
This 1982 Penny Is Worth $5,000,000
πͺ A $5 Million Penny? Yes, Itβs Real
Imagine pulling a single penny from an old coin jar β and discovering itβs worth $5 million.
That is exactly what happened with a rare 1982 Lincoln Memorial cent, which recently sold in a private transaction for $5,000,000. The reason? A historic U.S. Mint transitional error that experts are calling one of the most important Lincoln cent discoveries ever.
If you have pennies from the early 1980s, now may be the perfect time to take a closer look. ππ°

π‘ Why the 1982 Penny Is So Valuable
The year 1982 was a turning point for U.S. coinage.
During this year, the U.S. Mint transitioned from:
- 95% copper pennies
to - copper-plated zinc pennies
Because of this sudden change, a small number of coins were mistakenly struck using the wrong metals and dies. These are known as transitional mint errors, and they are among the most valuable errors in American numismatics.
π The newly discovered 1982 cent is the most valuable example ever confirmed.
π§© Key Features of the $5 Million 1982 Penny
Collectors should look for these critical traits:
- π Strong doubled die on the obverse
(Visible doubling on the date and the word LIBERTY) - βοΈ Wrong planchet strike
(Possibly struck on a silver dime blank) - 𧬠Extremely rare
(Only one or two known examples worldwide) - π
PCGS certified MS-68 Red (RD)
(Nearly flawless condition)
π¬ βThis 1982 error is the Holy Grail of Lincoln cents β a once-in-a-lifetime discovery.β
β Michael Carter, President of PCGS
π Historic Sales That Shocked the Coin World
| Grade | Sale Price | Year |
|---|---|---|
| MS-68 RD | π΅ $5,000,000 | 2024 (Private Sale) |
| MS-67 RD | π΅ $2,100,000 | 2023 |
| AU-58 | π΅ $750,000 | 2022 |
π This places the 1982 error penny among the most expensive Lincoln cents ever sold.
π Step-by-Step: How to Identify a $5 Million 1982 Penny
β Step 1: Weigh the Coin
- Copper cent: 3.11 grams
- Zinc cent: 2.5 grams
β οΈ If the weight feels unusual or silver-like, it could indicate a wrong planchet.
β Step 2: Check for Doubling
- Use a 10Γ magnifying glass or phone macro lens
- Focus on:
- The date (1982)
- The word LIBERTY
Look for clear, raised shadowing, not flat machine doubling.
β Step 3: Inspect the Edge
- A silvery rim or odd color may signal the wrong metal
- Even small irregularities matter in error coins
π§ Where Rare 1982 Pennies Are Often Found
These valuable coins are usually hiding in plain sight:
- Old coin jars from the early 1980s
- Unsearched bank rolls
- Inherited collections or estate boxes
- Areas near Philadelphia or Denver Mint regions
πͺ Collector Tip: Transitional errors often go unnoticed for decades β especially in unopened rolls.
β οΈ What to Do If You Think You Found One
Follow these steps carefully:
- π« Do NOT clean the coin (cleaning destroys value)
- πΈ Take high-quality photos (front, back, and edge)
- π¦ Store it in a coin flip or airtight holder
- β Submit it to PCGS or NGC under Mint Error grading
- πΌ Consider selling through trusted auction houses:
- Heritage Auctions
- Stackβs Bowers Galleries
π§ Final Thought: Could One Penny Change Your Life?
Most people overlook spare change β until one penny turns out to be worth $5,000,000.
Before you spend, roll, or dump your old pennies:
π Check every 1982 Lincoln cent carefully.
That small copper coin might just be your ticket to financial freedom. ππ΅
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