It’s true — there’s a rare 1983 copper penny (specifically, a 1983-D penny) that’s worth $15,000. It’s a coin that many numismatic experts (those who study coins) still don’t fully understand — because it’s unlike any other copper penny the United States Mint has ever made. And there may be more out there just like it!
How much can I get for a 1983 penny?
The 1983 doubled die penny is worth thousands of times more than face value. Specifically: At least $15 to $20 in well-worn circulated grades. $250+ in uncirculated condition.
What makes a 1983 penny worth money?
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 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 do I know if my 1983 penny is worth money?
The 1983 doubled die penny is worth thousands of times more than face value. Specifically:
- At least $15 to $20 in well-worn circulated grades.
- $250+ in uncirculated condition.
How much is a 1983 no mint mark penny worth?
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. The 1983 S proof penny is worth around $3 in PR 65 condition.
What’s the value of a 1983 US penny?
The US minted the 1983 penny with no mint mark and also the 1983 D penny and 1983 S proof penny. The mint mark, when present, can be found on the obverse side of the coin below the date. 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.
Where is the mint mark on a Lincoln Memorial Penny?
The mint mark is located on the front of the coin, just below the date. The Mint also produced Lincoln pennies for a short time at the West Point Mint, but mint marks were not used for these coins, and hence they are indistinguishable from the Philadelphia coins. Lincoln Memorial Penny Average Prices and Values
What does it mean when there is no mint mark on a penny?
If the date of a US coin is written without a mintmark, it means that the coin has no mintmark and was (usually) minted in Philadelphia. Also to know is, are pennies without a mint mark valuable?
Where does the P mint mark go on a five cent coin?
This changed in 1942. When nickel was removed from five-cent coins during World War II, the “P” mint mark first appeared on coins produced in Philadelphia. The mark’s position also moved from the right of Monticello to above the dome to indicate the new metal composition.
