The Last U.S. Pennies Could Fetch $5M Each At December Auction

Benzinga

The U.S. Mint struck its final 1-cent coins after 232 years, with the last five pennies set for a December auction. Each coin carries a special omega symbol and is expected to fetch $2 million to $5 million as collectors bid for the final business-strike Lincoln cents.

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00:00It's Benzinga, bringing Wall Street to Main Street

00:02The U.S. Mint produced the final one-cent coins on Wednesday in Philadelphia after 232 years in

00:08circulation, according to USA Today. The last five pennies will be auctioned in December,

00:13and experts say each could sell for $2 million to $5 million because they contain an Omega

00:18symbol marking their special status. Rare coin expert John Feigenbaum said collectors would be

00:23eager to buy the five final business strike Lincoln cents, which he values between $2 million

00:28and $5 million each. For all things money, visit Benzinga.com.

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