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.

What makes a 1982 penny valuable?

Which 1982 Penny Is Worth The Most? 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.

How do I know if my 1982 penny is valuable?

If it's a 1982 “D” copper penny with a big date, it costs at least 0.80 USD. You'll pay around 0.30 USD for the 1982 “D” zinc penny with a big date. The 1982 “D” zinc penny with a small date and an MS of at least 60 costs around 0.20 USD. Remember, the price is low because these coins are common.

Is there a rare 1982 penny?

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.

Which 1982 penny do I have?

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.).

1982 Copper Penny Worth $10 000!

Is a 1982 penny pure copper?

It is a well known fact that pennies minted from 1982 and back are made of 95% copper. These copper pennies are not rare at all.

How rare is a 1982 small date 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.

Which 1982 penny is worth more?

As well as Large D Coppers and Large and Small D Zinc Pennies. 1982 D Small Date Coppers are the most valuable 1982 Pennies issued.

What year penny is very rare?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

How many types of 1982 pennies are there?

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.

How do you clean a 1982 penny?

Copper oxide dissolves in a mixture of weak acid and table salt-and vinegar is an acid. You could also clean your pennies with salt and lemon juice or orange juice, because those juices are acids, too.

What pennies should I keep?

How do I know if my 1982 penny is bronze?

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".

How do you know if a penny is lucky?

Some people believe it's only good luck to pick up a penny if heads is showing. A penny with the tails side up should be turned over for another person to find. On the other hand, many people believe any penny you find is good luck. You may hear people repeat a common rhyme to this effect: “Find a penny, pick it up.

Is it worth keeping pre 1982 pennies?

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.

What is the best year for a 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.

Is it OK to clean old pennies?

This is never advised for the general public. There is no benefit to attempting to clean a collectible coin. Copper never re-tones to its original color and look anyway. Put down the polish before you destroy something historical and throw away a fortune.

How does Coca Cola clean a penny?

When the copper oxide (the pennies) and the phosphoric acid (the cola) get together in the bath, the acid reacts with the copper oxide on the pennies and dissolves it. That's why the pennies get shiny. What else could you put into the cola bath?

Is it OK to clean pennies?

According to coin experts, cleaning any potentially collectible coins might cause them to lose value. Using chemical cleaners or scrubbing the coins could leave scratches and marks that will be easy for a skilled appraiser to pick up on.

How much should a 1982 small date penny weigh?

According to the PCGS label it weighs 3.07 grams - close enough to be within a reasonable tolerance. Copper-alloy cents weigh 3.1 grams and the copper-plated zinc cents weigh 2.5 grams give or take a few tenths of a gram either way.

What year penny is worth $100000?

SUPER RARE $100,000 LINCOLN PENNY - MOST VALUABLE PENNIES FROM 1943. This is a super rare $100,000 Lincoln Penny and the most valuable pennies from 1943. We discus the 1943 Copper Penny and the 1943 Steel Penny worth money.

What penny is $1000000?

Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet. All 1943 Lincoln cents were supposed to be made of steel planchets coated with zinc. However, some bronze planchets left over from 1942 slipped into the production process.

What penny sold $1000000?

Here's a rare 1943 Lincoln penny: The coin was mistakenly struck in bronze rather than zinc-coated steel, one has just sold for $1 million. Do we have any coin collectors out there? Susan Adams and 14,327 others like this.