When it is a United States 1793 Penny and just sold for $300,000.
Fox News: Rare US penny sells for $300G at auction in Florida
One of the first circulating coins released from the US Mint into circulation, only 500 have survived in various conditions.
Note that these pennies were rather large with a diameter of 26.5 mm, and quite substantial as a dollar worth of these pennies weighed 3 pounds.
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