Pricey Pennies.What's a penny worth these days? More than you might think. At a recent auction of rare coins at Superior Galleries in Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , pennies were going for a king's ransom Noun 1. king's ransom - a very large treasure hoarded wealth, treasure - accumulated wealth in the form of money or jewels etc.; "the pirates hid their treasure on a small island in the West Indies" . The highest price was $83,375 -- the winning bid for an 1876 "Flying Eagle" cent. Another coin from a. collection of Indian pennies fetched $77,625. And even a 1955 Lincoln cent The Lincoln cent is the current one cent coin used in the United States. It was adopted in 1909, replacing the Indian head cent; its obverse, featuring a bust of Abraham Lincoln (to commemorate his centennial), has been in continuous usage, while its reverse was changed in 1959 to commanded $6,612. Officials with Superior said a number of winning bids exceeded expectations. "We are so pleased for all the people who got to take a piece of history home with them," said Stephen Deeds, Superior's director of numismatics numismatics (n  'mĭzmăt`ĭks, –mĭs–), collection and study of coins, medals, and related objects as works of art and as sources of information. (the study of coins).
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