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Rare 1943 Penny Sells for $1 Million

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

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

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

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…

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