When the A and the M are a normal distance apart as compared to the other letters in AMERICA this is known as a Wide AM. The 1998 being the rarer of the two, generally selling in the $300 range, and the 1999S around $100. Besides this unique coin, most pennies minted that year are relatively inexpensive. The last 2 cents in this grouping are by far the rarest of all of the WAMs or CLAMs. Those in decent condition are worth $150 to $300, while the best-preserved pieces can go to $3,850. Also, there is a horizontal serif on the end of the straight vertical 3 How much is a 1998 D Close AM penny worth? Yep. Mistakenly using the reverse proof coin dies resulted in coins intended for circulation. Is it valuable? The close AM is the most common, while the wide AM is less common. Even though coins minted in 1999 are modern and expectedly inexpensive, the 1999 penny value can surprise you. I have personally found the 1998 Wide AM in pocket change. This year, the San Francisco mint produced only proof coins. 1999 Lincoln Cent Close AM collector coin No mint Mark. I really appreciate the info that you have provided thru your youtube channel. The 1998 being the rarer of the two, generally selling in the $300 range, and the 1999S around $100. The dies used to make these coins were probably business strike dies that got sent to the San Francisco Mint by mistake. The Most Valuable 1999 Lincoln Cents is Sold on Apr 29, 2006 for: $138,000.00. . 1998 wide am penny. However, collectors avoid these pieces, making them inexpensive. But what about the 1999 penny? I would like to send you some pics of this coin and ask for your opinion before I try to get it graded. It was the first American coin with a genuine person instead of imaginary characters on the obverse, like Lady Liberty and the American Indian. In 2005 the first CLose AM proof cent was found, a 1999 S CLAM. So, How do I tell them apart?The simplest and most obvious way to tell the two apart is to first look at a known Wide AM (1959-1991), and compare it with a known Close AM(1993-1997; 2001-2008) with a jewelers loop or magnifying glass. CoinTrackers.com has estimated the 2000 Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $1. You should pay about $5 to $10 for one of these coins. Continue with Recommended Cookies. Designed by K.M. The 1909 penny, for example, is worth far more than its face value and its one of the most valuable pennies. In other words, instead of using the same, design, and all business strikes would have the, designs on both proof and business strikes. Unlike regular pieces with A and M nearly touching one another, such specimens had a significant gap between the A and M letter bottoms in the word AMERICA. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! Something went wrong. While hunting the 1998 WAM and 1999 WAM were found. In this educational video we look at rare error pennies worth money. Despite these changes, the coin has remained a staple of American currency, and it is sure to continue to be produced for many years to come. Only rare, precisely struck specimens in an MS 68 grade can reach $3,850 at auctions. WIDE "AM". The terms generally refer to the different die varieties of 1992, 1998, 1999 and 2000. There is also a mint mark under the date. Click the image to enlarge: USA Coin Book Estimated Value of 1999 Lincoln Memorial Penny (Wide AM Variety) is Worth $558 or more in Uncirculated (MS+) Mint Condition. Some of these coinsareeither Wrong DieCoinsor Transitional Die Coins. The 1999 Wide AM penny is the exact opposite of the 1992 Close AM. The 1999-S Proof Close AM Lincoln cent was accidentally struck with a reverse die intended to strike circulation strike coins only. The Lincoln penny is a one-cent coin produced from 1909 to now in the US Mint. Most 1999 Lincoln Memorial pennies are common, but those with the wide AM RD are considered scarce and can be expensive in high grades. It could be that the coin was minted with a different design to what was intended, or there could be an issue with the metal composition of the coin. In March of 2006 it was reported that a 1992 D CLose AM cent had been found. The 1999 S PR 70 DCAM Lincoln Memorial penny was paid $2,358 in 2004, while the one with close AM in a PR 69 grade reached $1,035 at an auction in 2008. If there is an S, it means the coin was made in San Francisco. That decision was controversial at those times, and many traditionalists remembered George Washingtons attitude that such a thing was too monarchical. They should be able to give you a pretty good idea of its value. By now, only one such coin exists, and its price still needs to be determined. Transition Die Coins are by far the rarest coins on this list. The catch is in the reverse that belongs to the 1999 Roosevelt dime. Alist of United States Transitional Die Coins is very very small. . The 1999 WAM penny stands for Wide AM, where the AM in word America is wider separated than on regular pennies. Of these 2 proof coins, the 1998 S CLAM is extremely rare and the 1999 S CLAM a little more common but still rarer than the 1999 WAM. Surprisingly, Americans adored their new penny. These are also valuable Finally, Lincolns bicentennial birth was commemorated by the new reverse design in 2009. CLOSE VS. Collectors are prepared to set aside approximately $120 to $800 for pieces with wide AM in the mint state. This is a very small detail change. $400.00 Seller: anchav9830 (4) 100% or Best Offer +$5.30 shipping Sponsored 1998 Lincoln penny no mint mark, Close AM, Red Finish $1,000.00 Seller: gordothago7 (0) 0% or Best Offer +$5.40 shipping Sponsored 1998 Lincoln 1 Cent Penny rare Close AM. Additionally, the initials FG are closer to the Lincoln Memorial Building on the wide AM variety and further away on the close AM variety. If there is a space between the "A" and the "M" in the word "America" as it appears in "United States Of America," then you've got a penny worth a lot more than one cent! My love for coins began when I was 11 years old. 2000 wide . Look for similar coins in terms of condition and design, and then check to see what price they went for. In the case of coins struck in Philadelphia, both versions with wide and close letters A and M are equally sought after. In 1992 the mint created a new reverse with a Close AM for that seems to be intended for use starting with 1993 cents. Thanks in advanced. The coin shows one clear obverse impression in the center with eight other newly fed planchets flared out around the center. The most common variety for 2000 is the close AM variety. Since few have been found so far, it is my opinion that the first theory is the most likely cause. Precisely 3,347,966 pieces were struck, including collectible red-toned close AM penny variety. On the other hand, you have the wide AM penny, with the letters A and M much more separated. They could be made from business strike dies or proof style dies. Worn specimens without errors or varieties are worth face value. On the close AM penny, the letters A and M on the word America on the reverse are so close together theyre almost touching. She doesn't have one of the varieties, sir. The curiosity is that three rare and valuable 1999 Lincoln Memorial pennies are still in circulation: The San Francisco mint produced two 1999 S Lincoln Memorial penny varieties, with closed and widely spaced letters A and M in the word AMERICA. USA Coin Book Estimated Value of 1998 Lincoln Memorial Penny (Wide AM Variety) is Worth $28 or more in Uncirculated (MS+) Mint Condition. We use cookies to ensure that we give you the best experience on our website. This was NOT an intentional design by the U.S. Mint. From its introduction in 1959 through 1992, all Lincoln Memorial Cents including both business and proof strikes were intended to have the Wide AM reverse. These coins are named by using the year the coin is made, then the words Reverse of and then the year of the transition. Ive looked through 1300 individual pennies and havent found one of the 98,99 or 00 wide AMs and have only found a handful of 1992s. To summarize the following is normal: 1959-1992 all business strikes and proofs are supposed to have a Wide AM 1993 all business strikes and proofs have a Close AM 1994-2008 all business strikes have a Close AM very Rare, 1999-D Lincoln Memorial Cent Penny Close "AM" ERROR Raw, 1999 Lincoln Memorial Penny No Mint Mark Close "AM" 2.5 g, View seller's store: Out with the old 1212, 1999-S PCGS PR69RD DCAM Close AM FS-901 Lincoln Cent Proof 1C *RARE*, RARE 1999d Lincoln penny , CLOSE AM, LETTERS OVERLAPPING IN AMERICA, 1999 S Proof Lincoln 1c, Close "AM", NGC Certified PF 69 UCAM RD, 002, RARE 1999d Lincoln penny , CLOSE AM, LETTERS OVERLAPPING, 1999 No Mint Mark Lincoln Penny close" Am " 2.5g, 1999 Lincoln Memorial Penny No Mint Mark, Die Chip In P, Close "AM", 1999-S PROOF SET WITH CLOSE AM LINCOLN CENT RARE#2, 1999 D penny close am ddr penny uncirculated amazing condition, 1999 P Lincoln Memorial Penny Cent "Close AM", 1999 Lincoln Cent Close AM collector coin No mint Mark Beautiful coins, 1999 P & D Lincoln Cent 2-Coin Set. In this educational video we look at rare error pennies worth money. The 1998 being the rarer of the two, generally selling in the $300 range, and the 1999S around $100. This strange error is an anomaly since it has the regularly issued 1999 Lincoln Memorial penny obverse with worn lettering near the rim. - Time To Find One!! 1992 P Reverse of 1993 AKA CLose AM or CLAM 1992 D Reverse of 1993 AKA CLose AM or CLAM. They are the opposite of the previous coins: the 1998,1999, and 2000 WAMs. In addition, the initials FG which can be found on the reverse are further away on the close AM variety. Close AM Error- Touching (Stock 006) Rare! USA Coin Book Estimated Value of 1998-S Lincoln Memorial Penny (Close AM Variety) (Proof Coin) is Worth $520 or more. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. See each listing for international shipping options and costs. looking at some1988, 1992, 1998, 1999, and 2000centswe find that there is something different about them. RARE 1999 PENNY WORTH MONEY IN YOUR POCKET CHANGE! 1999 Penny No Mint Mark Close AM Almost Touching Great Red Coin. Also in 1998 and 1999 some proof coins were struck with the Close AM design (using a business strike die) making them also valuable. So, if you come across one of these coins, its certainly worth taking a closer look. The coin was sold for $4,200 in 2021. An amazingly rare Transitional Die Coin. The third and final variety is the 1998, 1999, and 2000 Wide AM, with the 1999 being the rarest, then 1998, and finally the 2000. 1998 S Business Strike Reverse AKA CLose AM or CLAM 1999 S Business Strike Reverse AKA CLose AM or CLAM. The second place went to the 1969 S DDO error penny produced in San Francisco after one collector paid $126,500 for it in 2008. Whats the difference between a 2000 and 2000 AM Penny? 1999 D Uncirculated (BU) Lincoln Memorial Cent (Penny) close AM. Click here to Learn How to use Coin Price Charts. rather than far as they should be for that year. You can recognize two of the most precious pennies struck this year. Read on to learn more about the value of 1999 pennies and how to determine their worth. Specimens with minor errors typically cost $5 to $6. So if you come across one of these pennies, be sure to take it to a professional coin dealer to have it appraised. They are CLose AMs or CLAMs. Click here to Learn How to use Coin Price Charts. Is anyone know the value and please give me a advise!? In 1982, the US Mint changed these coins composition by increasing the zinc proportion to 97.5%. For this reason the coins made from these dies are harder to find and usually more valuable than coins made from a standardbusiness strike die. The FG (designers initials) is also closer to the building than on the business dies. Another 1999 wide AM penny graded MS 64by PCGS sold for $499. It has been theorized that the San Francisco mint asked the Die Shop at the Philadelphia Mint to produce some extra proof dies. Their prices are lower but always significantly higher than their face value. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 1999 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 19 Most Valuable Indian Head Penny Worth Money, 1990 Penny Value Guides (Rare Error, D, S, P, No Mint Mark), 1982 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1965 Penny Value Guides (Rare Errors, SMS & No Mint Mark), 1946 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1955 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1956 Wheat Penny Value Guides (Rare Errors, D and No Mint Mark), 1962 Penny Value Guides (Rare Errors, D and No Mint Mark), 1939 Dime Value (Rare Errors, D, S & No Mint Marks), 1899 Indian Head Penny Value (Rare Errors & No Mint Marks), 1916 Penny Value Guides (Rare Errors, D, S & No Mint Marks), 1947 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1905 Indian Head Penny Value (Rare Errors & No Mint Marks), The 1999 MS 66 RD Lincoln Memorial penny won the auction record at Heritage Auctions after sold for $138,000 in 2006, The 1999 S PR 70 DCAM Lincoln Memorial penny won the auction record at Heritage Auctions after sold for $2,358 in 2004, The 1999 MS 65 BN Lincoln Memorial penny won the auction record at Superior Galleries after sold for $1,725 in 2003, The 1999 D MS 69 RD Lincoln Memorial penny won the auction record at Heritage Auctions after sold for $1,293 in 2013, The 1999 S PR 69 close AM FS-901 DCAM Lincoln Memorial penny won the auction record at Heritage Auctions after sold for $1,035 in 2008, The 1999 S PR 68 close AM DCAM Lincoln Memorial penny won the auction record at David Lawrence RC after sold for $437 in 2011, The 1999 D MS 64 BN Lincoln Memorial penny won the auction record at Stacks Bowers after sold for $259 in 2011, The 1999 S PR 69 close AM RD Lincoln Memorial penny won the auction record on eBay after sold for $208 in 2019, The 1999 D MS 67 RD PL Lincoln Memorial penny won the auction record on eBay after sold for $110 in 2020, The 1999 MS 65 RB Lincoln Memorial penny won the auction record on eBay after sold for $36 in 2022, The 1999 D MS 64 RB Lincoln Memorial penny won the auction record on eBay after sold for $9 in 2022. 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