This variety has sometimes been unfortunately called the 1988 Wide AM even It currently has a value of even more than $100.00 in AU conditions. The other way to tell them apart is to look at the distance between the initials FG and the base of the Lincoln Memorial. Those are the places that anyone looking for doubled dies should closely inspect on 1987 pennies. The total output of 1988 pennies from the Philadelphia Mint was a whopping 6,092,810,000 coins and many of these still turn up in pocket change today. The most valuable 1987-S penny ever sold at public auction was graded by Professional Coin Grading Service as PR70DCAM. Please repost your question/ comment to the forum by following the link below. 1988 Penny Reverse of '89 Transitional Error Transitional errors happen when a coin's design, font, style, or metal composition is about to change e.g. Welcome to my Saturday series each week highlighting a different coin you may find in pocket change or in a collection worth money. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. 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. Post Your Most Recent Canadian Coin Purchases! 2: 1959-1996: 1988-D 1c RDV-006, Die 1 of 3: Description: A RDV-006 (wide AM, flared designer's initials) die was used to strike this 1988-D cent. 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. While not necessarily rare, the BIE error is unique to Lincoln pennies. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! A total of 4,682,466,931 were made making this coin extremely common. Free shipping Sponsored. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. For proof coins in 1994 the mint reverted back to the Wide AM design so that proofs and business strike coins up to 2008 have the opposite design on the reverse sides. 1988 1C Flared G, FS-901, RD (Regular Strike) Lincoln Cent (Modern 1988 P Wide AM Lincoln Cent Value . These are 1988 coins with the transitional year reverse of 1989. Brown; Red and Brown; Red; 1988-D 1C Flared G, FS-901, RD (Regular Strike) Series: Lincoln Cents 1959 to Date. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. These are just some of the spooky, scary coins Shire Post Mint has created over the years! However, the most valuable 1988-S penny ever sold was graded by Professional Coin Grading Service as PR70DCAM and took $1,438 in 2004. This page was last updated: 01-May 15:52. Searching for Rare Bank Notes and Fancy Serial Numbers, Bitcoin Cash Price Climbs 11% to Hit 2-Month High, 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. Continue with Recommended Cookies. Die breaks and die cracks are usually collectible varieties that are worth about $3 and up. Although, I can't confirm it 100 percent, since the picture is too blurry. As of the time of this writing, there are only three known examples from the Philadelphia mint and less than 15 from Denver. These are rare and valuable. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. 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. Appreciate your time. The Top 23 Rare Lincoln Memorial Penny Values - U.S. Coins Guide 1988-D 1988 D Lincoln Memorial Cent Copper Plated Zinc Penny Mintage: 5,253,740,443 Minted at: Denver Designer - Engraver: Frank Gasparro Metal Composition: 97.5% Zinc - 2.5% Copper after 1982 Diameter: 19 mm Mass / Weight: 2.5 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. These were all sold in 1987 proof sets, which also contain proof examples of other 1987 coinage. View More Images . 1982 Washington quarter looms large in the modern market, 'First Strike' designation gives 1997 American Eagle gold bullion coin a boost at auction. The consent submitted will only be used for data processing originating from this website. $467.50 The Story With a mintage of 5,253,740,443 pieces, a 1988-D Lincoln cent is usually anything but rare. Top 12 How Much Is A 1988 Wide Am Penny Worth 31 Most Correct Answers Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. For Sale: France Napoleon I 20 Gold Francs 1811-W, For Sale: Stackers Delight! Which coins are valuable? These 1988 no-mintmark pennies are not rare coins at all. The Denver Mint produced a lot of pennies in 1988 5,253,740,443 of them! The U.S. Mint tagged the coins product page with Sold Out. (See photos of the proof coin.) 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. interest normally struck with RDV-006 instead were produced using a 1993 RDV-007 die. 1988 Wide Am Penny Worth. Chris, Not sure what the spots are maybe Die Pitting? If you watch, you may find pennies worth big money after cherrypicking.This specific video is about 1988-D pennies worth money - these 1988-D repunched mint mark error coins can be worth $45 or more in the right condition! Then there is the BIE penny error. 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 1988 penny without a letter (a.k.a. 1989 1C, RD. Posted 10/30/2018 12:54 am . The obverse (heads side) of the Lincoln penny was designed in 1909 by Victor David Brenner, whose initials VDB are seen just under Lincolns bust on the coin. I have a 1997 D Lincoln penny thats maybe a die cast error? 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. The San Francisco Mint made 3,262,948 1988-S pennies with the S mintmark, and all were sold to collectors in these special proof sets. 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. To determine the true value of your 1988 penny, you first need to know what condition (or grade) your coin is in. Not all pennies are created equal. 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. The consent submitted will only be used for data processing originating from this website. Do you have a rare wide am penny or close am penny? We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 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. The Top 16 Most Valuable Pennies. Check your inbox or spam folder to confirm your subscription. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. 1948 Dollar - Can Anyone Grade My Purchase? Commems Collection: What If? rather than far as they should be for that year. 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. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. 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. The 1988-D penny was struck at the Denver Mint and bears a D mintmark under the date declaring its origin in the Mile High City.. A conditionally rare 1988-D Lincoln cent graded MS-68 red sold for $467.50 at a May 24 GreatCollections.com auction. Armed with a 8x loop and Cherrypickers book (an old 5TH edition) I set out to find the 1970 S FS-101. Nevertheless, this late transitional error is a rare and highly collectible piece that's worth big bucks! The terms generally refer to the different die varieties of 1992, 1998, 1999 and 2000. Copyright 2017-2023, lincolncentcollection.com, All Rights Reserved. 1988-S Penny Value Virtually every year, the United States Mint makes a small number of collector-edition proof coins that have high-quality, mirror-like finishes. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. This is why the 1988 D is currently very rare and the 1988 P is just listed as rare. According to variety vista there's 7 identifiable dies by markers for 1988P and 3 for 1988D. 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. John1, I think he meant RDV-005 and RDV-006 for 1988. The 1988 with reverse of 1989, and the 1998-2000 "Wide AMs" are all RDV-006. When the A and the M are almost touching this is known as a Close AM. 1988 Lincoln Memorial Penny Error Coins for sale | eBay To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. 1992 Lincoln Penny Sells for Over $20,000 - The Spruce Crafts the most valuable 1987 penny without a mint mark, Do You Have A Gold Coin Set Yet? 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. But in most cases, the valuable doubled dies are those that show drastic doubling that can be seen with the naked eye. Opens in a new window or tab. Phantom 1938 Greenbrier County, WV, Continuing List To Show Everyones Latest Acquisitions, 2023-P Lincoln Cent Obverse Retained Die Breaks. Just remember the opposite will be true for the initials and the AM. Manage Settings The 1998 being the rarer of the two, generally selling in the $300 range, and the 1999S around $100. 1998 Wide Am PCGS MS65RD FS-901 Lincoln Memorial NO RESERVE VALUE JUST WENT UP. The San Francisco Mint struck 4,227,728 1987-S proof pennies. We and our partners use cookies to Store and/or access information on a device. The collectible That being said, there are no known 1988 doubled die pennies with uber-drastic doubling. 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. 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. anniversary of the Lincoln cent. 1992 D Lincoln Penny, Wide "AM" MS65RD NGC | eBay With a mintage of 5,253,740,443 pieces, a 1988-D Lincoln cent is usually anything but rare. These are also valuable Close AM / Wide AM The 1988 D RDV-006 FS-901 is much more scarce than the Philly example. The 1998 being the rarer of the two, generally selling in the $300 range, and the 1999S around $100. Feedback. but not as rare as the 1992 cents. It took 0.28 seconds to rattle this change. In 1993 the mint changed to the Close AMreverse for both itsbusiness and proofstrikes. Certification Agency: Raw / Unspecified. This is due to the die being impressed twice and at slightly different angles or directions in a device known as a hub which helps create the dies that strike coins. 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. Coins Found in Pocket Change. 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. ): 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. While only a relatively small number of 1987-S pennies were made, they are in plentiful supply among collectors and can usually be bought from a coin dealer for $1 to $3 each. In 1993 the reverse side design of both business strikes and proof coins transitioned from the Wide AM as normally found on 1992 and prior cents to a Close AM design. Lincoln Cent 1988-D Wide-Am ? - Coin Community Forum 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. Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! 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. In fact, billions were made! The Close AM variety will have wide initials, whereas the Wide AM variety will have close initials. I'm sharing this collecting experience with others through educational videos on YouTube. CHECK OUT COINS FOR SALE IN THESE POPULAR CATEGORIES, Common 1988-D Lincoln cent valuable at MS-68 red: Market Analysis, 2023 Amos Media Company. 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.. 1998 Lincoln cent penny wide AM misaligned error coin, 1998 P Lincoln Memorial Cent Wide Am Variety "WAM" Nice Coin. I recently found a 1996S Lincoln penny with a WIDE AM . Can photos appear here? 1988-D 1C Flared G, FS-901, RB (Regular Strike) - PCGS Welcome to my Saturday series each week highlighting a different coin you may find in pocket change or in a collection worth money. 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. I pretty much was ignorant my first quarter million I searched ( I'm referring here to myself not anyone else) I was too cheap to buy the reading materials and too sure of myself to bother seeking others help. Is anyone know the value and please give me a advise!? The 2013 Redbook values the 1999 at $500, 1998 at $25, and 2000 at $20. Dies are prone to aging, and at some point they often begin cracking. $2,600 Read More , Initiative Q | The Next BitCoin? You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. The 1987 Lincoln penny was struck at the Philadelphia Mint and does not have a mintmark of any kind. The 1987-D Lincoln penny was struck at the Denver Mint and carries a small D mintmark under the date. Treasure Town 124K subscribers Join Subscribe 1.1K Share Save 54K views 3 years ago Welcome to my Saturday series each week. 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. http://varietyvista.com/01b%20LC%20arieties.htm, Question About Philly/Denver Coin Distribution, 1951 S Penny - Asking For Help With Irregularities. 1987-S Proof Penny Value Free Shipping. After awhile you will know the RDV's like simple addition. In comparison to all copper-zinc pennies..the color is gold on both sides,Im wondering if its worth submitting to get graded. this is known as a Close AM. Most uncirculated 1987-D Lincoln cents are worth between 10 and 30 cents. But it might just be the new Bitcoin. The 1988 cents of interest normally struck with RDV-005 instead were produced with a 1989 RDV-006 die. $150.00. At MSRB even they can easily earn around $180.00 and are authenticated. However a few 1992 cents were produced with the newer Close AM design of 1993 instead. $27.50. Real People. See each listing for international shipping options and costs. The Close or Wide AM refers to the distance between the A and the M in AMERICA on struck coins. 1988 Lincoln Pennies Worth Money - Here's What Collectors Are Paying A Fortune For! The 1943 bronze Lincoln cent attracted nearly 30 bids and sold for. Im the Coin Editor here at TheFunTimesGuide. Do you have a rare wide am penny or close am penny? \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! Copyright 2022 2023 Variety & Errors | Powered by Astra. Lincoln Cent (Modern) Type 4, Memorial Reverse (Zinc) 1988-D 1C, RD; 1988 1C, RD. We and our partners use cookies to Store and/or access information on a device. 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). 1988-D 1c RDV-006, Die 1 of 3. But just you hang on wait til you see what other 1988 pennies have sold for! It is in extremely nice condition & actually looks better that the ones Ive seen graded at MS67. Then in 1994 the mint changed once more and began to produce all business strikes with Close AMs, while using the Wide AMs on all proofs, until the coins last year of production in 2008. 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. When the A and the M are almost touching Not too shabby for a penny, huh? This post may contain affiliate links. The modern segment of the U.S. coin market continues to grow, and a large part of the demand is being driven by third-party grading services including Professional Coin Grading Service and Numismatic Guaranty Corp. 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. 1988 P Wide AM Lincoln Cent Value - Coin Community Forum It was graded by MS68RD by Professional Coin Grading Service and sold at auction in 2008 for a whopping $546! Phantom 1938 Greenbrier County, WV, Continuing List To Show Everyones Latest Acquisitions, 2023-P Lincoln Cent Obverse Retained Die Breaks. The Lincoln Cent Doubled Die Book Vol. 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! 1985 Possible Broadstrike, I'mnew To This.please Help! BUY AND SELL COINS SAFELY AND WITH CONFIDENCE. Commems Collection: What If? 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 Related Coins all share the same Category, Prefix, and Major Variety as this Coin. 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. 90s Transitional Error! Doubled dies may be among the most valuable 1987 penny errors. sycojb33 (748) 100%. But there are still plenty around for collectors today! Have A 1989-D Penny Or A 1989-S Penny? What About A 1989 Penny With No The Close or Wide AM refers to the distance between the A and the M in AMERICA on struck coins. The next rarest is the 1998S and 1999S Proof Strike Close AM variety. 1998 P Lincoln Memorial Cent- "WIDE AM VARIETY" (WAM)-FS-901-Toned-Beautiful! Most of these obscure but still highly collectible 1988 doubled die pennies are worth between $20 and $50. In just four months, the payment system of the future has built a network of nearly three million adopters by , Check out these great Halloween Coins in this full color gallery. If you buy thru these links, we may earn a commission at no additional cost to you. 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 1992 cents of 1988, 1992, 1998, 1999, and 2000: Wrong design dies on cents We do our best to provide precise spot prices; however, during times of market . Best of luck finding one of these awesome 1988-D pennies. Reported by: Steven Bingham Something went wrong. 1988 d penny wide AM with bubble | Coin Talk Real People. The most valuable 1988 Lincoln penny was graded by Professional Coin Grading Service as MS68RD and traded for $881 in a 2014 auction. 1992-D Lincoln Cent Close AM Variety Compared to the Wide AM Reverse . It should be noted that doubled die coins are not coins that were struck twice on the press, though! 1998 Wide AM Penny Error. Heres a rundown of the 1988 error pennies you are most likely to find in spare change and what theyre worth: It seems a lot of people have heard about double die pennies because theyre often worth lots of money. Email System Seems To Be Down At The Moment. Some 1988 Lincoln cents are worth hundreds, even thousands of dollars. Author: Replies: 8 / Views: 7,309 : gabe999. 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. How Much Is a 1957-D Wheat Penny Worth? Read More , Halloween Coins Gallery with Colored Photos Read More . Im the Coin Editor here at TheFunTimesGuide. For Sale: France Napoleon I 20 Gold Francs 1811-W, For Sale: Stackers Delight! Continue with Recommended Cookies. A handful of 1987 Lincoln cents are worth much more with the nicest examples selling for hundreds of dollars! 1989-D Bronze Penny Value: $3,000+ How did a bronze planchet end up in the penny presses at the Denver Mint some seven years after the last regular-issue bronze pennies were struck there? Uncirculated 1987 pennies (those with no wear) are generally worth 10 to 30 cents. The coin shown in the photos is the exact coin you'll receive. Number of bids and bid amounts may be slightly out of date. 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. Do you have a RARE WIDE AM PENNY OR CLOSE AM PENNY? WHICH COINS ARE How can you tell rare 1987 pennies that are worth thousands of dollars from those that are only worth face value? The 1987-D penny, like its counterpart from Philly, is a highly common coin. Manage your Portfolio from anywhere, look up coins with a scan, buy/sell/trade and more. Gabe an undamaged raw AU 1988 reverse die variety 006 also known as FS-901 currently sells around $25.00 -$40.00. 1988-D Penny Worth Money - How Much Is It Worth and Why? PCGS MS66RD. We look at the coin prices for these rare pennies that you should be looking for in your pocket change.
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