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.
Type: Lincoln Penny
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.
|1983 S Proof||San Francisco||3,279,126|
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.
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.
The Red Book