This dude just put a penny up for sale online, listing it for 99 cents. Bidding brought the final price all the way up to $1,111.85.
Yeah, a single penny sold for more than one thousand smackers.
The coin, a 1909-S VDB Lincoln cent, is a favorite among collectors, and one of the most valuable pennies to ever circulate.
According to the Professional Coin Grading Service (PCGS), among collectors, the 1909-S VDB penny "is one of the favorites in the entire run of United States coins."
VDB stands for Victor David Brenner who engraved the image of Lincoln on the penny.
He put his initials on the back of the penny, much to the dismay of many journalists at the time.
It was only on the penny for one year and only the coins minted in San Francisco, making this a very rare coin.
VDB pennies were only minted in San Francisco, and just 484,000 were made before the design was changed, making it extremely rare.
The value of VDB pennies can vary based on grade and condition - USA Coin Book lists the highest and lowest prices at $2,277 and $847.
This recently sold cent was graded by the PCGS at VF35, a slightly above average rating for a circulated coin.
VF35 VDB pennies can sell for as much as $1,325, and typically cost $1,175 on average, per PCGS.
The seller of this coin initially listed the penny for 99 cents, but the price shot past $700 within 24 hours of bidding.
After 32 total bids, the antique penny sold for $1,111.85.
That's a guaranteed 850 bucks if you have this one-cent piece.
I don't understand the collectors' world, but I'd be more than willing to sell to them.
Now if you'll excuse me, I need to go check my sofa cushions.
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