Why is a 1983 D penny worth so much?

Huge volumes of Lincoln pennies were struck in 1983 in Philadelphia. So circulated coins are generally not worth more than their face value. The exception to that is error coins. Even brown circulated, double die reverse coins graded VF20 (very fine) fetch $20.

Are all 1983-D pennies valuable?

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 makes the 1983 penny valuable?

According to CNBC's Make It, the US made 7.7 billion pennies in 1983, but only about 5,000 are known to have this doubling error — making them valuable to those who find one in their possession.

How can you tell if a 1983-D 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. For pennies dated 1982, when both copper and zinc cents were made, and best way to determine their composition is to weigh them.

How much is a 1983-D penny worth today?

USA Coin Book Estimated Value of 1983-D Lincoln Memorial Penny is Worth $0.33 or more in Uncirculated (MS+) Mint Condition.

YOU NEED TO WEIGH EVERY 1983 PENNY AND LOOK FOR THIS RARE PENNY WORTH MONEY!!

What is the 1983 error penny?

1983 (P) Double Die Obverse

There are also 1983 pennies with a double die error on the obverse. The doubling here is visible on the word “Liberty”, the phrase “In God we trust”, and the date.

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 year is the million dollar penny?

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.

How much does the rare 1983 D penny weigh?

1983-D Lincoln Cent--Struck on a Bronze Planchet--AU-55 (PCGS). 3.10 grams.

What year is the rarest penny?

A penny from 1909 was the star of the show. It is, in fact, considered one of the rarest and most highly valued pennies in existence, made to celebrate the centennial of Abraham Lincoln's birth and inscribed with the initials of its designer, Victor D. Brenner. It sold for $365,000.

What is the most valuable D penny?

The 1914-D Lincoln Wheat penny is another key date in the series, and is the most valuable non-error penny. With a mintage of 1,193,000 it has one of the lowest mintages in the Wheat Cent series. It can be difficult to find uncirculated coins as they are much more rare.

What are rare pennies to look for?

Why is a 1982 D penny rare?

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.

How many 1983 copper pennies are there?

Especially, since the U.S Mint struck over 14 billion 1983 Lincoln Cent for circulation at the Philadelphia and Denver Mint combined. Few variety or error coins from the Memorial Cent series have caught the attention of non-collectors or even the media's.

How much is a 1982 D large date copper penny worth?

1982 “D” Penny

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.

How much should a 1983 copper penny weigh?

In 1983 the composition of pennies in the United States was changed due, in part, to the rising cost of copper. Pennies minted after 1983 weigh 2.50 grams while the earlier copper pennies, from 1865 through 1982, weigh 3.11 grams.

Are 1983 coins rare?

The mintage for the 1983 coin is the highest of all the round pound coins: 443,000,000. Not surprisingly, this is considered a very common coin.

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.

Which 1980s pennies are valuable?

Look for evidence of doubling on all the digits of the date, especially the “1” and the “8”, and the letters of “Liberty”. And you don't need the coin to be red, or in mint condition, for it to be worth much more than its face value. A 1980 brown double die obverse cent in even the lowest grades will be worth $3 or $4.

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.