Rare coin fetches local man a pretty penny - San Diego, California News Station - KFMB Channel 8 - cbs8.com

Rare coin fetches local man a pretty penny

Posted: Updated:

SAN DIEGO (CBS 8) - It's a one-of-a-kind treasure and it's expected to fetch a pretty penny at auction.

It's an extremely rare 1974 aluminum penny and it is probably the only one left in the world.

Randy Lawrence found it in his father's possessions and took it to La Jolla coin dealer Michael McConnell who thought it could possibly be worth a couple hundreds dollars at first, but then did a little homework.

"Did a little bit further research on it and realized it might be something a little more special than I originally thought," McConnell said.

The coin will be auctioned off in April.

Lawrence and McConnell agreed to split the proceeds and donate as much as $100,000 to homeless programs.

 

  • CBS 8 FEATURESMore>>

  • The picture perfect Mother's Day

    The picture perfect Mother's Day

    Friday, April 18 2014 10:48 PM EDT2014-04-19 02:48:41 GMT
    If you love your mother and your mother loves you, you probably have a picture of the two of you that could win you a grand prize. KFMB's second annual Mommy and Me Photo Contest is under way. 
    If you love your mother and your mother loves you, you probably have a picture of the two of you that could win you a grand prize. KFMB's second annual Mommy and Me Photo Contest is under way. 
  • Police seek suspect in lewd act in Otay Mesa

    Police seek suspect in lewd act in Otay Mesa

    Friday, April 18 2014 10:16 PM EDT2014-04-19 02:16:53 GMT
    A motorist exposed himself to a teenage girl and performed a lewd act on an Otay Mesa roadside Friday. 
    A motorist exposed himself to a teenage girl and performed a lewd act on an Otay Mesa roadside Friday. 
  • Woman's dog scares off hot prowl suspect in Oceanside

    Woman's dog scares off hot prowl suspect in Oceanside

    Friday, April 18 2014 7:54 PM EDT2014-04-18 23:54:20 GMT
    A woman awoke in her home near the Center City Golf Course Friday to find her mouth covered by the hand of a strange man, who fled moments later when her dog went after him, police reported. 
    A woman awoke in her home near the Center City Golf Course Friday to find her mouth covered by the hand of a strange man, who fled moments later when her dog went after him, police reported. 
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Midwest Television, Inc. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.