The 1933 Lavrillier Pattern Penny broke a world record for any copper or bronze coin sold at auction when the hammer went down at AH Baldwin and Sons in London on May 4.
Its price is down to its rarity.
The Royal Mint produced a surplus of 1p coins in 1932, meaning no more currency versions were produced the following year.
Only seven pennies were made bearing the 1933 date - and they were for 'ceremonial and record purposes'.
This particular coin is even more rare - one of only four ever made - meaning the item garnered bids from all over the world.
Mirror cullage.
Only seven pennies were made bearing the 1933 date - and they were for 'ceremonial and record purposes'.
This particular coin is even more rare - one of only four ever made - meaning the item garnered bids from all over the world.
Mirror cullage.
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