So far, the most valuable of the coin errors is the 1982 small date zinc penny with a reverse doubled die. This error was first discovered in 2007, and its value sits at $15,000 because it's absolutely rare. A double die error was also sighted in a 1982 large date copper penny.
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How can you tell if you have a 1982 D small date penny?
The 1982-D small date bronze Lincoln cent is a rare and valuable transitional error! So, how do you find them? There are two key diagnostics: the size of the date and the coin's weight. The 1982-D small date bronze weighs about 3.1 grams, versus only 2.5 grams for the far more common zinc issue.
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What makes a 1982 penny rare?
In October 1982, the Denver mint began making the coins with a smaller date. Remember, the Denver mint struck 6,012,979,368 pieces. The number includes both copper and zinc pennies. So, such large numbers made these 1982 pennies have a low market value.
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How rare is a 1982 small date copper penny?
The 1982-P Small Date copper Lincoln cent is one of the most difficult memorial cents to find in high grade condition. They are scarce even in MS64 and MS65 grades. It is one of the most difficult varieties to find in high grade out of all seven different varieties of this date.
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Why is a 1982 penny worth $10000?
So for the past 30 years, pennies have been made with an alloy comprised of 97.5% zinc and 2.5% copper, but pennies minted before 1982 are 95% copper and 5% zinc. The price of copper has more than quadrupled over the past 10 years.
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Are Your 1982 Pennies Worth Money, Large and Small Date Varieties Explained
What is the 1982 error penny?
The most valuable 1982 penny is a transitional error caused by the move from 95% copper to 99.2% zinc composition. It's the 1982-D "small date" Lincoln Memorial cent made from copper. There wasn't supposed to be any "small date" bronze Lincoln cents struck in Denver in 1982.
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Which 1982 penny is the rarest?
That said, the rarest of the 1982 pennies is the 1982-D small date penny. There's been, so far, only one discovered. The penny is worth 2¢ in its circulated version but very expensive for the rare uncirculated version.
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How many different 1982 pennies are there?
To make things even more interesting for coin collectors, the Mint introduced a modified obverse design halfway through the year. Among other things, they made the date smaller. This resulted in seven different versions of the 1982 Lincoln penny, not counting the proof bronze 1982-S cent from the San Francisco Mint.
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How do you tell if a 1982 penny is copper or zinc?
For pennies dated 1982, when both copper and zinc cents were made, and best way to determine their composition is to weigh them. Solid copper pennies weigh 3.11 grams (+/- 0.130 g.), whereas the copper plated zinc pennies weigh only 2.5 grams (+/- 0.100 g.).
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How much is a 1982 large date copper penny worth?
USA Coin Book Estimated Value of 1982 Lincoln Memorial Penny (Copper - Large Date Variety) is Worth $0.39 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts.
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What year penny is worth $1000000?
1943-S Lincoln Cent Sells for $1 Million.
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What is the difference between a post 1982 penny and a pre 1982 penny?
Pre-1982 pennies contain a much greater percentage of copper. Post-1982 pennies are mostly zinc.
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Are pre 1982 pennies worth more?
It turns out all pennies with a date of 1981 or earlier were made from nearly pure copper, which means they are actually worth three times their face value - three cents. That probably isn't too impressive, but that's just the start.
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Why are pre 1982 pennies heavier?
Upon changing the composite from solid copper to the zinc and copper alloy, so to did the weigh of the coins themselves. Prior to 1982, a penny made completely of copper was significantly heavier than the zinc and copper alloy counterparts.
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How do I know if my penny is valuable?
Although many factors determine the exact value of a coin, you can quickly determine the value of your penny by knowing its type, date, mintmark, and grade. Additionally, the value of a particular coin can vary between markets and coin dealers.
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What dates should I look for on pennies?
The 10 Most Valuable Lincoln Pennies
- 1998-P Wide AM: $25.
- 1995-D Doubled Die: $50.
- 1970-S Small Date High 7: $60.
- 1984-P Doubled Die Ear: $250.
- 1960-D Small D Over Large D: $200-$500.
- 1983-P Doubled Die Reverse: $400.
- 1992-D Close AM: $500.
- 1999-P Wide AM: $540.
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Why do pre 1982 and post 1982 pennies have different masses?
All pennies were made with this composition until 1982 when the high cost of copper dictated a major change in composition. Since 1982, U.S. pennies have been produced with 97.6% zinc with a thin plating of copper. Since each metal has a different density, pre- and post-1982 pennies have different masses.
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Are all 1982 D pennies copper?
The Mint switched over from striking copper-alloy to copper-plated zinc planchets sometime in mid-1982 as a cost saving measure – the copper-alloy planchets were too expensive to strike and the Mint was losing money.
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How many 1982 D small date copper pennies have been found?
The 1982-D has been a highly sought-after coin ever since the first one was discovered in Minnesota in 2016 and sold for $18,800 at auction. Now that a second specimen has been found, it gives collectors even more hope of finding one. A second 1982-D Small Date homogenous copper alloy Lincoln cent has been discovered.
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What pennies should I keep?
Rare Pennies
- 1914-S Lincoln Penny.
- 1944-D Lincoln Penny (Zinc-coated steel)
- 1909-S VDB Lincoln Penny.
- 1872 Indian Head Penny.
- 1969-S Lincoln Penny-Doubled Die Obverse.
- 1926-S Lincoln Penny.
- 1877 Indian Head Penny.
- 1914-D Lincoln Penny.
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What penny is worth 1000$?
If you find a 1909 penny with an S on the front and the letters VDB on the back at the bottom, it could be worth nearly $1,000. We asked Matthew Duncan at U.S. Coins to take a look.
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What penny is worth $50000?
The 1959-D wheat penny is one of the most controversial mule coins ever. It's worth $50,000!
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