The 800K Penny Mystery Three Markings to Watch For Before You Empty Your Change Jar
A penny saved could be $800,000 earned. After pennies were discontinued in November, the last 1-cent coins minted suddenly became worth a fortune. A haul of these special pennies reportedly went for an eye-popping $16.76 million at a special auction in California held on behalf of the US Mint. The sale marked the “highest value auction of special coins sold on behalf” of the currency-churning institution, per a press release by the auction company Stack’s Bowers Galleries. Included were several sets of 232 three-coin sets, each of which featured a 2025-D penny struck at the Denver Mint, and a 2025 penny and a historic 2025 penny struck in 24-karat gold, both from the Philadelphia Mint. Each of the iconic coins bears the mark of the final Greek letter Omega, denoting “their role as the capstone to a two-centuries-long legacy that first began in 1793 with the Chain Cent,” per the release. During the auction, which entailed “four hours of competitive bidding” amid unprecedented interest, each set average of $72,000 while 17 lots sold for more than $100,000 each, with the final one — Set #232 — fetching a whopping $800,000. In other words, they stopped being minted so people could be. In accordance with, people who want to make dollars on the penny should inspect their change jar carefully before emptying it. In particular, there are three tests people can use if their penny is worth more than a cent — er, rather, not anything anymore. The auction occurred exactly one month after the US Mint in Philadelphia called a moratorium on penny-making in line with President Donald Trump’s order to discontinue the denomination. What do you think? Post a comment. He cited the fact that it became twice as expensive to produce as it was worth. “For far too long, the United States has minted pennies which literally cost us more than 2 cents,” the 47th president declared. “This is so wasteful! I have instructed my Secretary of the U.S. Treasury to stop producing new pennies.” Share your stance. Please adhere to our
In This Article:
Omega Marks and the Record Auction: 232 Sets with Denver and Philadelphia Mint Cents, and 24-Karat Gold Versions
Included were several sets of 232 three-coin sets, each of which featured a 2025-D penny struck at the Denver Mint, and a 2025 penny and a historic 2025 penny struck in 24-karat gold, both from the Philadelphia Mint. Each of the iconic coins bears the mark of the final Greek letter Omega, denoting “their role as the capstone to a two-centuries-long legacy that first began in 1793 with the Chain Cent,” per the release. During the auction, which entailed “four hours of competitive bidding” amid unprecedented interest, each set average of $72,000 while 17 lots sold for more than $100,000 each, with the final one — Set #232 — fetching a whopping $800,000.
The Penny Moratorium and Presidential Order The End of Penny-Making and Public Debate
The auction occurred exactly one month after the US Mint in Philadelphia called a moratorium on penny-making in line with President Donald Trump’s order to discontinue the denomination. What do you think? Post a comment. He cited the fact that it became twice as expensive to produce as it was worth. “For far too long, the United States has minted pennies which literally cost us more than 2 cents,” the 47th president declared. “This is so wasteful! I have instructed my Secretary of the U.S. Treasury to stop producing new pennies.” Share your stance. Please adhere to our
Warning The Bubble Burst and The Shekel Debate
Sorry to burst anyone's bubble, but checking your change in the hope of finding one of these Omega pennies is a waste of time. The odds of finding one aren't one in a hundred, one in a million, or even one in a billion, they're flat-out zero percent. Nobody is going to spend thousands (or hundreds ... If anyone didn’t already get that then they deserved to endlessly search pennies for the rest of their lives! Why does the author refer to our U.S. American penny as a “ shekel”? That’s disgustingly insulting. Shekel is used in the King James version of the bible.