How a Minting Mistake Created a $398,000 Treasure
At PennyVerse.info, we love stories where pocket change turns into pure gold — and this is one of the best!
A 1982-D Small Date copper penny recently sold for an astonishing $398,000, making it one of the most valuable modern coins ever discovered.
With only 5–10 confirmed specimens, this rare Denver Mint error is considered the holy grail of modern Lincoln cents. And the best part? You might already have one in your coin jar.
Key Identification Features
If you think you’ve found a 1982-D Small Date, here’s exactly what to check 
Obverse (Front):
- Small Date variety → notice the delicate “2” with a softly curved base
- “D” mintmark below the date (for Denver Mint)
- Warm reddish copper tone (not zinc’s silvery-gray look)
Reverse (Back):
- Standard Lincoln Memorial design
- Smooth, even copper surface — no plating bubbles or peeling
Physical Specifications:
- Weight: 3.11g (
true copper) - Diameter: 19.05mm
- Magnetism: Non-magnetic
Tip: If your coin weighs 2.5g, it’s zinc — not the rare copper one.
2024–2025 Value Guide (PCGS-Certified)
| Grade | Description | Estimated Value |
|---|---|---|
| MS-67 RD | Perfect red luster |  $250,000 – $398,000 |
| MS-65 RD | Minor marks | $100,000 – $200,000 |
| AU-55 | Light wear | $25,000 – $50,000 |
Key Facts:
- Transition year from copper to zinc (1982)
- Only 5–10 verified copper strikes known
- Every authenticated specimen is PCGS or NGC certified
4-Step Authentication Checklist
Follow these steps before celebrating your discovery 
Verify the Weight
Use a precise digital scale: 3.11g = copper, 2.5g = zinc.
Perform a Magnet Test
Copper is non-magnetic. If it sticks to a magnet, it’s fake or plated.
Examine the Date
Compare the “2” — on the Small Date, it has a delicate curve at the base instead of a flat line.
Get Professional Grading
Submit your coin to PCGS or NGC for official verification and value protection.
Only certified coins reach top auction prices.
Why This Penny Is Worth Nearly $400,000
Mint Error Miracle – Denver wasn’t supposed to strike any copper cents in 1982.
Historical Importance – Marks the end of the copper penny era.
Ultra Rarity – Only a handful of survivors exist, all highly graded.
It’s the perfect mix of history, rarity, and collector obsession — which is why this coin keeps setting records.
Critical Warnings for Collectors
Plated Zinc Fakes: Many forgeries are made by coating zinc pennies in copper.
Incorrect Weight: Must read exactly 3.11g — no exceptions.
Uncertified Listings: Always insist on PCGS/NGC certification before buying or selling.
Even a small deviation can turn a $398,000 dream into a $0 fake.
Where to Sell Your $398,000 Penny
If you’re lucky enough to have a verified 1982-D copper penny, here’s where to get the best offers:
Heritage Auctions – Record-breaking coin sales
Stack’s Bowers – Experts in rare mint errors
Private Collectors – Discreet, high-value transactions
Top collectors will compete fiercely for authenticated pieces in mint state condition.
