Quick Answer: Are Pre 1982 Pennies Worth Saving?

Should you keep pre 1982 pennies?

You should keep all pre-1982 pennies.

If you can distinguish between 1982 brass and zinc pennies, keep the brass ones.

All wheat pennies are worth keeping.

Keep all pennies (even recent ones) that appear to have something “off” about them — they may be error or die variety coins..

What can I do with pre 1982 pennies?

A pre-1982 penny has about 2 cents worth of copper in it. Some people hoard them, betting that the U.S. will kill the penny and then it will be legal to melt them down and they can make a killing.

What is the difference between pre 1982 penny and a post 1982 penny?

Pre-1982 pennies contain a much greater percentage of copper. Post-1982 pennies are mostly zinc.

What makes a 1982 penny valuable?

The most valuable 1982 penny is a transitional error caused by the move from 95% copper to 99.2% zinc composition. It’s the 1982-D “small date” Lincoln Memorial cent made from copper. There wasn’t supposed to be any “small date” bronze Lincoln cents struck in Denver in 1982.

How can you tell if a 1982 penny is different?

There are many other ways to tell the two metallic varieties apart though, including weighing 1982 pennies. “The best scale to use for weighing your 1982 cents is one that measures down to at least the tenth of a gram,” he says; brass 1982 cents weigh 3.11 grams whereas the zinc cents come in at just 2.5 grams.

What is the value of a 1960 small date penny?

USA Coin Book Estimated Value of 1960 Lincoln Memorial Penny (Small Date Variety) is Worth $3.14 to $7.50 or more in Uncirculated (MS+) Mint Condition. Proof coins can be worth $23 or more.

How much is a 1960 penny worth in 2020?

In the 1965 edition of the Red Book, published the previous year, the 1960 Small Date Proof was listed at a whopping $45. In the 2020 edition, prices range from $3 to $22, depending on numeric grade. Adjusting for 50+ years of inflation, that’s a mighty fall indeed.

How much is a 1960 D small date penny worth?

USA Coin Book Estimated Value of 1960-D Lincoln Memorial Penny (Small Date Variety) is Worth $0.21 to $0.32 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins.

What year pennies are worth keeping?

Lincoln pennies that were minted between 1959 and 1982 tend to be worth more since they are almost 100 percent copper, rather than an alloy. Improperly prepared dies can result in coins with a “double” image.

Should I save my wheat pennies?

All Wheat Pennies are worth more than their face value of . 01 cent. A good rule of thumb is that they are worth at least 3 or 4 cents even in poor condition, but those in good condition (not including special years) are worth at least double digit dollars ($10 or more) when purchased or sold in MS-63 condition.

What is a 1982 small date penny worth?

Copper Alloy Penny Depicted above is the 95% copper composite 1982 Small Date Lincoln Memorial Cent (Penny). USA Coin Book Estimated Value of 1982 Lincoln Memorial Penny (Copper – Small Date Variety) is Worth $0.53 or more in Uncirculated (MS+) Mint Condition.

How much is a 1982 d penny worth?

CoinTrackers.com has estimated the 1982 D Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $6. (see details)…

How can you tell if you have a 1982 penny?

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.

Are pennies from the 1960s worth anything?

1960 pennies are made from a 95% copper composition. They contain approximately 2 cents’ worth of the valuable metal. That means all 1960 pennies are worth at least 2 cents — more or less. While it’s illegal to melt pennies for their copper value, coin hoarders still save old copper pennies anyway.