Rare 1943 Penny Sells for $1 Million
PCGS(NEW YORK) — A 1943 Lincoln penny that soared in value because it was made from the “wrong” material reportedly has sold for $1 million.The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to U…
Vermont Store Bans Pennies
iStockphoto/Thinkstock(MORRISVILLE, Vt.) — What’s a penny worth these days? At Power Play Sports, a sporting goods shop in Morrisville, Vermont, not much.That’s because on September 1, owner Caleb Magoon, 29, stopped dispensing pennies whe…
Mass. Man Pays Off Mortgage with Pennies
Photodisc/Thinkstock(MILFORD, Mass.) — A Milford, Mass., man saved his pennies to pay off his mortgage — literally. He carted more than 62,000 pennies to the bank to make his last payment.”Thirty-five years ago when my wife and I took out our mortgag…
Spare Change: Canada to Stop Making Pennies
Ablestock.com/Thinkstock(OTTAWA, Canada) — Say goodbye to the Canadian penny.Lawmakers in Canada have decided it makes little sense — or cents — to continue making the 1-cent coin. Canada’s minister of finance, Jim Flaherty, announced the penny&lsqu…