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1982 Penny Value

1982 Penny - The transition from Bronze to Copper-plated Zinc

The 1982 penny, also known as the Lincoln cent, is a significant coin due to its transition in metal composition.

  • Before Mid-1982: The penny was made of 95% copper and 5% zinc.
  • After Mid-1982: The penny switched to a composition of 97.5% zinc with a 2.5% copper plating.

This change was implemented to reduce costs amid rising copper prices. Collectors often distinguish between these two types by their weight: the copper version weighs 3.11 grams, while the zinc version weighs 2.5 grams.

 

1982 Penny Value

AUCTION RECORD: $173 • MS63

Image source: PCGS 

1982 Penny Value 

1982 Copper Penny Value: Produced in the first half of 1982, this penny is made of 95% copper and 5% zinc. As of 2024, in average circulated condition, early 1982 penny value generally ranges from $1 to $3. Uncirculated or higher-grade examples can be worth more, often between $5 and $10.
1982 Zinc Penny Value: Produced from mid-1982 onwards, this penny is made of 97.5% zinc with a 2.5% copper plating. As of 2024, in average circulated condition, 1982 penny worth is about 1 cent, though higher-grade specimens may fetch $1 to $2.

 

Metal Content 

Pre-1982 Pennies (January to mid-1982): These pennies are composed of 95% copper and 5% zinc. They weigh approximately 3.11 grams each.
Post-1982 Pennies (mid-1982 onward): These pennies are made of 97.5% zinc with a thin 2.5% copper plating. They weigh approximately 2.5 grams each.

Type of coin: Penny

Year: 1982

Face value: 1 cent

Edge: Plain

Designer: Victor David Brenner

Diameter: 19.00 millimeters

 

1982 small date penny

The 1982 small date penny refers to a specific variety of the Lincoln cent minted in 1982.

  • Date Size: It is distinguished by the smaller size of the digits in the year "1982" on the coin's obverse, compared to the larger digits found on the "large date" variety of the same year.
  • Minting Details: This variety was produced as part of the transition from copper to zinc composition in 1982, and it is particularly sought after by collectors.
  • Value: The 1982 small date penny can be more valuable than its large date counterpart, especially in higher grades, due to its rarity and demand among collectors.

1982 Penny no mint mark

The 1982 penny with no mint mark refers to the Lincoln cent produced at the Philadelphia Mint.

  • Composition Change: This penny was produced in two compositions: a copper version before mid-1982 and a zinc version after mid-1982.
  • Identification: The absence of a mint mark indicates that it was minted in Philadelphia, as opposed to the Denver (D) or San Francisco (S) Mints.

FAQ

What is the value of a 1982 penny?

As of 2024, a standard 1982 penny typically ranges from $0.01 to $0.10. However, specific variations, such as those with errors or unique mint marks, can be worth more.

What are the key differences between the 1982 penny types?

The 1982 penny comes in two major types: the "Large Date" and the "Small Date." The Small Date version, which was produced in a lower quantity, is generally more sought after.

How much is a 1982 Small Date penny worth?

The value of a 1982 Small Date penny can range from $0.50 to $5.00, depending on its condition. Coins in high grades or with specific errors can fetch higher prices.

What makes the 1982 penny notable in coin collecting?

The 1982 penny is notable for its transition from the heavier bronze composition to a lighter zinc composition, which happened partway through the year.

How can I tell if my 1982 penny is a Large Date or Small Date?

The Small Date has a narrower, more compact appearance, with the numbers closer together. The Large Date features numbers that are wider and more spaced apart.

What is the value of a 1982-D penny?

A 1982-D penny typically ranges from $0.01 to $0.10, similar to the non-minted varieties. However, the 1982-D Small Date variety can be worth more, particularly in higher grades.

Are there any rare errors on 1982 pennies?

Yes, there are a few rare errors, such as doubled dies or off-center strikes. These can significantly increase the value of a 1982 penny if properly authenticated.

How many 1982 pennies were minted?

Approximately 7 billion 1982 pennies were minted, with roughly half of these being Small Date varieties. This large mintage makes the coin relatively common.

What is the historical significance of the 1982 penny?

The 1982 penny is significant because it marks the transition from bronze to copper-plated zinc, a change made to reduce production costs and adapt to rising metal prices.

How should I store my 1982 pennies for preservation?

To preserve the condition of your 1982 pennies, store them in a cool, dry place, preferably in a coin holder or protective plastic sleeve to avoid tarnishing and physical damage.

 

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