In the realm of numismatics, certain coins captivate collectors due to their rarity and significant value. One such coin is the 1982 Small Date Copper Penny, a unique find that has fetched over $10,000 at auctions. This article delves into the history, distinguishing features, and valuation of this extraordinary penny.
The Transition of 1982 Pennies
In 1982, the U.S. Mint transitioned from producing pennies with a 95% copper composition to a zinc core with copper plating to reduce manufacturing costs. This shift resulted in multiple varieties of pennies that year, including:
- Large Date Copper
- Small Date Copper
- Large Date Zinc
- Small Date Zinc
The 1982-D Small Date Copper Penny stands out as an exceptional rarity among these varieties.
Discovery of the 1982-D Small Date Copper Penny
The first known 1982-D Small Date Copper Penny was discovered in 2016 by a collector in Minnesota. This coin was authenticated and later sold for $18,800 at a Stack’s Bowers auction in August 2017.
A second specimen surfaced shortly after and fetched $10,800 at a Heritage Auctions sale in April 2019. Both coins exhibited light wear and were found in circulation, underscoring their rarity and the possibility that more may exist undiscovered.
Identifying the 1982-D Small Date Copper Penny
To determine if you possess this valuable coin, consider the following steps:
- Mint Mark: Look for the “D” mint mark below the date, indicating it was minted in Denver.
- Date Style: The Small Date variety features a slender “8” and a “2” with a subtle curve. In contrast, the Large Date displays a more robust “8” and a “2” with a sharp right angle.
- Weight: Use a precise scale to weigh the penny. Copper pennies weigh approximately 3.11 grams, whereas zinc pennies weigh about 2.5 grams. A weight around 3.11 grams suggests a copper composition.
Value and Market Appeal
The rarity of the 1982-D Small Date Copper Penny significantly enhances its market value. Even in circulated conditions, these coins have commanded prices exceeding $10,000. Uncirculated specimens or those in exceptional condition could fetch higher premiums.
Collectors and investors are particularly drawn to this coin due to its unique origin and the intriguing circumstances of its minting.
Summary of 1982 Penny Varieties
Here’s a breakdown of the 1982 penny varieties and their general characteristics:
| Variety | Composition | Mint Mark | Date Style | Approx. Weight |
|---|---|---|---|---|
| 1982 Large Date Copper | Copper | None | Large | 3.11 grams |
| 1982 Small Date Copper | Copper | None | Small | 3.11 grams |
| 1982-D Large Date Copper | Copper | “D” | Large | 3.11 grams |
| 1982 Large Date Zinc | Zinc | None | Large | 2.5 grams |
| 1982 Small Date Zinc | Zinc | None | Small | 2.5 grams |
| 1982-D Large Date Zinc | Zinc | “D” | Large | 2.5 grams |
| 1982-D Small Date Zinc | Zinc | “D” | Small | 2.5 grams |
| 1982-S Copper Proof | Copper | “S” | Proof | 3.11 grams |
The 1982-D Small Date Copper Penny represents a remarkable chapter in U.S. coinage history. Its accidental creation during a transitional minting period has bestowed it with significant value and allure among collectors.
For numismatists and enthusiasts, discovering such a coin is akin to finding hidden treasure, underscoring the importance of closely examining even the most common denominations.
1. How can I identify a 1982-D Small Date Copper Penny?
Check for the “D” mint mark, observe the date style for the Small Date characteristics, and weigh the coin to confirm a weight of approximately 3.11 grams.
2. Why is the 1982-D Small Date Copper Penny so valuable?
Its rarity, due to the mint’s transition to zinc planchets in 1982, makes it a prized find among collectors.
3. Are there other valuable 1982 penny varieties?
While the 1982-D Small Date Copper Penny is the most notable, other 1982 varieties can hold value, especially in uncirculated conditions or with unique errors.
