$1 Million Penny Up for Auction

April 19, 2012 Updated Apr 19, 2012 at 11:45 AM EDT

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$1 Million Penny Up for Auction

April 19, 2012 Updated Apr 19, 2012 at 11:45 AM EDT

How much is a penny worth? In this case, more than $1 million.

According to the Chicago Tribune an experimental penny produced in 1792 is being auctioned off in Illinois on Thursday night, and the price is already set at more than $1 million.

Read the Chicago Tribune story HERE.