Affluent Savvy
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1982 was a big year for the Lincoln cent. After years of experimenting with cheaper alternatives to the 95% copper alloy used to make pennies, the US Mint changed to a zinc coin with an extremely thin coating of copper.
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Learn More »1982 was a big year for the Lincoln cent. After years of experimenting with cheaper alternatives to the 95% copper alloy used to make pennies, the US Mint changed to a zinc coin with an extremely thin coating of copper. To make things even more interesting for coin collectors, the Mint introduced a modified obverse design halfway through the year. Among other things, they made the date smaller. This resulted in seven different versions of the 1982 Lincoln penny, not counting the proof bronze 1982-S cent from the San Francisco Mint.
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Learn More »High copper prices in the 1970s meant that the copper content in a Lincoln cent was worth more than one cent. One early replacement plan was to make pennies from aluminum. This idea made it all the way to Congress. The Mint was so sure that they would get approval for the change that they struck a million and a half 1974 aluminum Lincoln cents. Unfortunately, an alliance of copper and vending machine lobbyists sank the plan. Copper prices fell during the late 1970s as the world reeled from a recession caused by the Arab Oil Embargo. But by 1980 prices were high enough to force the Mint to once again search for alternative materials for the cent. They settled on a zinc coin with a thin copper cladding. Although the zinc core, copper-clad cents had the same size and appearance as the copper coins, they were notably lighter: 2.5 grams compared to the 3.11 grams of the old coin.
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Learn More »It may be difficult to distinguish a Large Date 1982 penny from a Small Date one if you don’t have two to compare side-by-side. Yet there are some visible differences.
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