Close "AM" ERROR- touching, 1999 D Uncirculated (BU) Lincoln Memorial Cent (Penny) close AM, 1999 penny close AM no mint mark uncertified. The space between the Memorial and the country name is reserved for a required motto, E PLURIBUS UNUM. It was the first American coin with a genuine person instead of imaginary characters on the obverse, like Lady Liberty and the American Indian. part of the G on the Wide AM cents. 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. What is a wide looking at some1988, 1992, 1998, 1999, and 2000centswe find that there is something different about them. The 1999 WAM penny is a rare variation of the Lincoln penny that was minted in 1999 at the Philadelphia Mint. The Denver mint reached the highest mintage in 1999 with 6,360,065,000 produced Lincoln Memorial pennies. In 2010 the Union Shield became the new reverse. Transition Die Coins are by far the rarest coins on this list. Although the one shown above is the rarer wide AM variety for this year. The text on the Lincoln one cent coin reads as follows. to the CCF! Real People. However, the truth is that some 1999 pennies are quite valuable. 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. The Close AM is all normal and is the correct reverse design for 1999. They should be able to give you a pretty good idea of its value. Beginning in 1994, the mint began using the old, reverse on all business strikes. $20.00 1998 CLOSE AM PENNY VS WIDE AM PENNY!! (On ordinary 1999 pennies, the bottom of the letters A and M appear to nearly touch one another.). It is a fitting tribute to a man who helped to preserve the United States and who is memorialized in one of Americas most iconic buildings. This variety is known as the close AM penny. This year, the San Francisco mint produced only proof coins. Heres how much a 1999 Wide AM penny is worth: You may not have a 1999 Wide AM penny, but youre probably still curious what your regular 1999 penny is worth. These are rare pennies that are worth money.. It is in extremely nice condition & actually looks better that the ones Ive seen graded at MS67. Is anyone know the value and please give me a advise!? You can buy any of those in the mint state for $0.10 to $60. Every year more of them have been found but the totals are very small even after 8 years of searching. Interestingly, this coins obverse has stayed unchanged all these years, but the reverse had a few redesigns, depending on the occasion. If you have a 1999 Lincoln penny, you might be wondering how much its worth. There were two other WAMs reported: a 1996 and a 1993 but they were never verified and have since vanished. The close AM is the most common, while the wide AM is less common. They could be made from business strike dies or proof style dies. A Close AM should appear to either be touching or have just enough space between the letters for a piece of paper to slide between them. After all, a penny isnt worth much these days, so its easy to assume that this penny isnt worth much either. Though a 1999 penny may not be worth much more than its face value in circulated condition, if you happened to find a 1999 Wide AM penny or a 1999 S Close AM penny, you could be sitting on quite a lot of cash. 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. If you have a 1999 penny look for this error coin. The Latest Innovations That Are Driving The Vehicle Industry Forward. Check out our 1999 error penny selection for the very best in unique or custom, handmade pieces from our shops. However, 1999 pennies that are uncirculated (or, as some might say, mint condition or Mint State) are worth more. Youll notice a significant gap between the bottoms of the A and M on the 1999 Wide AM penny. There are Wrong die coins and Transitional die coins in the other denominations. The Brenners reverse was replaced with Frank Gasparros Lincoln Memorial design. Collectors are prepared to set aside approximately $120 to $800 for pieces with wide AM in the mint state. though a Wide AM is normal for that year. The next rarest is the 1998S and 1999S Proof Strike Close AM variety. These are well listed at Variety Vista. Most 1999 Lincoln Memorial pennies minted in Philadelphia are inexpensive, and even those in the mint state cost $0.10 to $60. DON'T PASS UP THESE PENNIES!! Only rare, precisely struck specimens in an MS 68 grade can reach $3,850 at auctions. Look at all your coins, compare coins from the same year and see what you can find. Starting in 1993 the one cent proof reverse dies were made with the space between the A and M in America farther apart than on the business strike dies. In comparison to all copper-zinc pennies..the color is gold on both sides,Im wondering if its worth submitting to get graded. Number of bids and bid amounts may be slightly out of date. It was possible thanks to an unusual variation that appeared in the Philadelphia mint. In addition, the initials FG which can be found on the reverse are further away on the close AM variety. They have the second type, which is extremely common. This allowed a small production run to get out. Worn specimens without errors or varieties are worth face value. In 2005 the first CLose AM proof cent was found, a 1999 S CLAM. Therefore, the coin was released into circulation in 1909, when the nation celebrated Lincolns 100th birthday. There are many reasons why a coin might be classed as an error coin. However, one of the 5,237,600,000 minted that year became the most expensive in a series after one collector paid $138,000 for it in 2006. What you want to look for is the Close AM 's on the 1992 Philadelphia and 1992 Denver Cents. I found this 1998 D Penny and Think its a Close AM strike. This is a very small detail change. This again set off a searching frenzy yielding the discovery of the 1998 S CLAM. The idea was to commemorate Lincolns 150th birth anniversary by replacing wheat stalks with his Memorial from Washington, DC. The coin in question shows that 1988 obverse die paired with a 1989 reverse die. Some specimens with characteristic wide AM are pricey, and one reached an auction record as the most valuable in the series. Whats the difference between a 1999 Penny and a 1992 Penny? However in 1998, 1999, and 2000 some business strike coins were found having the wide AM design (using a proof reverse die) when the norm was then the Close AM design. I have a 1997 D Lincoln penny thats maybe a die cast error? That M is closer to the A on a CLose AM cent. They look the same, but different. You should pay about $5 to $10 for one of these coins. If you have a 1999 Wide AM penny, it is worth $558 in MS 65 condition. Well, mistakes must, reverses. The penny with nearly touching A and M is the more pricey, highly collectible, and typically cost about $100. The Denver mint produced 6,360,065,000 coins, the Philadelphia mint produced 5,237,600,000 coins, and the San Francisco mint produced 3,347,966 proof one cent coins. The obverse of 1999 Lincoln cents features the bust of President Lincoln with the words In God We Trust and the date. Lincoln pennies were first minted in 1909 to commemorate the 100th anniversary of Abraham Lincolns birth. 1992 wide am penny. Later a 1992 P CLose AM cent was found. The most valuable penny is the 1999 Wide AM penny, which is worth $558 in MS 65 grade. However, those with wide AM and red toning are more pricey. On the close AM penny, the letters A and M on the word America on the reverse are so close together theyre almost touching. When we discuss Wrong Die Coins we will limit them to coins that are not transitional dies. Their average price is $0.10 to $30, while you can find even beautiful pieces in an MS 69 grade for $260. Since three mints produced 11,601,012,966 Lincoln Memorial pennies, you wouldnt expect one of them to be the most expensive in the series. The obverse of the coin features a portrait of Lincoln, while the reverse depicts the Lincoln Memorial. Soon after that the hunt started for the 2000 dated coins. Finally, you can recognize the designers initials inconspicuously struck next to the steps. coins are those that deviate from the norm in the year the coin was minted. As for the tails side, that's where you have to look closely. The 1999 WAM cents are the rarest of these coins with the 1998 scarce and the 2000 a little more common but still hard to find. So, how can you find out how much your penny is worth? No mint mark. The difference between the close AM and wide AM varieties are shown in the example image below. An example of data being processed may be a unique identifier stored in a cookie. In 1989 the reverse dies were modified. On the 1989 reverse dies the vertical bar of the G in the designers initials shows a straight line at the top going inward and it drops down below the lower curve. The letters of the Wide AM variety will look separated and like a piece of paper will have a lot of wiggle room if slid between. Also in 1998 and 1999 some proof coins were struck with the Close AM design (using a business strike die) making them also valuable. The coin shows one clear obverse impression in the center with eight other newly fed planchets flared out around the center. TRANSITIONAL DESIGN DIE COIN: A coin struck with a die that the Mint intended to be used, before or after the year on which that coin was struck. 1967 Dime Value Guides (Rare Errors & No Mint Mark), 1941 Mercury Dime Value (Rare Errors, D, S and No Mint Mark). WIDE "AM". I have personally found the 1998 Wide AM in pocket change. In this educational video we look at rare error pennies worth money. These proof dies were never polished so they have the same look as a standard business strike coin, but they have the design elements of the proof dies. It has a smooth edge and is made of copper-plated zinc. What this means is that the following list of confirmed variations from these rules are valuable in order from most to least rare: On more thing, in 1988 rare alternate reverses from both the Philadelphia and Denver mints were produced where the A and the M were Wide as normal but the FG initials were close to the memorial Mistakenly using the reverse proof coin dies resulted in coins intended for circulation. Ive collected rare coins and other rare collectibles since I was a kid. I have a 1992 D which looks like a close AM to me but so far nobody agrees. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. JohnnyCoiner, May 25, 2015 #1 + Quote Reply. These are 1988 coins with the transitional year reverse of 1989. The 2013 Redbook values the 1999 at $500, 1998 at $25, and 2000 at $20. The wide spacing is the result of an error made when reverse proof coin dies were used to strike 1999 Lincoln pennies intended for circulation. Copyright 2017-2023, lincolncentcollection.com, All Rights Reserved. When it comes to coins, there are a few that stand out above the rest. When the A and the M are almost touching 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 the very beginning, the penny reverse contained two wheat stalks on the reverse, providing it with the nickname Wheat Penny. 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. USA Coin Book Estimated Value of 1999 Lincoln Memorial Penny (Wide AM Variety) is Worth $545 or more in Uncirculated (MS+) Mint Condition. The consent submitted will only be used for data processing originating from this website. This 1992 obverse die is paired with a 1993 reverse die. In 2020, a 1999 Wide AM penny graded MS 68 by PCGS sold for $3,960, making it thethird most expensive 1999 penny ever sold. 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 . The terms generally refer to the different die varieties of 1992, 1998, 1999 and 2000. Collectors are prepared to set aside approximately $ 120 to $ 10 for one of them be... 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