1982 Small Date Copper Penny Fetches Over $10,000 – A Must-Have for Coin Collectors

Among rare U.S. coins, the 1982 Small Date Copper Penny stands out as one of the most coveted finds in the world of numismatics. Due to its rarity and historical significance, it’s a coin that many collectors dream of adding to their collection. In some cases, these pennies have been known to sell for over $10,000 at auctions. This article explores the unique features that make the 1982 Small Date Copper Penny so special, how to identify it, and why it remains a prized collector’s item.

A Quick Look at the 1982 Small Date Copper Penny

Feature	Details
Year of Minting	1982
Material Composition	95% Copper, 5% Zinc
Significance	Transition from copper to zinc pennies
Error Type	Small Date design struck on copper planchets
Weight	3.11 grams (compared to 2.5 grams for zinc pennies)
Estimated Value	$300 to $10,000+, depending on condition

The 1982 Penny Transition: A Milestone in U.S. Minting

The 1982 U.S. penny marks a pivotal moment in coin production history. Due to rising copper prices, the U.S. Mint transitioned from using 95% copper to a cheaper zinc core with a thin copper coating. This transition resulted in a year when both copper and zinc pennies were minted, creating a series of distinct varieties, including eight based on design and material.

Among these varieties, the 1982 Small Date Copper Penny stands out as an accidental rarity. Intended for the new zinc planchets, the Small Date design was mistakenly struck on copper planchets, creating a coin that is highly sought after. This rare combination of a minting error and historical context makes the 1982 Small Date Copper Penny a unique and valuable piece.

Why Is the 1982 Small Date Copper Penny So Valuable?

1. Extreme Rarity The 1982 Small Date Copper Penny is an extremely rare find. While most pennies from 1982 featuring the Small Date were struck on zinc planchets, a small number were accidentally minted on copper planchets. This error makes the coin a valuable collectible.
2. A Symbolic Transitional Coin The 1982 penny represents a significant shift in U.S. coinage, marking the end of the copper era for pennies and the start of zinc-based coins. As a result, this coin holds great historical importance, making it even more desirable to collectors.
3. Appeal of Mint Errors Mint errors have long been a fascination for coin enthusiasts, as they offer a rare glimpse into the complexities of coin production. The 1982 Small Date Copper Penny is a prime example of such an error, adding to its mystique and value.
4. Condition Matters The condition of a coin is a crucial factor in determining its value. Coins in pristine, uncirculated condition can fetch significantly higher prices. For the 1982 Small Date Copper Penny, those graded MS65 or higher are particularly valuable, with some examples selling for tens of thousands of dollars.

Identifying the 1982 Small Date Copper Penny

To identify whether you have a 1982 Small Date Copper Penny, look for these key features:

1. Small Date Design The Small Date variety has numerals that are compact and closely spaced. The “8” is rounder, and the “2” is more narrow compared to the Large Date design.
2. Weigh the Coin A copper penny weighs 3.11 grams, while a zinc penny weighs only 2.5 grams. A precise weight measurement can help you determine if the penny is copper.
3. Examine the Coin’s Color Copper pennies have a reddish-brown hue, whereas zinc pennies are typically duller or more silvery in appearance.
4. Look for a Mint Mark A “D” mint mark indicates the penny was minted in Denver. Though the Small Date Copper Penny is rare regardless of mint location, the mint mark can provide additional context.
5. Get Professional Authentication If you suspect your coin is a 1982 Small Date Copper Penny, it’s wise to have it authenticated by a reputable grading service such as PCGS or NGC. This not only verifies its authenticity but also provides a grade that will enhance its value.

How Much Is the 1982 Small Date Copper Penny Worth?

The value of a 1982 Small Date Copper Penny can vary depending on its condition:

• Circulated Condition: Even with wear, these pennies can sell for between $300 and $1,000.
• Uncirculated Condition: Well-preserved examples can be worth $10,000 or more.
• High-Grade Coins: Coins graded MS65 or above have sold for record prices, with some fetching over $18,000.

Where to Buy or Sell a 1982 Small Date Copper Penny

If you’re looking to buy or sell a 1982 Small Date Copper Penny, here are some great options:

1. Online Auctions Websites like eBay and Heritage Auctions are popular platforms for buying and selling rare coins. Ensure your listing includes high-quality photos and detailed descriptions to attract serious collectors.
2. Trusted Coin Dealers Reputable dealers can offer appraisals and assist with selling or buying coins. Be sure to research the dealer’s reputation before conducting transactions.
3. Coin Shows and Conventions Coin shows and conventions provide an excellent opportunity to buy, sell, and learn more about rare coins. They are also great places to network with other collectors and dealers.
4. Specialized Auctions Numismatic auction houses are another great option for selling rare coins. These auctions often attract serious collectors willing to pay premium prices for exceptional items like the 1982 Small Date Copper Penny.

FAQs About the 1982 Small Date Copper Penny

How much is the 1982 Small Date Copper Penny worth?
The coin can range from $300 for circulated examples to over $10,000 for uncirculated versions, with high-grade coins exceeding $18,000.