In the realm of coin collecting, certain coins transcend their face value to become coveted treasures. The 1982-D Small Date penny is one such rarity, captivating collectors with its unique characteristics and significant market value.
This article delves into the details that make this penny a numismatic icon.
The 1982 Transition: A Pivotal Year for Pennies
The year 1982 marked a significant shift in U.S. coinage. Due to rising copper prices, the U.S. Mint transitioned from producing pennies composed of 95% copper to those made of 97.5% zinc with a thin copper plating.
This change led to the creation of seven different penny varieties that year, distinguished by their date size (large or small), mint mark, and metal composition.
The Rarity of the 1982-D Small Date Copper Penny
Among the 1982 penny varieties, the 1982-D Small Date copper penny stands out for its extreme rarity. This coin was not officially documented until 2016 when collector Paul Malone discovered the first known specimen.
Weighing approximately 3.08 grams, it was confirmed to be made of copper, contrary to the Denver Mint’s records, which indicated that all 1982-D Small Date pennies were struck on zinc planchets. To date, only two such coins have been authenticated, making them exceptionally rare.
Key Characteristics of the 1982-D Small Date Copper Penny
To identify this rare penny, collectors should look for the following features:
- Date Style: The “2” in “1982” has a curved base, and the “8” has two evenly sized loops, indicating a small date.
- Mint Mark: A “D” below the date signifies it was minted in Denver.
- Weight: Approximately 3.1 grams, confirming a copper composition.
These characteristics distinguish it from the more common 1982-D zinc pennies, which weigh about 2.5 grams.
Market Value and Auction Records
The rarity of the 1982-D Small Date copper penny has led to significant auction prices:
- First Discovery (2016): Sold for $18,800 at auction.
- Second Discovery: Fetched $10,800 in a subsequent sale.
These figures underscore the coin’s value among collectors and investors.
1982 Penny Varieties
| Variety | Composition | Mint Mark | Date Size | Weight (grams) | Approximate Value |
|---|---|---|---|---|---|
| 1982 Large Date | Copper | None | Large | 3.1 | $5 – $10 |
| 1982 Small Date | Copper | None | Small | 3.1 | $15 – $25 |
| 1982-D Large Date | Copper | D | Large | 3.1 | $5 – $10 |
| 1982-D Small Date | Copper | D | Small | 3.1 | Up to $18,800 |
| 1982 Large Date | Zinc | None | Large | 2.5 | $1 – $5 |
| 1982 Small Date | Zinc | None | Small | 2.5 | $1 – $5 |
| 1982-D Large Date | Zinc | D | Large | 2.5 | $1 – $5 |
| 1982-D Small Date | Zinc | D | Small | 2.5 | $1 – $5 |
The 1982-D Small Date copper penny exemplifies how minting anomalies can lead to the creation of exceptionally rare and valuable coins. Its discovery underscores the importance of meticulous examination and knowledge in the field of coin collecting.
For enthusiasts and collectors, this penny serves as a reminder that numismatic treasures can still be found, emphasizing the enduring allure of the hobby.
FAQs
How can I determine if my 1982-D penny is the rare Small Date copper variety?
Examine the date style for the small date characteristics and weigh the coin using a precise digital scale. A weight of approximately 3.1 grams indicates a copper composition.
Are there other valuable 1982 penny varieties?
Yes, the 1982 Small Date copper penny from the Philadelphia Mint is also rare and can command significant value, though not as high as the 1982-D variant.
What should I do if I believe I’ve found a 1982-D Small Date copper penny?
Consult a reputable coin dealer or professional grading service for authentication and appraisal to determine its value.