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Posted - 04/05/2007 : 19:14:33
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Are 1982 pennies 'sleepers' as far as collector's value is concerned?
When you think about it, how often in the U.S. Mint's history have they changed the metal content of their coins in the middle of a year?
Both copper and zinc 82 pennies may be worth more some day soon than just for their melt value.
What do you think?
***************** The above post is intended for entertainment purposes only and in no way reflect the opinions of the flesh and blood person writing the text. All writings under the screen name "copperhead" are merely a characterization of the personna created.
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Cerulean
Penny Hoarding Member
   

USA
993 Posts |
Posted - 04/06/2007 : 14:20:27
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There is a few instances I know of where the composition was changed mid-year. The cent switched from copper-nickel to bronze in 1864. In 1942, the nickel switched from copper-nickel to silver alloy.
The Mint has also changed designs mid-year, such as the switch in 1916 from Barber to newer designs on the dime, quarter, and half dollar. Both old and new designs were used for the transition year. Is some cases, the design went through minor changes a year or two after entering production, like when VDB was taken off the wheat cent, or the Type 2 Buffalo nickels and Type 2 Standing Liberty Quarters.
In all of these cases, the rarer the variety, the more valuable it becomes. Maybe the 1982 pennies will become nurismatic goodies, but it may take a few decades for nurismatists to gauge the relative scarcity of them. From my own experience, I've searched through almost 2000 zinc cents and I've only seen one 1982-D zinc cent.
RUNNING TOTAL -------------------------- 987 zincs (1982-2006) 77.7% 283 coppers (1959-1982) 22.3% 7 wheats (1935-1952) 1 Canadian (1977) 1 dime (2004) |
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pencilvanian
1000+ Penny Miser Member
    

USA
2209 Posts |
Posted - 04/06/2007 : 15:44:59
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Just my opinion, nothing more, nothing less-
Zinc cents just don't seem to last. They corrode easily. That having been said, the 82 zincs(those that survive the coming decades) may become a semi rarity.
I had read that for 1982 and 1983 cents, the copper didn't bond to the zinc well and tended to bubble or pit leaving the cents damaged. No one knows how many 82 zinc cents will last in the coming years.
I should have chosen "Cut-n-Paste" as a forum name, since that is what I do, mostly. |
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Frugi
Administrator
   

USA
627 Posts |
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59 Posts |
Posted - 04/07/2007 : 13:26:18
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Interesting points. I've got only 269 zinc cents, including (1) 1982-D and (3) 1982. A large majority of the circulating coins in my area are from the Denver mint: You must be logged in to see this link.
I have saved coins in the blue cardboard folders for years. Many of the zinc cents have a bit of corrosion eating at the edges now. But none are as bad as the 1982s, one of which is basically half eaten by corrosion.
------------------------------------------------------------------------------------------------------------------- One of the chief attractions of the life of the wilderness is its rugged and stalwart democracy; there every man stands for what he actually is, and can show himself to be.
-- Theodore Roosevelt |
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Gresham
Penny Pincher Member
 

184 Posts |
Posted - 04/07/2007 : 20:47:05
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so Wes your zinc cents have corroded since they were put in the folders? How long have they been in the folders then?
Personally I have never removed my zincoln pennies to check the edges after they go in the folder. For all I know they could be corroding as well. I also have i collection of uncirculated 1982 pennies in a plastic case folder showing the 7 variations for that year. |
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479 Posts |
Posted - 04/07/2007 : 21:15:06
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Gresham:
Welcome to the forum.
You mentioned seven variations.
I'd love to learn what all seven are.
Thanks!
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28 times 13 = 364
We cannot divide the 365.25 days of a year into eqwal parts. We never have and never will.
We cannot even divide the 365 whole days or integer days into eqwal parts. But we could have a year that is 364 days long.
I propose that we use a calendar made up of 13 months of 28 days each. Then every five years we have a five day long party or holiday that would serve the function that leap days now serve every four years. |
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59 Posts |
Posted - 04/07/2007 : 21:39:20
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They've been in the folder for about 10 years I think. I've filled them in every year since as they come out. I did not take any out- the small corroded spots are visible on the edges of the face. Except my 1982 zincs, one of which is corroded over half the face. Lincoln's face and the date and mint mark are completely gone!
The seven variations:
1982 copper large date 1982 copper small date 1982 zinc large date 1982 zinc small date 1982-D copper large date 1982-D zinc large date 1982-D zinc small date
------------------------------------------------------------------------------------------------------------------- One of the chief attractions of the life of the wilderness is its rugged and stalwart democracy; there every man stands for what he actually is, and can show himself to be.
-- Theodore Roosevelt |
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Metalophile
Penny Collector Member
  

USA
320 Posts |
Posted - 04/08/2007 : 21:15:25
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I wouldn't bother saving any '82s unless they were uncirculated. (not even AU, but BU).
Metalophile |
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just carl
Penny Hoarding Member
   

USA
601 Posts |
Posted - 04/12/2007 : 16:24:17
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They are truely a oddity in that there are so many different types for one year. 8 if you include the proofs. Oddly the 82 Zinc small date is the expensive one. MS60 or thereabouts will sell for about $2 at coin shows. Many dealers put together sets of all 7 or even 8 types and sell as the day the Mint changed to Zinc. In the future none will ever be worth a great deal due to the massive hoarding of these in any condition.
Carl |
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