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Everyday pocket change often goes unnoticed, but some coins carry hidden value that can shock even experienced collectors. One such example is the 1983 Lincoln Cent with a rare mint error that makes it worth far more than its face value. If you’re not checking your spare change, you might be missing out on a potential windfall.
Why the 1983 Lincoln Cent Stands Out
In 1983, the U.S. Mint was still adjusting to changes in coin composition. Just a year earlier, pennies switched from mostly copper to a zinc core with a thin copper coating. During this transitional period, a small number of 1983 pennies were mistakenly struck on older copper planchets left over from 1982.
These rare copper 1983 cents look identical to regular coins at first glance, but their weight is different. A normal 1983 penny weighs about 2.5 grams, while the rare copper version weighs around 3.1 grams. That difference is enough to make collectors pay thousands of dollars for one.
Found by Accident
Many of the known 1983 copper pennies were discovered by accident. People sorting through penny rolls or examining old jars of change have stumbled upon them without knowing what they had. In one case, a man in Minnesota found one in his spare change and sold it for over $15,000 after it was authenticated.
These are not coins reserved for elite collectors or auctions. They are out there in the real world, waiting to be found.
How to Check Your 1983 Penny
If you come across a 1983 penny, here is how to check if it might be the valuable copper version:
- Use a digital scale that can measure in grams.
- Weigh the coin. If it’s around 3.1 grams, you may have something special.
- For extra confidence, use a magnet. Copper is not magnetic, but neither is zinc, so this won’t confirm the coin, but it helps rule out steel cents from other years.
- Consider getting the coin authenticated by a professional grading service like PCGS or NGC.
Not the Only Valuable Penny
The 1983 copper penny is not the only coin that could be worth more than you think. Other valuable Lincoln cents include the 1943 bronze penny, the 1955 doubled die, and the 1969-S doubled die. These coins all share one thing in common: they were mistakes that made it into public circulation.
Collectors prize these errors because they are rare, often dramatic, and tell a unique story about U.S. minting history.
What It’s Worth Today
As of 2025, verified 1983 copper pennies have sold at auction for between $10,000 and $23,000 depending on condition and demand. If a coin is graded highly, its value can go even higher.
Keep in mind that finding one does not guarantee a sale at top dollar. The condition of the coin, market trends, and proper verification all play a role in the final price.
Final Thoughts
Old pennies are more than just pocket change. Some carry hidden value that can turn a small discovery into a life-changing moment. The 1983 copper penny is a perfect example of why it pays to stay curious and check your coins before spending them.
It only takes a few minutes, a simple scale, and a little attention to detail. Who knows? Your next coin jar find might be worth thousands.
Frequently Asked Questions
What makes the 1983 penny valuable?
A small number were accidentally struck on copper planchets instead of zinc, making them rare.
How can I tell if I have a rare 1983 penny?
Weigh it. A normal penny from that year weighs 2.5 grams. The rare copper version weighs about 3.1 grams.
Where can I sell a rare penny?
You can sell through coin dealers, auction houses, or online platforms after getting it graded.
Is it legal to sell rare coins like this?
Yes, as long as they are authentic U.S. currency and not altered or counterfeit.