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Is there 1 million dollar coin?

Updated: 9/27/2023
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11y ago

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There are many pennies that average from a few hundred to a few thousand.

There is a unique error wheat penny, a 1943 coin minted at Denver, that recently (2011) sold for $1.75 million. This coin was struck on a bronze blank left over from 1942, while all 1943 cents were supposed to be made of steel to save copper for use in ammunition.

The other 2 mints (Philadelphia and San Francisco) also had similar errors but made a total of somewhere between 10 and 20 such coins, so they're not worth as much as the Denver error.

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12y ago
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14y ago

There is a penny in the year 1972 that is worth half a million dollars.

No wheat cents have yet sold for a million dollars. However, on Sunday, September 6, 2009, a 1795 U.S. large cent sold at the Dan Holmes auction for $1.1 million. This is the first U.S. penny to break the $1 million barrier.

www.coinworld.com/News/20090907/Auction.aspx

www.icollector.com/1795-S-79-R7-Reeded-Edge-PCGS-graded-VG10_i8599150

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13y ago

A penny is only a cent, so no, but there are rumors they're working on a million dollar billl that most likely aren't true.

MoreActually, a penny ISN'T just a cent. There are some very old and very rare US Large Cents that sell for several hundred thousand dollars, but nothing has broken the million-dollar level yet.

Rumors of a $1M bill are just that, stories. There are novelty "million dollar" notes that can be bought in toy and hobby shops but they're as real as, well, a $3 bill.

Any transaction involving amounts such as a million dollars would be done electronically so there's no need for such a huge bill. In fact, the government has refused to issue any bills higher than just $100 despite calls for a new $200 and/or $500 denomination to counter the effects of inflation. They're afraid that criminals might use them to move large sums "under the table".

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12y ago

A few U.S. one cent coins have passed the million dollar mark, but there is no given year for this high value. Some known dates are: 1793, 1795 & 1943.

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11y ago

No.

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