Most 1983 Lincoln pennies aren't valuable. However these pennies can sell for a premium in uncirculated condition. Keep reading to learn more about these one cent coins.

1983 Penny

Specifications

Type: Lincoln Penny
Year: 1983
Face Value: $0.01
Composition: 99.2% zinc, 0.8% copper
Total Weight: 2.5 grams

The US minted the 1983 penny with no mint mark and also the 1983 D penny and 1983 S proof penny. The mint mark, when present, can be found on the obverse side of the coin below the date.

Series Location Quantity Minted
1983 Philadelphia 7,752,355,000
1983 D Denver 6,467,199,428
1983 S Proof San Francisco 3,279,126

Value

Most 1983 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition.

The 1983 penny with no mint mark and the 1983 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

The 1983 S proof penny is worth around $3 in PR 65 condition.

Doubled Die Error Coins

There is a rare error variety for the 1983 penny with no mint mark. On the reverse side of the coin the date and the design elements are minted twice onto the coin. This is called a doubled die error.

The 1983 penny with no mint mark doubled die error coin is worth around $375 in uncirculated condition with an MS 65 grade.

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Grading System

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

1984 Penny
1982 Penny
1981 Penny