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Copper Dominates Cent Change
October 27, 2008

Nothing gets response from readers like typographical errors. The latest head slapper for me in the office was a statement in Numismatic News that 2009 is the 200th anniversary of the Lincoln cent, instead of the 200th anniversary of Lincoln's birth. It is the 100th anniversary of the Lincoln cent.

Fortunately, such a significant year as 2009 will give me many more opportunities to point out the double Lincoln anniversary and to do it correctly.

It will also give collectors a chance to scrutinize their change.

In my Saturday errands I collected change in several stopping-off points. When I got home and emptied my pockets, I checked the coins. There was nothing particularly noteworthy about the larger denominations, except perhaps for how rapidly the Alaskan quarter has reached circulation in this area.

The interesting aspect was the cents. I had nine of them. Four were years after 1982 and were made of copper-plated zinc. Five were the pre-1982 95 percent copper alloy.

While it is not unknown for me to get a copper cent in change, the proportion is not usually so high. Perhaps a business got a roll from a bank full of older cents and I just happened to be in the check-out line when it was being used.

The current combination of recession and the sharply falling price of copper might result in even more of the older cents reaching circulation. People are digging deeper to keep paying their bills and a 95 percent copper cent has a metallic value now of little more than face value, removing any possible incentive to keep it.

Check your cents and see what you come up with.

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Recent Comments
On January 7, 2018 Shane said
Petchenik hi I have a 3.1 gram 1982 d ment Lincoln penny in very good condition can't tell witch date it has can u help me?

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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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