What makes a 1983 penny valuable?

Most 1983 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition. The 1983 penny with no mint mark and the 1983 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

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 rare is a 1983 copper penny?

If So, Then You Might Have The Rare 1983 Copper Penny Worth $15,000! There's a rare 1983 copper penny (a 1983-D penny) worth $15,000 -- you could find one in your pocket change! Here's what to look for + Other rare copper pennies.

What's special about the 1983 D penny?

The 1983-D copper planchet cents are destined to remain quite rare as the change from the old tenor copper (also known as bronze or brass) planchets to the new 97.5% zinc and 2.5% copper planchets occurred in October of 1982 at the Denver Mint, at least two months before 1983-D cents were struck.

How much should a 1983 bronze penny weigh?

They are typically referred to as “bronze” by collectors, which was the traditional alloy of 95 percent copper and the balance zinc and tin used from 1909 through 1962. Both the bronze and brass planchets weigh 3.11 grams.

1983 PENNY SOLD FOR BIG MONEY - RARE PENNIES TO LOOK FOR IN POCKET CHANGE!!

What is the most sought after wheat penny?

Considered to be the most valuable of the non-error Wheat Pennies, the 1914 D Wheat Penny commands an asking price range from $281 to $4,268.

What's the difference between a bronze penny and a copper penny?

From 1857, the cent was 88 percent copper and 12 percent nickel, giving the coin a whitish appearance. The cent was again bronze (95 percent copper, and five percent tin and zinc) from 1864 to 1962, except: In 1943, the coin's composition was changed to zinc-coated steel.

How much is a 1983 Lincoln penny supposed to weigh?

Numismatic Guaranty Corporation of Sarasota, Fla., authenticated and graded a 1983-D Lincoln cent as being struck on a brass planchet of a composition of 98 percent copper and 2 percent zinc that weighs 3.0 grams.

How much is a 1983 copper penny weigh?

Since the new zinc alloy cents weigh approximately 2.5 grams, imagine Billy's excitement when one of these 1983 cents weighed in at 3.1 grams (the weight of a 95% copper cent)! Who knows who originally turned these rolls into the bank, but whoever did gave away the find of a lifetime!

What are the 15 most valuable pennies?

Are wheat leaf pennies worth anything?

Any wheat penny is worth at least 4 cents to most dealers. Given the popularity of collecting Lincoln Wheat cents, there will always be a demand for quality coins. Therefore, collect coins in the highest grade that you can afford.

What year copper penny is worth the most?

The Most Expensive Penny

The first 1943 copper cent was sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million.

How can I tell if I have a bronze penny?

The easiest way to determine whether or not your 1943 Cent has collectible value—to see if it is possibly bronze rather than steel—is simply to test it with a magnet. If the coin is magnetic, then it is, unfortunately, the common steel version and is not valuable in most cases.

How can you tell a bronze penny from a regular penny?

Try picking your coin up with a magnet. If your coin is attracted to the magnet, it is made of copper-plated steel (a fraud). If the magnet does not attract your coin, it may be made of bronze and you should have the coin authenticated to determine if it is the "real deal".

What penny is worth $1000000?

A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. Texas Rangers co-chairman Bob R.

What are the key dates for wheat pennies?

The key dates in the Lincoln Wheat Penny series include the 1909 S, 1909 S VDB, 1914 D, 1922 plain, and 1931 S. Furthermore, in 1982, the cent changed to its current composition of mostly zinc, due to the copper crisis.

How do I sell my wheat pennies?

A certified local coin shop is an excellent place to sell your coins. The best option is to find a reputable and trustworthy dealer who can estimate a penny's value. Most coin shops will offer you a fair deal, as they depend on customers' recommendations and satisfaction.

How much is a 1983 D error penny worth?

The 1983 penny without any mark has a value of about $0.01 in a circulated condition. If there is a “D” mark on the 1983 penny, it is worth about $0.30 in an uncirculated condition.

What was the last year pennies were all copper?

Pennies used to be made from 95% copper, at least until 1982. 1 Since 2000, the price of copper has risen dramatically, making the meltdown value of these pennies more than the face value of the coin.

How do I know if my coin is worth money?

What pennies to look for that are worth money?