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Is the 1956 penny worth a million dollars?

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Wiki User
September 10, 2009 3:54PM

No U.S. cents are worth that much, especially not 1956 cents because billions were struck. Values are more like 2 or 3 cents, on average. Actually, on Sunday, September 6th, 2009, a U.S. Large Cent, "1795 Reeded Edge - Sheldon 79" was sold at the Dan Holmes Collection auction in Beverly Hills for $1.1 million (without auction fee). http://www.coinworld.com/News/20090907/Auction.aspx http://www.icollector.com/1795-S-79-R7-Reeded-Edge-PCGS-graded-VG10_i8599150