If all this is too confusing then perhaps a better explanation can be found by understanding that there were eight different Reverse Die Varieties (RDV) used on the Memorial Cents from 1959 to 2008. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Error coins are often quite valuable and surely worth looking for but how can you tell a true error coin apart from one thats merely damaged? While there are no known 1987 doubled die error pennies that are worth hundreds or thousands of dollars, there are some that contain light doubling in the lettering, date, Lincolns eye, and the columns of the Lincoln Memorial. ): I would like to send you some pics of this coin and ask for your opinion before I try to get it graded. Just remember the opposite will be true for the initials and the AM. I have a 1997 Lincoln penny with a different die cast or tone..it actually looks gold on both sides..is it worth being graded..its a 1997 D..looks good tone. All circulated 1987-D pennies are worth face value if worn and not presenting any errors or varieties. The all-time record price for a 1987-D penny was paid in 2013 when a deep-pocketed collector spent $1,998 to buy a specimen certified by Professional Coin Grading Service MS68RD. Come along and join me on this exciting journey by subscribing right now as we look at the most valuable toy collectibles and rare coins that you could find at yard sales, flea markets and garage sales!\r\rMUSIC USED ON CHANNEL CREATED BY: Alan Walker, Kevin MacLeod, Marcus, Maxzwell, Doc Hollywood, Breakfast at Tiffanys Instrumental, Party Drug Instrumental, Partner In Crime Instrumental.\r\rDISCLAIMER: Some non affiliate links may have been used throughout the video creation process of this content.\r\r#CoinCollecting #Penny Therefore, the PCGS3000 should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. The Lincoln Memorial design on the reverse (tails side) of the penny was designed by Frank Gasparro and in use on the one-cent coin from 1959 through 2008. On Close AM cents the initials are farther away from the memorial than on the Wide AM cents. But there are many with minor doubling. 1988-D Penny Worth Money - How Much Is It Worth and Why? It saw a mintage of 4,879,389,514 nearly 5 billion coins, with a B.. Real Experiences. "GREAT DETAIL'S" WOW-FREE SHIPPING! See each listing for international shipping options and costs. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 1988-D 1C Flared G, FS-901, RD (Regular Strike) - PCGS For Sale: France Napoleon I 20 Gold Francs 1811-W, For Sale: Stackers Delight! An example of data being processed may be a unique identifier stored in a cookie. Not all pennies are created equal. What this means is that the following list of confirmed variations from these rules are valuable in order from most to least rare: Notable Mention:In January 2009, Billy Crawford author of Die Variety News, a bi-monthly magazine dedicated to the various die varieties of Lincoln cents and other US coins, reported the discovery of a unique 1996 Wide AM variety Lincoln Cent. It appears that the mint used the reverse die intended for the 1993 cent on an unknown but limited number of 1992 cents at both the Philadelphia and Denver mint. The 1955 Double Die Lincoln Penny. The Denver Mint produced a lot of pennies in 1988 5,253,740,443 of them! Theconsignmenthub Banned Me From Buying From Them, Available Today: Abraham Lincoln Presidential Silver Medal - US Mint, Going Through An Inherited Coin Collection. 1988 D Lincoln Memorial Penny Coin Value Prices, Photos & Info The Close or Wide AM refers to the distance between the A and the M in AMERICA on struck coins. 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. It was a variety, just a standard issue variety. Although the least valuable in this article, they may be the most exciting as it can generally be found in circulation. If youd like to start searching for valuable penny errors, these 1987 error pennies are definitely worth looking for: One of the most popular errors is the double die penny (more correctly known as the doubled die penny). Sometimes its not so easy to tell rare pennies apart from common ones unless you know what youre supposed to be looking for! While MS-67 red coins can sell for $15 to $20, those a point higher are coveted, and on May 24, GreatCollections.com sold one for $467.50. These are 1988 coins with the transitional year reverse of 1989. 1988 1c RDV-006, Die 1 of 7. Introducing Coin World+ Get the brand-new mobile app! Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. 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! The 1987 Lincoln Memorial cent is similar to many other 1980s Lincoln pennies struck since 1982 the year the United States Mint began striking the coin on a copper-plated zinc planchet (blank). The designer was Victor David Brenner/Frank Gasparro for PCGS #569371. Over the years, many 1987-D pennies have been lost to time some destroyed by fire and devastation, damaged beyond recognition, or simply thrown away. The only reason I thought to check was because the, The point CrazyB0 is trying to get across about the 1988-P & D reverse design varieties is correct, but the scarce varieties for the two (reverse of 1989) are indeed the same reverse design known as a ". 1998 P wide am penny with some natural toning. Email System Seems To Be Down At The Moment. I recently found a 1996S Lincoln penny with a WIDE AM . Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. A conditionally rare 1988-D Lincoln cent graded MS-68 red sold for $467.50 at a May 24 GreatCollections.com auction. That's perhaps a mystery for the ages. Most are made without errors, but nobody is perfect not even the folks at the world-class United States Mint. If you buy thru these links, we may earn a commission at no additional cost to you. L@@K!!! Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. 1988-D Penny Worth Money - How Much Is It Worth and Why? 1998 Lincoln cent penny wide AM misaligned error coin, 1998 P Lincoln Memorial Cent Wide Am Variety "WAM" Nice Coin. The coin was reported to have a 50 degree rotational die error reverse and be of the Wide AM variety. It was said to have been stolen from him along with other coins in a robbery outside of a coin show a short time later. A small but significant number of 1988 penny error coins were made, and many of them are worth much more than face value! Certification Agency: Raw / Unspecified. 1988's FG is supposed to look like the below which is RDV-005: the variety has the reverse of RDV-006 that was meant for the 1989 reverse and looks like the below: Do You Have A 1991 Penny? It Could Be Worth More Than $5,000! These special coins, known as proofs, have been struck almost every year since the mid-1850s and are offered at a price above face value from the United States Mint. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. The BIE error is so named because of a small, vertical die crack that can form between the letters B and E in LIBERTY just to the left of Lincoln that often takes on the form of a capital letter I. If you find a 1988 BIE penny error, be sure you keep it, for its worth $5 to $10.1988 Lincoln Pennies Worth Money - Here's What Collectors Are Paying A Fortune For!Watch this video on YouTube, Stay up to date with everything about U.S Coins, We dont spam! Close AM / Wide AM 1988 Penny Value Guides (Rare Errors, "D", "S" & No Mint Mark) After awhile you will know the RDV's like simple addition. 1998 P Lincoln Memorial Cent Penny PCGS MS 65 RD Wide AM 21274653, 1998, 1999, 2000 Lincoln Penny Mint Error Wide AM Set MS66 Red. These firms have Registry Set programs that allow collectors to place their coin sets in competition with other collectors and First Strike and Early Release programs that acknowledge coins released by the U.S. Mint during the first 30 days of a coins issue. Most 1988-S Lincoln pennies are worth $1 to $3 apiece. The point CrazyB0 is trying to get across about the 1988-P & D reverse design varieties is correct, but the scarce varieties for the two (reverse of 1989) are indeed the same reverse design known as a " Wide AM " on the 1998-2000 coins. rather than far as they should be for that year. This is why the 1988 D is currently very rare and the 1988 P is just listed as rare. 1988 P Wide AM Lincoln Cent Value . Lincoln Cent 1988-D Wide-Am ? - Coin Community Forum 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. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! The names WAM and CLAM refer to a set of cents that the "AM" in the word AMERICA on the Reverse has either a Wide AM (WAM) or a CLose AM (CLAM). The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. These are also valuable 1998 D Lincoln Memorial Penny Coin Value Prices, Photos & Info 1998 P Lincoln Memorial Cent- "WIDE AM VARIETY" (WAM)-FS-901-Toned-Beautiful! Question About Philly/Denver Coin Distribution, 1951 S Penny - Asking For Help With Irregularities. 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. Visit to see edge, weight, diameter, auction records, price guide values and more for this coin. 1988, 1992, 1998, 1999, and 2000: Wrong design dies on cents Visit to see edge, weight, diameter, auction records, price guide values and more for this coin. In fact, most of the strange-looking coins you find that appear to have some type of error unfortunately are just showing some type of post-mint damage. At an April 5 auction, the firm sold a different example for the same amount. Please repost your question/ comment to the forum by following the link below. View cart for details. However, in top Mint State grades, nearly all circulation strike Lincoln cents are in demand from Registry Set collectors. This page was last updated: 01-May 15:52. As of the time of this writing, there are only three known examples from the Philadelphia mint and less than 15 from Denver. The valuable 1989-D copper penny weighs about 3.11 grams A normal zinc-based 1989-D penny weigh approximately 2.5 grams You can use a coin scale to see what your 1989 penny weighs, or you can try dropping it to listen for the difference: Zinc-based pennies will make a dull clicking sound when dropped on a hard surface, such as a table. I have never been able to memorize the dates of the WAMS and CAMS! 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! This doubling is usually best seen in the lettering, date, and in design details such as Lincolns eye on the 1988 penny. These 1988 no-mintmark pennies are not rare coins at all. The 1987-D Lincoln penny was struck at the Denver Mint and carries a small D mintmark under the date. The San Francisco Mint struck 4,227,728 1987-S proof pennies. It currently has a value of even more than $100.00 in AU conditions. http://varietyvista.com/01b%20LC%20arieties.htm, Question About Philly/Denver Coin Distribution, 1951 S Penny - Asking For Help With Irregularities. interest normally struck with RDV-006 instead were produced using a 1993 RDV-007 die. Off-center coins are missing anywhere from 1% to 99% of its design, an error caused by the dies being misaligned or the planchet (the blank coin) not being properly seated on the presses. \r https://www.couchcollectibles.com\r\rPO BOX 16104\rLudlow, KY 41016\r___________________________\rTWITTER: @couchcollect\rINSTAGRAM: @couchcollectibles\rFACEBOOK: @couchcollectibles\rCHANNEL: https://www.youtube.com/JCouch \r___________________________\rWelcome to Couch Collectibles formerly known as Couch Coins! When the A and the M are almost touching this is known as a Close AM. The all-time record price for a 1987-D penny was paid in 2013 when a deep-pocketed collector spent $1,998 to buy a specimen certified by Professional Coin Grading Service MS68RD. 1998 wide am penny DDOV and DDRV and ON DATE fully Red. The collectible 8+ Ounces Silver From Norway, Collection Of Coin Fold/Holder For Sale (Prefer To Sell All To One Person), For Sale: 1911 George V Coronation 8 Coin Silver Proof Set, For Sale: 5 Sovereigns; 1907, 1908 And 1910, For Sale: UK 2020 2 Silver Proof Queen's Beasts White Horse Of Hanover 1 Oz Ag, For Sale: Die Varieties Of United States Large Cents 1840-1857, For Sale: Silver Eagles, 40% Silver Kennedy's And 50 Pence, For Sale: 2023 Tuvalu Proof Baby Rabbit Colorized Perth Mint 1/2 Oz Ag 50 Cents, Coin Community Selling Rules - Updated Feb 23 2023. I have a 1992 D which looks like a close AM to me but so far nobody agrees. Brown; Red and Brown; Red; 1988-D 1C Flared G, FS-901, RD (Regular Strike) Series: Lincoln Cents 1959 to Date. The two coins had sequential PCGS serial numbers, showing that they were submitted together. So, what exactly is a WideAMand CloseAM Cent?The terms Close AM and Wide AM refer to the spacing between the letters A and M in America on the reverse of the Lincoln Memorial Cent. The most valuable 1988-D penny ever sold at auction was graded by Professional Coin Grading Service as MS68RD and fetched $1,495 in 2007. Franck, This article covers a MS 67+ Red 1911 Lincoln cent. 0 . Some Are Worth $1,000 Or More! I have personally found the 1998 Wide AM in pocket change. coins are those that deviate from the norm in the year the coin was minted. Can photos appear here? Those are the places that anyone looking for doubled dies should closely inspect on 1987 pennies. Another characteristic that is used to differentiate these rare coins from others of the same year is the distance of the reverse designers initials, FG, from the right side of the memorial. The U.S. Mint struck a limited number of special 1987 pennies for collectors who wanted extra-nice examples of the coin for their collections. Also in 1998 and 1999 some proof coins were struck with the Close AM design (using a business strike die) making them also valuable. I primarily collect and study U.S. coins produced during the 20th century. Search your pocket change enough and youre sure to find some unusual coins. Get it FREE now. Number of bids and bid amounts may be slightly out of date. Also, there is a horizontal serif on the end of the straight vertical If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. I primarily collect and study U.S. coins produced during the 20th century. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. 04-12-2023 eBay. Did you find a 1988 penny and want to know if its worth more than face value? 62 Posts. this is known as a Close AM. Vampires, Devils, Pirates and Skeletons! Thats because the way this error variety is created is when the die itself (which strikes an image onto a blank coin) receives a doubled image from the hub, where the master design comes from. Check your inbox or spam folder to confirm your subscription. Most uncirculated 1987-D Lincoln cents are worth between 10 and 30 cents. Read more in our privacy policy. 1998 Wide AM Penny Error. Something went wrong. 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 rather than far as they should be for that year. Die cuds are often worth around $100 to $200, and sometimes even more than that. The 1987 Lincoln penny was struck at the Philadelphia Mint and does not have a mintmark of any kind. Many are, thats for sure. When the A and the M are almost touching Commems Collection: What If? Also the, Thanks all for chiming in! But just you hang on wait til you see what other 1988 pennies have sold for! 1987 penny value! $27.50. ): USA Coin Book Estimated Value of 1998-D Lincoln Memorial Penny is Worth $0.34 or more in Uncirculated (MS+) Mint Condition. On October 31, 2008 bitcoin was born , US Mint sales orders have been reconciled and the 2018-W $25 Proof American Palladium Eagle is officially gone. In 2010 the Union Shield became the new reverse. Real Experiences. Very new to varieties and errors so I figured I might get some opinions here. To be clear not every odd looking 1988 penny you find is an error coin. sycojb33 (748) 100%. One of the most valuable types of die breaks is known as a die cud, which is a distinctive type of die crack that looks like a flattish, rounded mound attached to the coins rim. but not as rare as the 1992 cents. With a mintage of 5,253,740,443 pieces, a 1988-D Lincoln cent is usually anything but rare. Real People. How To Grade A Coin Yourself To Determine Its Value. Feedback. 1988 1C Flared G, FS-901, RD (Regular Strike) Lincoln Cent (Modern A 1992D Close AM PCGS AU58 recently fetched $3,550 here on eBay. 1948 Dollar - Can Anyone Grade My Purchase? Whether its an error penny, variety penny, or key date penny, the pennies worth money are often worth big money - and Im here to show you what to look for via a discussion of where the error or variety is on the coin and then close up pictures of it. Do you have a RARE WIDE AM PENNY OR CLOSE AM PENNY? WHICH COINS ARE You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. Commems Collection: What If? Welcome to my Saturday series each week highlighting a different coin you may find in pocket change or in a collection worth money. An off-center penny is one coin that will snag just about anyones attention, including the eyes of the non-collector! John Burgess Well-Known Member. Not too shabby for a penny, huh? Today, Im going to show you which 1988 pennies are worth looking for and why. An example of data being processed may be a unique identifier stored in a cookie. To start, theres no such thing as a double die. The coin shown in the photos is the exact coin you'll receive. SUPER HIGH GRADE 1998 P Lincoln Memorial Cent Wide Am Variety "WAM" FS901, 1998 Wide Am PCGS MS65RD Lincoln Memorial Cent, 1998 Lincoln Memorial Penny Error - Wide AM, 1998 WIDE AM! To determine the true value of your 1987 penny, you first need to know what condition (or grade) your coin is in. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. https://uploads.disquscdn.com/images/e1db62abb694c9b22adf982597bd06dd97c6f2dcecdd0643d546c87efd9b9951.jpg https://uploads.disquscdn.com/images/395d2b6ef8de098b5532e14fc1accc984e54fae88fa8e2ce4a9245669ffe2eca.jpg https://uploads.disquscdn.com/images/e46bf8ea2419cbe26c5789ff75386f23ebafddb3206b96208958e3eaf9a6864f.jpg https://uploads.disquscdn.com/images/389e44dc9a0c05c8105805436b1dd2f81c5d48abc1fea666bcbafecffbc36f77.jpg. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. In 1993 the mint changed to the Close AMreverse for both itsbusiness and proofstrikes. Vlad Dracula , https://www.youtube.com/channel/UCDakTK4x1zJk2p5ZXyvsDbQ, MS-67+ red 1911 Lincoln cent brings $15,243.75 at auction, BitCoin Turns 10 Years Old from NOTHING to BILLIONS. The reverse (tails side) of the 1988 penny carries an image of the Washington, D.C. monument known as the Lincoln Memorial. 1988-D Wide AM Lincoln Penny NGC MS 66 RD $320.00 Free shipping 1953 Proof Lincoln Wheat Cent Re-Engraved Die - FS-402 - NGC PF 65 RD $0.99 + $3.00 shipping 1992 D Wide AM Lincoln Cent $45.00 + $5.00 shipping Sell now Shop with confidence eBay Money Back Guarantee Get the item you ordered or get your money back. 7 valuable pennies worth up to $200,000 might be in your pocket That being said, there are no known 1988 doubled die pennies with uber-drastic doubling. Whether it's an error pen. Uncirculated 1988-D pennies are worth 10 to 30 cents each. the most valuable 1987 penny without a mint mark, Do You Have A Gold Coin Set Yet? This results in coins accidentally minted with the incoming or outgoing design. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. After examining under a magnifying glass enough times, your eye will become accustomed to the difference,and you should be able to tell which is which with the naked eye.
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