With a lot of searching these coins can still be pulled out of circulation. Wrong Die Coins almost always affect the reverse, and usually are proof dies used on a business strike coin. The U.S. Mint has modified the reverse of the Memorial Cent many times. The most valuable penny is the 1999 Wide AM penny, which is worth $558 in MS 65 grade. 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. RARE 1999 d Lincoln penny , CLOSE AM, LETTERS OVERLAPPING IN AMERICA!! The 1999 penny is no exception, so keep your eyes peeled for these popular errors next time youre out searching for loose change! 1998 CLOSE AM PENNY VS WIDE AM PENNY!! 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. Now a special set of cents, The WAMs And CLAMs. Manage Settings These coins are from a Transitional Die. 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. 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. Here are some other major events that happened when your 1999 penny rolled off the presses at the United States Mint: In addition to the links Ive included above, here aresome otherresources to help you find exactly how much your 1999 penny is worth: Stay up to date with everything about U.S Coins, We dont spam! The 1999 Wide AM Lincoln Memorial pennies appeared accidentally during particular collector Lincoln pennies minting. 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 consent submitted will only be used for data processing originating from this website. The Close AM variety will have wide initials, whereas the Wide AM variety will have close initials. Find Your 1943 Silver Wheat Penny Value Here, 6 Ways To Avoid Fake Gold Coin Scams (Before You Buy Gold Coins On Infomercials Or Anywhere Else!). Although the one shown above is the rarer wide AM variety for this year and mint. 1999 Lincoln Cent Close AM collector coin No mint Mark C $184.90 Seller: jollygreen681 (1,039) 98.5% or Best Offer +C $32.89 shipping estimate from United States Sponsored 1999 S Proof Lincoln 1c, Close "AM", NGC Certified PF 69 UCAM RD, 002 C $334.96 Top Rated Seller Buy It Now Seller: danmusz_19 (4,259) 99.9% +C $23.49 shipping estimate 1999 Wide AM pennies were accidentally made when reverse proof coin dies which were designed to strike the tails side (reverse) of special collector Lincoln pennies were used to strike 1999 Lincoln pennies intended for circulation. Beginning in 1994, the mint began using the old, reverse on all business strikes. The 1999-D Lincoln Memorial Cent was a strongly struck coin that shows great details. It reached an unbelievable price of $138,000 at an auction in 2006. I have personally found the 1998 Wide AM in pocket change. Check out my other coin collecting videos on Couch Collectibles. https://www.couchcollectibles.comPO BOX 16104Ludlow, KY 41016___TWITTER: @couchcollectINSTAGRAM:@couchcollectiblesFACEBOOK: @CouchcollectiblesCHANNEL: https://www.youtube.com/JCouch ___Welcome to Couch Coin Clips the second channel for Couch Collectibles! But what about the 1999 penny? The rare penny Im talking about is the 1999 Wide AM penny. In fact, during that period, there were 3 different Lincoln cents made with a Wide AM reverse proof die: Of these, the 1999 Wide AM penny is by far the scarcest. This is a very small detail change. There were two other WAMs reported: a 1996 and a 1993 but they were never verified and have since vanished. It is located in Washington, D.C., and was dedicated in 1922. In March of 2006 it was reported that a 1992 D CLose AM cent had been found. The coin was reported to have a 50 degree rotational die error reverse and be of the Wide AM variety. 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. Click here to Learn How to use Coin Price Charts. The terms generally refer to the different die varieties of 1992, 1998, 1999 and 2000. That M is closer to the A on a CLose AM cent. As I have already mentioned, the Lincoln pennies obverse has stayed the same from the very beginning, and you can see the 16th Presidents bust in the center. Copyright 2017-2023, lincolncentcollection.com, All Rights Reserved. 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. The 1999 S Close AM penny is also valuable, and it is worth $91 in PR 65 condition. As a result, it was able to achieve a high grade from the Professional Coin Grading Service. 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 Proof coins are usually produced for collectors and, as such, have a higher value than regular circulation coins. Now I am back on track and adding to my coin collection. Example: A half dollar with a business strike obverse die and a proof reverse die. More common 1996 pennies in uncirculated condition can be worth anywhere from $0.30 to $6. Since you can see Lincoln between Memorial pillars, this coin is unique by depicting the same person on both sides. 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. If you have a 1999 Lincoln penny, you might be wondering how much its worth. Some of these coinsareeither Wrong DieCoinsor Transitional Die Coins. We use cookies to ensure that we give you the best experience on our website. The modifications is where these coins come in. In 1989 the reverse dies were modified. 1999 D Uncirculated (BU) Lincoln Memorial Cent (Penny) close AM. Seller: abkhei_0 (11) 100% . Whats the difference between a 2000 and 2000 AM Penny? So, if you come across one of these coins, its certainly worth taking a closer look. There were two other WAMs reported: a 1996 and a 1993 but they were never verified and have since vanished. Free shipping Sponsored. Opens in a new window or tab. The regular run was supposed to have the letters A and M in AMERICA almost touching, and the special proof coins were supposed to have a wider space between those letters, said Bucki. The next rarest is the 1998S and 1999S Proof Strike Close AM variety. The close AM is the most common, while the wide AM is less common. An amazingly rare Transitional Die Coin. With only 5 to 15 1992 P CLAMs and 20 to 30 1992 D CLAMs reported you can see that these coins are the rarest of all of the WAM and CLAM varieties that have been found so far. The penny with nearly touching A and M is the more pricey, highly collectible, and typically cost about $100. The 1988 cents of interest normally struck with RDV-005 instead were produced with a 1989 RDV-006 die. Soon after that the hunt started for the 2000 dated coins. Attached Files: 1998 close am 3.JPG File size: 429.2 KB Views: 3,249. I just want to add that while following the PCGS price guide, I thought I hit the mother lode on 1988 Wide AM Lincoln cents, after I found 7, I decided to validate why PCGS was listing this as a variety. Is anyone know the value and please give me a advise!? third most expensive 1999 penny ever sold, Uncirculated 1999 Lincoln penny with no mint mark, 1999 no mint mark penny struck off-center, 1902 Indian Head Penny Value and Price Chart, 1958 Jefferson Nickel Value and Price chart. The most expensive Lincoln Memorial penny is the one struck in the Philadelphia mint in 1999. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. If you know which1999 pennies to look for, you may find a 1999 penny error with enough searching (and a little luck). EX: 1859 Reverse of 1860 Cent. In the very beginning, the penny reverse contained two wheat stalks on the reverse, providing it with the nickname Wheat Penny. 109,014 views Jun 4, 2019 2.7K Dislike Share BlueRidgeSilverhound 241K subscribers #RecessionProofInvesting. It was possible thanks to an unusual variation that appeared in the Philadelphia mint. This post may contain affiliate links. No 2000 S CLAM cents have been found. In 1992 the mint created a new reverse with a Close AM for that seems to be intended for use starting with 1993 cents. The idea was to commemorate Lincolns 150th birth anniversary by replacing wheat stalks with his Memorial from Washington, DC. Even though most appear as die errors and errors from mintage, some of those coins seem as scarce and valuable human errors. A full set of the WAMs and CLAMs list would include 3 WAMs and 4 CLAMs or 7 coins for a full set. You can tell a 1999 Wide AM penny from an ordinary 1999 penny by looking at the letters A and M in the word AMERICA on the reverse of the coin. These pennies are characterized by an error in the design, which causes the letters AM to appear separated. Look at all your coins, compare coins from the same year and see what you can find. They could be made from business strike dies or proof style dies. 2000 wide . The 1998 being the rarer of the two, generally selling in the $300 range, and the 1999S around $100. Yep. On the other hand, you have the wide AM penny, with the letters A and M much more separated. However, some Proof 1998 and 1999 Lincoln cents have been discovered with the letters . Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). There can be from one die to many dies that will make these coins. It has a smooth edge and is made of copper-plated zinc. We believe that the die technicians grabbed some 1989 reverse or tails dies at the end of the 1988 year and paired them with the 1988 obverse or heads dies. Unless 99%+ of 1999 cents are now considered a "variety", More like a "type" The 1999 came as one "type" WAM, probably all from one die, and a second "type" CAM, from all the rest of the dies. If it appears the A and M are practically touching, you are looking at a ", varieties are also referred to as "Type 2 Proof Reverse". You should pay about $5 to $10 for one of these coins. 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! The 1998 being the rarer of the two, generally selling in the $300 range, and the 1999S around $100. 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. JBCOINSINC 284K subscribers 317K views 4 years ago Check your change and coin roll hunt for this valuable and. Ive collected rare coins and other rare collectibles since I was a kid. The 1992 cents of Thesecond expensive 1999 penny ever soldwas graded MS 67 by NGC. These two coins are very rare and command great prices when sold at auction or in private sales. The resulting coins are typically struck more than once to ensure the sharpness of the design and a high degree of surface luster. 1999 penny close am. This means that the coin is in great condition and has no visible wear. There are many reasons why a coin might be classed as an error coin. If its in circulated condition, then its only worth the face value of 1 cent. And, 1998 S and 1999 S proofs have been found with, ". These valuable pennies are the coins to search for in circulation. 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! 2d 18h left (Thu, 07:31 PM) $625.00 Buy It Now +$4.90 shipping Sponsored 1999 Lincoln Cent Close AM collector coin No mint Mark Copyright 1995-2023 eBay Inc. All Rights Reserved. The wide AM is most commonly found on pennies minted in Philadelphia, while the close AM is most commonly found on proof pennies from San Francisco. Pay close attention to all 1988 cents as this variety can and has been overlooked. The coin was sold for $4,200 in 2021. The 1999 Wide AM penny is the exact opposite of the 1992 Close AM. , it was reported to have a 1999 Lincoln penny, which causes letters. $ 558 in MS 65 grade interest normally struck with RDV-005 instead were produced with lot! 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