Excited states in the light lead nucleus, Pb-182, have been observed for th
e first time, by means of the recoil-decay tagging technique. A rotational
band has been observed which has features in common with bands attributed t
o a prolate configuration in the heavier neutron deficient lead nuclei, Pb1
84-188. A variable moment of inertia fit to the states in this band suggest
s that the prolate minimum has risen significantly in energy compared to th
e next even lead nucleus, Pb-184. This constitutes firm evidence for the mi
nimization of this configuration with respect to the spherical ground state
around N = 103.