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1999 Close "Am" Lincoln Cent

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arehflorida's Avatar
United States
3 Posts
 Posted 07/04/2012  6:51 pm Show Profile   Bookmark this topic Add arehflorida to your friends list Get a Link to this Message Number of Subscribers
I found this penny among my others today. Not sure how it got there, but decided to look it up online and came across this:

The reverse of some Lincoln cents minted in 1992 at the Philadelphia and Denver mints and some of those minted in 1998 and 1999 at the San Francisco mint feature a smaller-than-normal gap between the first two letters of AMERICA. These coins, known as the Close AM variety are valued at $20,000 and $5,000 for the 1992 specimens in gem uncirculated condition and $3,000 and $1,000 for the San Francisco specimens in gem proof condition.

Here is the link

http://en.wikipedia.org/wiki/Penny_...States_coin)

In any case I am curious as to if I have this penny?

1999-Close-

1999-Close-
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nickelsearcher's Avatar
United States
15789 Posts
 Posted 07/04/2012  6:59 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
to the CCF.

Your coin is a normal business strike Philadelphia mint 1999 Lincoln Cent ... value is as stated on the reverse (back) of the coin ... 1 Cent.

The article you referenced is correct that the 1999-S, San Francisco proof strike cent is a valued variety with the Close AM reverse ... although the valuations you quoted are way overestimated.

There were over 5 billion 1999 Philadelphia mint cents struck with Close AM reverse... and your example is one of them.

Search the forum for " Close AM" and "Wide AM' and you will find plenty of follow-up reading if interested.

David
Take a look at my other hobby ... http://www.jk-dk.art
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arehflorida's Avatar
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3 Posts
 Posted 07/04/2012  7:02 pm  Show Profile   Bookmark this reply Add arehflorida to your friends list Get a Link to this Reply
Thank you very much I appreciate the help:)
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papatony's Avatar
United States
808 Posts
 Posted 07/04/2012  7:07 pm  Show Profile   Bookmark this reply Add papatony to your friends list Get a Link to this Reply


I believe you read something in error. The only Close AM is the 1992 that is rare. 1998,1999, and 2000 you are looking for Wide AM. The coin you have is a Close AM but it is a 1999 minted in Philadelphia. It would be the 1998-S, and 1999-S (San Francisco Mint)that would be the Close AM referred to in that information. Sorry. Keep looking and posting, we all have a learning curve here!! There are many pros on this forum.I am not one..lol

The following line was just below what you posted in that link

Quote:
The reverse of some Lincoln cents minted in 1998, 1999, and 2000 in Philadelphia feature a larger-than-normal gap between the first two letters of AMERICA. These coins, known as the Wide AM variety are valued at $10, $500, and $5, respectively, in gem uncirculated condition.
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arehflorida's Avatar
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3 Posts
 Posted 07/04/2012  7:09 pm  Show Profile   Bookmark this reply Add arehflorida to your friends list Get a Link to this Reply
Thank You:)
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