search
Homeweb3.0How to Spot Rare 1982-83 Pennies That Are Worth Thousands of Dollars

Sometimes pennies have much more to offer than just their face value. Rare coins often go for thousands of dollars at auctions where collectors are willing to pay big.

How to Spot Rare 1982-83 Pennies That Are Worth Thousands of Dollars

Some pennies are worth keeping an eye out for, especially if you're a collector. While most coins aren't worth a lot, some anomalies could be quite valuable. For instance, some 1982-83 pennies have sold for thousands of dollars at auctions.

TikTok creator and coin expert Wheats to Shields (@wheatstoshields) recently went viral for sharing a coin that sold for over $20,000. The creator shared details and the correct method for spotting such valuable coins.

What makes these pennies so valuable?

The early 1980s were a special period for the United States Mint. In 1983, the mint transitioned from making pennies with a copper core to a zinc core with copper plating to cut costs, per the Professional Coin Grading Service (PCGS).

While most such pennies aren't worth a lot, some anomalies are worth taking a look at. As per PCGS, some pennies were accidentally minted as completely copper. These are the versions that are exceedingly rare and valuable, selling for upwards of $20,000 at some auctions, as per another video from Wheats to Shields.

Here's How to Spot them

In the video, the creator explains the details of the pennies responding to the numerous questions she had received. She says that the most important thing when it comes to spotting valuable coins is getting their weight right. 

She explains that the normal coins of the 1983 period weigh in at about 2.5 to 2.7 grams. Meanwhile, the valuable copper coins weigh in at over 3 grams, which is the main differentiator. 

She says people who are looking to get into coins or have just come across a coin from that period should use a weighing scale to see if their coins are valuable. She says weigh scales can be bought from Amazon for a few dollars.

However, she cautions that people should use scales that show the reading in both grams and ounces. She says if the scale only shows the reading in grams, it can get collectors in trouble. This is because such scales automatically round up or round down the number, giving false readings. 

"I don't want you to have a heart attack," she says in the video. "Do not use scales that give readings only in gram!" the creator repeatedly cautions at the end of the video. 

Are these pennies worth it?

According to a previous valuation from the PCGS, people who find a 1983 penny that weighs over 3 grams on the right scale, may be sitting on a pile of cash.

A 2023 listing on the PCGS website shows a 1983 copper penny sold for $1,140 at auction. While it is considerably less than the creator's claim, compounded minting errors could make coins all the more valuable. 

One such anomaly led to the creation of the "1982-D Small Date Copper Alloy Lincoln Cent", which sold for a whopping $18,800 in 2016, according to Numismatic News. Thus, taking the creator's advice and checking pennies from the era may be worth it. 

For more updates, coin tips, and such information, follow Wheats to Shields (@wheatstoshields) on TikTok.

This article originally appeared 1 month ago.

The above is the detailed content of How to Spot Rare 1982-83 Pennies That Are Worth Thousands of Dollars. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Will Dogecoin Ever Hit $1? Here's What the Chart SaysWill Dogecoin Ever Hit $1? Here's What the Chart SaysAug 12, 2024 am 04:23 AM

In typical fashion, it has been an extremely volatile year for Dogecoin (DOGE 2.31%). While the cryptocurrency market overall has gained 20% in value

Pepeto: The God of Frogs Emerges as a Top Contender in the Memecoin Space for 2025Pepeto: The God of Frogs Emerges as a Top Contender in the Memecoin Space for 2025Nov 01, 2024 am 12:54 AM

Combining ancient knowledge with the latest in crypto tech, Pepeto promises high value with upcoming exchange listings, smooth swap technology, and attractive staking rewards, set to reshape the memecoin market.

The 1975 San Fransisco Dime: A Numismatic RarityThe 1975 San Fransisco Dime: A Numismatic RaritySep 09, 2024 am 03:43 AM

In 1975, the San Fransisco Mint issued a set of proof coins, six of which were sold for $7. A few years later, when it was reported that two of the dimes included in those proofs were missing the S to represent that they were minted in San Fransisco,

Dash (DASH) Price Prediction 2022: Will DASH Retest the $20 Support Zone?Dash (DASH) Price Prediction 2022: Will DASH Retest the $20 Support Zone?Sep 06, 2024 am 09:12 AM

Over the past two months, Dash [DASH] has traded within a range. It had a 24-hour trading volume of $36 million

The one-cent Lincoln coin that can be worth up to 3 thousand dollarsThe one-cent Lincoln coin that can be worth up to 3 thousand dollarsOct 17, 2024 am 04:14 AM

In 1909, the San Francisco Mint issued a new cent coin paying homage to Abraham Lincoln designed by Victor David Brenner

Raboo ($RABT) Dubbed the Best Crypto to Buy Now as the Final Quarter of 2024 Kicks OffRaboo ($RABT) Dubbed the Best Crypto to Buy Now as the Final Quarter of 2024 Kicks OffOct 19, 2024 pm 03:42 PM

Shiba Inu (SHIB) made the headlines after entering October on a high note. The Shiba Inu price went on a 40% tear in the final two weeks of September

The King Charles III Atlantic Salmon 50p: the nation's most collectable coinThe King Charles III Atlantic Salmon 50p: the nation's most collectable coinNov 20, 2024 am 03:38 AM

The 50 pence piece has become the most valued and collected coin in the UK, with many collectable designs appearing on its heptagonal canvas.

How to Spot Rare 1982-83 Pennies That Are Worth Thousands of DollarsHow to Spot Rare 1982-83 Pennies That Are Worth Thousands of DollarsOct 07, 2024 pm 04:06 PM

Sometimes pennies have much more to offer than just their face value. Rare coins often go for thousands of dollars at auctions where collectors are willing to pay big.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
2 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
Repo: How To Revive Teammates
4 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
Hello Kitty Island Adventure: How To Get Giant Seeds
4 weeks agoBy尊渡假赌尊渡假赌尊渡假赌

Hot Tools

EditPlus Chinese cracked version

EditPlus Chinese cracked version

Small size, syntax highlighting, does not support code prompt function

Dreamweaver Mac version

Dreamweaver Mac version

Visual web development tools

ZendStudio 13.5.1 Mac

ZendStudio 13.5.1 Mac

Powerful PHP integrated development environment

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

mPDF

mPDF

mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),