Last Updated on 9/29/2010 by

Paul Fraser Collectibles reports on the sale of a rare 1943 Lincoln penny:

‘World’s most valuable penny’ brings $1.7 million for charity in the US

A famous, one-of-a-kind Lincoln cent from World War Two has been sold by a New Jersey coin dealer for a record $1.7 million.

The coin was mistakenly struck from the wrong metal, 67 years ago. It was purchased by a Southwestern United States business executive, and proceeds from the sale went to a charity.

“This is the world’s most valuable penny,” said rare coin dealer Laura Sperber, President of Legend Numismatics of Lincroft, New Jersey who obtained the unique penny for the unnamed collector.

“It’s the only known example of a 1943-dated Lincoln cent incorrectly struck in a copper alloy at the Denver Mint.”

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