Quick Answer: How Much Is A 1983 Error Penny Worth?

What year pennies are valuable?

Lincoln pennies that were minted between 1959 and 1982 tend to be worth more since they are almost 100 percent copper, rather than an alloy..

How do I know if my 1983 penny is copper?

If your Lincoln Memorial penny has a date before 1982, it is made of 95% copper. If the date is 1983 or later, it is made of 97.5% zinc and plated with a thin copper coating.

How much is a 1982 D copper penny worth?

USA Coin Book Estimated Value of 1982-D Lincoln Memorial Penny (Copper – Large Date Variety) is Worth $0.32 or more in Uncirculated (MS+) Mint Condition.

Why is a 1982 D penny rare?

Newly found 1982-D Small date copper cent. 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. … But it didn’t end there.

How much is a 1982 D small date penny worth?

USA Coin Book Estimated Value of 1982-D Lincoln Memorial Penny (Zinc – Small Date Variety) is Worth $0.32 or more in Uncirculated (MS+) Mint Condition.

How much is a error penny worth?

Most Valuable Lincoln CentsYearErrorValue1943 Copper Lincoln Wheat Penny—$45,0001969-S Lincoln Memorial PennyDoubled Die Obverse$10,0001922 No D Plain Lincoln Wheat PennyNo Visible Mint Mark$2,0501955 Lincoln Wheat PennyDoubled Die Obverse$1,9008 more rows•Oct 21, 2019

Are pennies made before 1982 worth more?

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. So a penny produced before 1982 is worth 2.2 cents based on the metal it contains.

Are pre 1982 pennies worth saving?

1. You want to focus on hoarding pre-1982 U.S. pennies, which contain 95% copper content, making the coin at least twice as valuable as its 1 cent face value. (Post-1982 pennies are not worth collecting, as they contain only 2.5% copper content — the rest is zinc.)

What makes a 1964 penny valuable?

Most worn 1964 pennies are worth the value of their copper content — or about 2 cents. … 1964-D penny (Denver) – 3,799,071,500 (about 3.8 billion) minted; 10 to 25+ cents. 1964 proof penny – 3,950,762 minted; $1+ 1964 SMS penny (special mint set) – approximately 30 estimated to be minted; $5,000+

Are wheat pennies worth collecting?

All Wheat Pennies are worth more than their face value of . 01 cent. A good rule of thumb is that they are worth at least 3 or 4 cents even in poor condition, but those in good condition (not including special years) are worth at least double digit dollars ($10 or more) when purchased or sold in MS-63 condition.

How can you tell if a penny is double die?

Many people mistake double struck coins for doubled die coins. The key difference is that double struck coins are struck more than once while the coin is in the coining chamber of the coining press. When this happens, the first impression is flattened, or sometimes obliterated by the second strike.

What is the most expensive penny in the world?

Lincoln pennyThe most expensive penny that has ever been sold at auction is a 1943-D Lincoln penny that had been struck on a bronze planchet. The penny was in uncirculated condition. It was sold in a private sale in September of 2010 and it went for an unbelievable price of $1,700,000 through Legend Numismatics.

What makes a 1983 penny valuable?

Our story begins in 1982, when the alloy of the cents was changed from 95% copper to approximately 95% zinc. All cents minted subsequently to the change contained approximately 95% zinc. … This is because 1983 copper Lincoln Cents can be worth thousands of dollars each, even in circulated condition.

How do I know if my 1983 penny is double die?

Value of 1983 Double Die Reverse Lincoln Memorial Cent The double die should be strong on all letters on the reverse of the coin. Particularly, look for it to appear on the “E Pluribus Unum.” Almost all coins will be found with raised finishing lines, but that should bot affect the price.

How much is 1982 penny worth?

“The Philly small-date zinc cents bring the most money – they’re the toughest, and I’d pay $30 per (50-coin) roll for those in uncirculated. The copper small-date cents are also tough, but they’re not worth as much.” He says rolls of all the other 1982 cent varieties are worth $2-4 in uncirculated grades.

What penny is worth $50000?

Lincoln Memorial Pennies Valued From 1 Cent To $50,000 And Up.