Keyword Analysis & Research: are 1982 pennies worth anything

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Frequently Asked Questions

Are pennies older than 1982 made of just copper?

Starting in 1856, pennies were 88% copper, 12% nickle. Between 1864 and 1982, excepting 1943, pennies were 95% copper, with the balance being tin and/or zinc (the exact mix changed several times). 1943 saw zinc-clad steel used for pennies. Since about 1982 pennies have been copper-clad zinc, netting about 2.5% copper in the coin.

Is a Penny made before 1982 made of pure copper?

Pennies used to be made from 95% copper, at least until 1982. 1  Since 2000, the price of copper has risen dramatically, making the meltdown value of these pennies more than the face value of the coin. 2  Commodity prices continue to rise and fall with market changes, which affect the current metal value of the penny.

What are pennies made out of before 1982?

So for the past 30 years, pennies have been made with an alloy comprised of 97.5% zinc and 2.5% copper, but pennies minted before 1982 are 95% copper and 5% zinc. The price of copper has more than quadrupled over the past 10 years. So a penny produced before 1982 is worth 2.2 cents based on the metal it contains.

Are pre 1982 pennies worth saving?

USA Coin Book Estimated Value of 1982 Lincoln Memorial Penny (Copper - Large Date Variety) is Worth $0.37 or more in Uncirculated (MS+) Mint Condition. Are pre 1982 pennies worth saving? You want to focus on hoarding pre-1982 U.S. pennies, which contain 95% copper content, making the coin at least twice as valuable as its 1 cent face value.

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