Some 1983 Lincoln cents are selling for over $23,000, and one could be sitting in your coin jar right now. This rare no-mint-mark variety is among the most sought-after modern penny errors.
Here’s how to spot it, verify it, and make sure you get top dollar if you find one.
Why the 1983 No-Mint Mark Penny Is So Valuable
- Mint Error: The Philadelphia Mint accidentally produced a small number of 1983 pennies without a mint mark.
- Rarity: Most were caught during quality checks, making survivors extremely rare.
- Recent Sales:
- MS-65: $23,500
- AU-55: $5,000 – $10,000
- MS-65: $23,500
This makes the 1983 no-mint-mark penny a jackpot find for collectors.
How to Identify a Valuable 1983 Penny
Mintmark Check
- Look just below the date on the obverse.
- A true error penny will be completely blank — no D (Denver) or S (San Francisco).
Weight Verification 
- Zinc penny (common): ~2.5 g
- Copper penny (extremely rare): ~3.11 g
Condition Assessment
- Higher grades = higher value.
- Look for full red luster (RD designation) to reach top-dollar sales.
Grading & Value Breakdown
Grade | Estimated Value |
---|---|
AU-50 | $1,000 – $3,000 |
MS-63 | $5,000 – $10,000 |
MS-65+ | $15,000 – $23,500 |
Where to Find These Rare Pennies
- Original bank rolls from early 1983
- Old family collections (often overlooked)
- Estate sales or unsearched accumulations
What To Do If You Find One
Handle with cotton gloves (avoid fingerprints).
Store in an archival-quality holder.
Get it certified by PCGS or NGC.
Selling options:
- Heritage Auctions (best for high-end sales)
- GreatCollections (trusted by collectors)
Critical Warning: Many fakes exist. Only trust coins that are professionally certified.