What is a 1982 Penny Worth? Aspects of Pricing Explained

What is a 1982 Penny Worth? Aspects of Pricing Explained

Pennies represent one of the most popular and widespread units of currency in the US, and no wonder collectors arrange coin hunts in search of this particular kind. 1982 was a special year in American coinage history, particularly because of a smooth transition from copper to a copper-plated zinc composition. Did this affect the penny 1982 D value, though? How much is a 1982-D small date penny worth?

Pennies represent one of the most popular and widespread units of currency in the US, and no wonder collectors arrange coin hunts in search of this particular kind. 1982 was a special year in American coinage history, particularly because of a smooth transition from copper to a copper-plated zinc composition. Did this affect the penny 1982 D value, though? How much is a 1982-D small date penny worth? 

In this material, we would like to explore the peculiarities of this numismatic instance (1982 penny with no mint mark included), analyze its minting variations, and finally identify the coin’s true value as of today. Let us keep up with the relevant coin news together. 

A picture of a 1982 penny, featuring the obverse side with Abraham Lincoln’s profile and inscriptions such as “LIBERTY” and the year “1982”

Prompt Extract from the History of the 1982 Penny

1982 was a defining period, as it managed to set new rules and guidelines in terms of coin production and mintage. Prior to 1982, copper, which became more expensive as metal prices increased, was the main component used for producing pennies in the US. Local mints were consequently compelled to find a less expensive material for its 1982 penny worth money manufacturing. 

Yet, this is how the penny's composition changed from 95% copper and 5% zinc to a copper-plated zinc alloy with  2.5% copper and 97.5% zinc. That year, the Mint also produced two kinds of pennies at the same time, i.e., one with the new zinc core and one made mostly of copper just like before the composition change. Despite their similar appearance, minor differences in weight and composition make it apparent which version of the coin it is. 

Unique Features and Characteristics of the 1982 Penny

The appearance of the 1982 penny is distinct and unique, which is why it is crucial to stay aware of its major characteristics and be ready to detect this particular kind on the spot. So, what does the 1982 penny look like? 


1982 Penny Coin

Year

1982

Designers

Victor David Brenner (the obverse side) and Frank Gasparro (the reverse side)

Obverse Design 

Since its debut in 1909, the penny's obverse side has featured the recognizable portrait of President Abraham Lincoln depicted in profile, with the year "1982" to the right of his face, the words "LIBERTY" to the left, and the motto “IN GOD WE TRUST” up above. 

Reverse Design

On its part, the 1982 penny's reverse side displays the Lincoln Memorial and the inscriptions "E PLURIBUS UNUM," "UNITED STATES OF AMERICA" and "ONE CENT." Even though the coin's composition changed during 1982, the reverse design stayed the same for all 1982 pennies anyway.

Composition

Either copper-based (95% copper and 5% zinc) or zinc-based (97.5% zinc and 2.5% copper)

Weight

3.11 grams for the copper-based version and 2.5 grams for the version made of zinc

Diameter

19.05 millimeters 

Edge

Smooth 

Mintmarks 

“D” for Denver, “S” for San Francisco (proof versions), and no mintmark for Philadelphia

Obviously enough, the coins produced in 1982 were not different from those manufactured before (the exception is its composition). Nevertheless, the sense of exclusivity and uniqueness played a vital role in shaping the 1982 zinc penny value and its demand. 

Minting Variations of the 1982 Penny

As a rule, numismatists find the 1982 penny to be both complex and fascinating thanks to the presence of numerous variations and modifications within the same coin type simultaneously. All in all, the main minting variations might be categorized into a few independent groups:

  1. Composition Variations

As we have covered before, the 1982 coin market dazzled with copper pennies weighing 3.11 grams and having been made of 95% copper and 5% zinc, and zinc pennies weighing 2.5 grams and consisting of 97.5% zinc with 2.5% copper plating.

  1. Small Date Varieties and 1982 Penny Large Date No Mint Mark

The issue of the 1982 small date copper penny value is still an unresolved mystery, for the positioning of the large date numbers with no mint mark was broader and more spaced, especially in the "2" in "1982." In the small date case, any symbol located on the coin looks more compact and slim, which makes the 1982 small date penny value a more desirable object for anyone concerned. 

A picture comparing two 1982 pennies: one made of 95% copper and 5% zinc, and the other consisting of 97.5% zinc with 2.5% copper
  1. Mintmark Variations

Since 1982, pennies have been struck at three different mint locations, each variety was unique and mint-specific. Those instances produced by the Philadelphia Mint had no mint mark at all (hence, in 1982 no mint mark penny value was higher than usual). Denver Mint, in its turn, manufactured the highest number of pennies. Lastly, the pennies released by the San Francisco Mint were somewhat rare and primarily intended for collectors.

  1. Error Coins 

Some 1982 pennies have errors, like any huge production run, which can greatly raise their value at last. Among the noteworthy mistakes that may boost the 1982 small date penny worth are double dies (i.e., the illusion of two strikes, especially in the date or letters), off-center strikes, and cud errors.

Are 1982 Pennies Worth Anything? 

Yes, for sure, 1982 pennies can be worth more than their face value, especially when it comes to uncommon versions, erroneous appearances, and different compositions. How much is a 1982 D penny worth then? This is quite obvious that the pricing is never consistent, and some instances may fetch even higher prices than the rest. 

Type

Circulated Condition Value

Uncirculated Condition Value

1982 Copper Large Date

$0.02–$0.05

$1–$5

1982 Copper Small Date

$0.10–$0.25

$10–$50+

1982 Zinc Large Date

Face value

$1–$3

1982 Zinc Small Date

Face value

$2–$5

1982-D Copper Large Date

$0.02–$0.05

$1–$5

1982-D Zinc Large Date

Face value

$1–$3

1982-S Proof Copper (Large Date)

N/A

$3–$10

While the 1982 small date penny no mint mark value can be relatively low when compared to other instances of the coin, the 1982 error penny worth may range from $50 to several hundred dollars. And still, as we have mentioned before, the pricing tendencies can change depending on numerous independent factors equally.

Evaluating the Condition of Your 1982 Penny

So as to identify what 1982 penny is worth money in your collection, it is vital to understand the condition of your coin. The easiest way to detect unusual patterns and defects is to utilize tools like Coin ID Scanner and examine the surface of the coin with the use of built-in cameras and AI analyzers, too. As such, the app should attribute the coin with the grade as follows: 

  • Good (G): Heave wear, faint details, no extra value. 

  • Very Fine (VF): Moderate wear, clear details, a slightly higher value. 

  • Extremely Fine (EF/XF): Light wear, sharp details, even more desirable item to collect. 

  • Uncirculated (MS60-MS70): No wear, exceptional details, worthy and valuable.    

A screenshot from the Coin ID Scanner app that demonstrates the main numismatic features

For a more precise assessment, weighing your 1982 penny might be a good way to identify its composition, for zinc pennies weigh 2.5 grams, while copper coins weigh 3.11 grams. Additionally, use a loupe or magnifying glass in well-lit conditions to closely inspect important elements like Lincoln's hair and the Lincoln Memorial. Together with the Coin ID Scanner app, these might grant fine insights into the quality, 1982 D penny value, and conditions of the numismatic part.

Nevertheless, should you wish to determine an appropriate 1982 small date copper penny no mint mark value, opt for a complex approach that also appeals to the official numismatic authorities like PCGS or NGC. 


Sources: 

  1. https://www.pcgs.com/coinfacts/coin/1982-1c-bronze-small-date-rd/146020 

  2. https://www.lincolncentresource.com/smalldates/1982.html

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