The Small Date 1982 penny is one of the most sought-after coins among collectors, due to its unique characteristics and historical significance. In this comprehensive guide, we will explore everything you need to know about this fascinating coin, from its origin to its value in today’s market. Whether you are a seasoned collector or just starting your journey into numismatics, understanding this special penny is essential. Join us as we delve into the details of the Small Date 1982 penny and uncover why it holds such a prominent place in the hearts of coin enthusiasts.
First, let’s take a moment to understand what distinguishes the Small Date 1982 penny from its counterpart, the Large Date. This difference is not just a matter of aesthetics; it also has implications for rarity and value. As we progress through this article, you will learn about the features that make the Small Date 1982 penny unique, as well as tips on how to identify and appraise it.
Lastly, we will discuss the market trends surrounding the Small Date 1982 penny, including its current value and factors that influence its pricing. With thorough research and expert insights, we aim to provide you with a well-rounded understanding of this iconic coin that has captured the attention of collectors and investors alike.
Table of Contents
- Biography of the Small Date 1982 Penny
- Key Features of the Small Date 1982 Penny
- Current Market Value
- Differences Between Small Date and Large Date
- How to Identify the Small Date 1982 Penny
- Collectibility and Demand
- Caring for Your Collection
- Conclusion
Biography of the Small Date 1982 Penny
The Small Date 1982 penny was minted during a transitional year for the United States penny, where two different designs were produced. The 1982 penny is particularly notable because it marks the transition from 95% copper to a composition of 97.5% zinc and 2.5% copper. This change was made to reduce production costs due to rising copper prices.
| Attribute | Details |
|---|---|
| Mint Year | 1982 |
| Type | Penny (One Cent) |
| Composition | 97.5% Zinc, 2.5% Copper (after 1982) |
| Diameter | 19.05 mm |
| Weight | 2.5 grams |
Key Features of the Small Date 1982 Penny
The Small Date 1982 penny is characterized by several distinct features that make it stand out:
- Design: The obverse features the iconic image of Abraham Lincoln, while the reverse shows a depiction of the Lincoln Memorial.
- Size: The penny has a diameter of 19.05 mm and weighs 2.5 grams.
- Mint Mark: The location of the mint mark indicates where the penny was produced; it can be found on the obverse side.
- Small Date vs. Large Date: The key distinguishing feature is the size of the date, with the Small Date appearing more compact.
Current Market Value
As of now, the market value of the Small Date 1982 penny varies based on its condition and demand. Here’s a quick overview:
- Uncirculated (MS-60): $1.00 - $3.00
- Mint State (MS-65): $10.00 - $30.00
- Proof Coins: $5.00 - $15.00
Prices can fluctuate based on market trends, so it is advisable to check recent sales and auctions for the most accurate assessments.
Differences Between Small Date and Large Date
Understanding the differences between the Small Date and Large Date 1982 pennies is crucial for collectors. Here are the primary distinctions:
Size of the Date
The most obvious difference is the size of the date. The Small Date has a more condensed appearance, while the Large Date features broader numerals.
Rarity
The Small Date 1982 penny is considered rarer than its Large Date counterpart, making it more desirable among collectors.
Market Trends
Due to its rarity and demand, the Small Date typically commands higher prices in the market compared to the Large Date.
How to Identify the Small Date 1982 Penny
Identifying a Small Date 1982 penny can be simple if you know what to look for:
- Inspect the date closely; the Small Date will appear more compressed.
- Check the mint mark location; it should be located near the bottom of the obverse.
- Examine the overall condition and luster, which can also influence value.
Collectibility and Demand
The Small Date 1982 penny has become a popular item among collectors. Factors contributing to its collectibility include:
- Historical Significance: As part of a transitional year for the U.S. penny, it carries historical weight.
- Rarity: The limited number of Small Date pennies in circulation enhances its desirability.
- Community Interest: The growing community of collectors increases the demand for this specific coin.
Caring for Your Collection
Proper care for your Small Date 1982 penny is essential to maintain its condition and value:
- Store coins in a cool, dry place, away from direct sunlight.
- Use coin holders or albums to prevent scratches and tarnishing.
- Avoid cleaning coins, as this can diminish their value.
Conclusion
In summary, the Small Date 1982 penny is a unique and valuable coin that offers both historical significance and collectible appeal. Understanding its features, market value, and care is essential for anyone involved in numismatics. If you have a Small Date 1982 penny or are considering adding one to your collection, now is the time to take action. Share your thoughts in the comments below, and don’t forget to explore our other articles for more fascinating insights into the world of coins!
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