The Professional Coin Grading Services (PCGS) has unveiled the most valuable specimens in the history of the USA. One example with a really low face value which hit the price of more than $9,000 is the 1982 1C Bronze Small Date, RD (Regular Strike).
This 1982 coin belongs to the series Lincoln Cents 1959 to Date. Its designers were Victor David Brenner and Frank Gasparro. About its weight, PCGS claims that it is just 3.11 grams.
Does this one-cent coin have a large or small mintage?
According to PCGS, its mintage is 10,712,525,000, and the U.S. which made it is the one in Philadephia. As you may already know, these one cents are made of copper (95%) and Zinc (5%).
Since this one cents have a very large mintage, why did this specimen reach the staggering price of 9,988 dollars when Heritage Auctions sold it? Actually, there were 7 different varieties of 1982 cents.
Bear in mind that the price of copper soared, so it was not worth making them of that material. Instead, the U.S. Mint made them of zinc. Some were made in Denver, so they had a D-mint mark. The ones in Philadelphia, San Francisco, and West Point had no mint mark at all. So, you can’t tell the difference.
1982-P Small Date copper Lincoln cent coins
PCGS states that these Lincoln cents are the most difficult to find in high-grade condition. Since they are scarce even in worse conditions, the price of one with the highest standards will be really expensive if it is ever found.
The 1982 1C Bronze Small Date, RD (Regular Strike) was sold for $9988 because it was MS67+. Once more, it is not a recent auction, so its price may have soared due to a higher cost of living and a higher interest in the rare coin.
The date when it was sold was February 27, 2014. Then, it was about ten years ago. Anyway, if you happen to have one in outstanding condition, contact PCGS to know more about its value.
