Coinflation: Zinc Lincoln penny value and coin price
  Measuring the Metal Value of Coins – Base Metal, Gold, and Silver Coins

  Home  |  About  |  Coin Calculators  |  Gold Coin Values  |  Silver Coin Values  |  Proof Sets  |  Countries  Last Update: June 24, 2024
We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate.
1982-2014 Lincoln Zinc Cent Penny Melt Value

1982 - 2014 Zinc Lincoln Cent Value (United States)

Obverse Image:U.S. President Abraham Lincoln
Reverse Image:Lincoln Memorial in Washington, D.C.
Metal Composition:97.5% zinc, 2.5% copper
Total Weight:2.5 grams
Comments:The zinc and copper versions of the cent were both produced in 1982. They can be differentiated by weight (3.11 grams for the 1909-1982 copper cent, 2.5 grams for the 1982-2014 zinc cent).

Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:
$1.2728  =zinc price / pound on Jun 24, 2024.
.975  =zinc %
 $4.3461  =copper price / pound on Jun 24, 2024.
.025  =copper %
2.5  =total weight in grams
.00220462262  =pound/gram conversion factor (see note directly below)

The CME uses pounds to price these metals, that means we need to multiply the metal price by .00220462262 to make the conversion to grams.

1. Calculate 97.5% zinc value :

    (1.2728 × .00220462262 × 2.5 × .975)  =  $0.0068395

2. Calculate 2.5% copper value :

    (4.3461 × .00220462262 × 2.5 × .025)  =  $0.0005987

3. Add the two together :

    $0.0068395 + $0.0005987 = $0.0074382

$0.0074382 is the melt value for the 1982-2014 zinc cent on June 24, 2024.

  ← Calculate the value of your own coins.

The "Year" column lists the year and mint mark on the coin -- D is for Denver, S is for San Francisco, and P is for Philadelphia. A coin without a mint mark means it was also minted in Philadelphia. The "Mintage" column is the number of coins struck and released by the U.S. Mint. The "Numismatic Value Range" column represents what people typically pay for that type of coin (usually a very wide price range depending on the condition).

YearMintageNumismatic Value Range
1982unknownmelt - $1.50
1995 doubled dieunknown$25.00 - $280.00

If you're interested in learning more about grading coins, Photograde is an excellent resource.

I believe that the old saying, "A coin is only worth what someone will pay for it," is absolutely true. I prefer eBay because it displays what people are actually paying for coins. Monthly coin price magazines and online price lists may not reflect current market conditions because they don't demonstrate what people are actually willing to pay.

View all Lincoln Cent auctions or see below:

Long-term metal price charts for the Lincoln cent (97.5% zinc):

           [Most Recent Quotes from]

Also on
Other Pages:

Advertising · Archives · Frequently Asked Questions · Privacy Policy

Connect With Us:

Follow Coinflation on Twitter

This material may not be redistributed. All rights reserved.
Copyright 2004–2024 Coinflation®, Collectors Universe.
All content on is for informational purposes only.