

How do you like that math? That's how much a collector won at an auction last Friday in Texas. The total amount gained from the auction? $10.7 million dollars. I think most investors would consider that an infinite rate of return.

Makes you want to look through your loose change to see if there's a penny that's worth more than face value, or maybe not.

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The Cashflow Coach

Posted by Evan Vanderwey, The Cashflow Coach on 02/19/2008 08:29 AM

Comments (1)

1794 cent

Post is included in group: Grand Rapids MI Real Estate

1 Comments on What's a Penny Worth?

MAR

Hello, i have a penny that has the date 1952. I would like to know how much that penny is worth and if it is worth a lot, can you tell me where i would perhaps sell my penny for a good price. Please answer me quickly. The date is once more 1952. Thank you.

Lindsay,

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Evan Vanderwey, The Cashflow Coach

Okemos, MI

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