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My First Wide A M!

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 Posted 09/28/2010  10:48 pm  Show Profile   Bookmark this reply Add jnesbitt82 to your friends list
Congrats!
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 Posted 09/28/2010  11:01 pm  Show Profile   Bookmark this reply Add legend to your friends list
Great find. This is the Striated version, with deep die gouges through E Pluribus Unum. Also if you will note under the first dot to the left of UNUM there is what appears to be a die clash. The 1999 Wide AM also has as part of it's variety this feature, which makes it a 1999 WAM/ with the WAM Reverse of 1998. Your 2000 with that die clash is one of only five I know of. It has the reverse with that same die clash which is on the 1999. Apparently, that one reverse die was used from 1998 THROUGH 2000. I am the only one who has posited this, and I have yet to have this anomaly verified by an authenticator, but that small die clash under E Pluribus Unum is on 1998, 99 and 2000 WAM Memorials. I only found four, so good find locating a fifth. Once I get all mine authenticated, then I can compare notes. I have over 400 year 2000 Wide AM. I bought every roll I could find. The neat thing is that they are spread over at least 17 die pairs, according to Billy Crawford, so even though you have a Wide AM from one of the three years, you could have one of a much smaller subset die pair. The 1999 WAM Dies have only 4 (four) known pairs according to Billy. Less than 100 known total, closer to 50. The WAM are the key to modern Memorials. I will post some here, once I get to my Safe Deposit box.
Good find, once again.
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 Posted 09/29/2010  08:57 am  Show Profile   Bookmark this reply Add AGCoinHunter to your friends list
legend, can you expound on your knowledge of the W-AM's. I collect them too and would be interested in the different varieties. I have yet to look very close to any of the ones I have found other than to verify that they are WAM's.
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 Posted 09/29/2010  11:09 am  Show Profile   Bookmark this reply Add amassey08873 to your friends list
Congratz! I'm just getting started. Been collecting now for about a year and a half. Just started to really search out Errors, Die Varieties. I've been saving all my pocket change for the last year and a half after I looked in a Red Book LOL. Glad to see their still some out their. Quick question if you don't mind how do you separate you cents. I'm keeping mine in a cut milk jug. I've tried to take out really bad ones but they seem to still get worst and worst.
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 Posted 09/29/2010  2:06 pm  Show Profile   Bookmark this reply Add carmykle to your friends list
I'm so jealous! One of us on the forum has found a bunch of em.

"Been lookin....and....lookin....and....lookin; Nada!"
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 Posted 09/29/2010  2:48 pm  Show Profile   Bookmark this reply Add andrewjconners to your friends list
can you please explain this? I dont understand?
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 Posted 09/29/2010  6:22 pm  Show Profile   Bookmark this reply Add jakeW to your friends list
Amazing! I had no idea there were vareties to the WAMs. Thank you all for the congrats and the great info.
Also Legend, if you do get your authentication done please let me know the results.
Edited by jakeW
09/29/2010 6:27 pm
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 Posted 09/29/2010  6:25 pm  Show Profile   Bookmark this reply Add wolf-n-wa to your friends list
Gonna have to check mine closer I guess. Way to go on this find Jake. WOLF
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 Posted 09/29/2010  8:04 pm  Show Profile   Bookmark this reply Add legend to your friends list
Okay I'll go pull my inventory and post pics. These are truly fun to collect. I think less than 50 folks I know of actually pulled theirs from circulation. Most ones I have were from dealers who pulled theirs from bags while searching. I have only ever pulled ONE out of circulation. Lots were found in the midwest, some in North and South Carolina. Mainly these were located in Illinois finds. Never heard of a D Wide AM, and when one is found, it'll be steep.

There are some die crack issues over the top right of the memorial. There is a progressing die crack over the left memorial which eventualizes into a full-on die fill. Three of the die fills known. The Cheerios Wide AM's are quality, but little reported. Looks like junior went to the bubble gum machine.

I don't put much stock into many being in Cheerios.
As far as the speed of the presses is concerned:
The 1999 Wide AM, to produce only fifty, would be run for approximately one second with the new presses.
Starting thought. Then consider there are four die pairs: leaving one to wonder. Did the pressman actually strike these one at a time? I have often thought: if these were one at a time, then the operator would be potentially on an older press. A manual press, off to the side, normally used for other issues. Or a press not used for some time: maybe a press from the first strikes in the early 1900's. Say, THE ACTUAL press used on 1909 strikes. That's what I arrived at when considering how to slow the process enough to press these one at a time, changing the die pairs after ten or so, which is exactly what happened on the 1999 strikes. Had to be a slow motion process. Like the old days.
I count less than a thousand year 2000 WAM, more like 500 or so. The 1998 falls somewhere in between.
Eventual price levels on these is catching up to where I see it landing. That price is greater than the 1922 price range.
I see these prices as less than the 1988 RDV, though. One day those are going to be 1916-D Mercury dime Gem BU prices. Five and six figure prices. The 1992 Near AM will forge ahead of all of these issues. Only the wealthy will own those.
I am a collector since 1972.
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 Posted 09/30/2010  7:07 pm  Show Profile   Bookmark this reply Add BadThad to your friends list
CONGRATS! It's a big deal finding your first one.....and it's a nice one too!
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 Posted 09/30/2010  7:38 pm  Show Profile   Bookmark this reply Add afcop13 to your friends list
Congrats - and thanks Legend for your insights on these. I've found 5 this year, three 2000 and two 1998. I had no idea there were varieties......more to learn!

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 Posted 10/01/2010  09:30 am  Show Profile   Bookmark this reply Add AGCoinHunter to your friends list
Legend, are you speaking specifically of just this variety or of all 2000 WAM's? I find the 2000 are way less common than the 1998's. I have yet to find a 1999. And less than a thousand 2000 in the wild? That would be quite a rarity.
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 Posted 10/01/2010  3:06 pm  Show Profile   Bookmark this reply Add legend to your friends list
Yep, folks, the Wide AM's-all of them-are really tough. Considering that everyone needs one of each for a holder, prices are going to skyrocket. I have been saying this since 2004, but right now is when folks are getting it. Less than 100 1999 Wide AM Cents. Read it again.
Less than 100. It is startling. In the early years after the first discovery, I would ask individual sellers if they had rolls. I have spent over five thousand dollars buying completed rolls, right out of bags, One seller would not budge under 600, and I bought it too. That was four years ago. I see some MS 67 on ebay from time to time. 67 may be the best there are, you should be on a 67 on ebay like white on rice. And the 1999's for 700 bucks, those will be several thousand, and not too far off. Once this country rebounds, and more collectors can afford sets, the Wide AM's are going to dry up. Consider that people hoarded Gem BU 1909 S VDB's, and there were four hundred THOUSAND of those. They sell for 5,000 dollars for a true 66 example. Not some slider, but a dead-on 66.
I am just waiting to see the prices rise. I have considered selling sets of the four major reverse die pairs. Pretty to see. My wife loses patience with my selling-or lack of it. I have one item on ebay. That's it. It's not a WAM.
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