Antique Penny Sells For $1.38 Million

A one-cent United States penny was sold in an auction last weekend for a whopping $1.38 million! This is the highest price that a copper coin has ever fetched in the country. The extremely rare penny was made in the year 1793, which was the first year that coins were produced in the United States. It was not publicly revealed who made this expensive auction purchase, but the person is supposedly known for being “a major collector.”

What do you think will be done with this rare penny?