Large, globally documented negative δ13C excursions that occur across the Permian-Triassic transition are thought to represent the isotopic fingerprint of considerable releases of isotopically light carbon into the atmosphere, with the largest of these excursions (as much as −22.2‰) measured in bulk organic matter in coals and carbonaceous shales from Antarctica. Previous studies have attributed the carbon isotopic excursion (CIE) at the Permian–Triassic boundary to the release of CH4 from organic-rich rocks intruded by dikes and sills associated with the Siberian Traps flood basalts (Russia) and Longwood-Bluff (New Zealand) intrusions. However, any assessment of paleoatmospheric conditions based on this or other δ13Corg excursions must consider the multiple controls on isotopic composition, including maceral content and post-depositional diagenetic and maturation processes. Permian-age coal seams and associated sediments in Antarctica were extensively altered after burial by localized high heat flow and, in some cases, by contact metamorphism associated with Jurassic dikes and sills. Levels of organic maturation reach anthracite, meta-anthracite, and even graphite; such intense thermal alteration had the potential to change the carbon isotopic composition of the bulk organic matter (δ13Corg). To evaluate the Permian–Triassic isotopic excursion in Antarctica, it is important to understand the inherent variability in δ13Corg in Permian-age coal and organic-rich sedimentary rocks prior to the CIE; thus, 128 samples representing pre-boundary coals and shales were selected from the United States Polar Rock Repository for analysis. Petrographic (maceral analysis and vitrinite reflectance), geochemical (C, H, N), and carbon isotopic analyses were performed. Based on the presence of coarse-grained circular and fine-grained lenticular mosaic in the anisotropic cokes found in samples in close proximity to intrusions, the rank of the samples prior to intrusion is estimated to have been medium volatile bituminous (∼1.2% Rmax). These highly altered coals and cokes can have random vitrinite reflectances (Rr) exceeding 6%. Subsequent to intrusion, alteration beyond the contact aureoles continued due to high heat flow, producing high rank coals with Rr > 2%. Values of δ13Corg range between −26.5 and –21.1‰ (5.4‰ difference). Significant relationships (at the 1 and 5% levels) exist between δ13Corg and the level of organic maturity, organic carbon (Corg) content (i.e., size of the carbon reservoir), and total inertinite content, suggesting variability due to these factors should be considered when assessing isotopic excursions and interpretation of Permian-Triassic atmospheric conditions. These findings highlight the importance of incorporating organic petrography into δ13Corg studies.