How much is a copper penny worth?
6 That meant the copper in each penny was worth about 1.7 cents.
Thus, the meltdown value of a pre-1982 penny was about 70% more than the face value.
The price of zinc has also increased since 2000, though it’s down from a peak of $2.06 a pound in November 2006..
Are copper pennies worth saving?
You want to focus on hoarding pre-1982 U.S. pennies, which contain 95% copper content, making the coin at least twice as valuable as its 1 cent face value. (Post-1982 pennies are not worth collecting, as they contain only 2.5% copper content — the rest is zinc.)
How much is a 1943 steel penny worth in 2019?
Value of a 1943 Steel Penny They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.
What year of pennies are worth money?
For most pennies, those minted in recent years are worth, well, a penny. Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more.
What year pennies are pure copper?
1982The last mostly-copper cents (95% copper metal composition) were produced by the Denver Mint on October 22, 1982. The copper-plated zinc cent coins are still being produced today.
Is a 1982 penny rare?
The most valuable known 1982 die variety, the reverse doubled die zinc small-date cent, was discovered in 2007. “To date, only three have been found,” he reports.