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Replies: 19 / Views: 3,513 |
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New Member
United States
17 Posts |
Good afternoon to everyone. I purchased some uncirculated S proof pennies the other day. As I was going through them I think I may have found a 1998-S Lincoln Cent with the Close AM. The coin also has the far away FG initials and is missing the - at the end of the G in the initials. I have attached photos for review, if anyone could confirm or deny what I am thinking I would really appreciate it. If it is a Close AM all I have to do is decide to keep it or sell it. Thanks again.     
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Pillar of the Community
United States
3281 Posts |
The valuable one, and the one you should be looking for, is the Wide AM. You should only be looking for the Close AM on the 1992 cent.
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New Member
 United States
17 Posts |
Hi, originally that is what I thought. However, I have a dozen or so Wide AM versions they are all over the place. On ebay and other sites it shows the Close AM version as being the expensive on as well, the PCGS price guide says the closa AM is the one to collect and not the wide. This is making me crazy, more internet reading this weekend I guess. Thanks again for your reply. Have a great night.
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Valued Member
Canada
195 Posts |
My understanding is the Close AM on the proofs are also a mistake and collectable. The Close AM was intended for circulation strikes. But I have been wrong before.
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New Member
 United States
17 Posts |
Hi, Yes, it is a proof from the SF mint, that would have been an important fact for me to have put in my description. Sorry about that.
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Pillar of the Community
 United States
900 Posts |
I have no experience in these, but it sure looks close to me. Quote:Lincoln Cent ResourceThe following is a list according to rarity of all known abnormalities, the 1992 Close AM being the scarcest. This list does not include the other know transitional reverse varieties, such as the 1988 P & D RDV-006. 1. 1992 Close AM - extremely rare 2. 1992 D Close AM3. 1998 S Close AM4. 1999 S Close AM5. 1999 Wide AM6. 1998 Wide AM7. 2000 Wide AM - least rare It seems as though the 98 & 99 S proofs are rare in the Close AM variety, while the 98 & 99 business strikes are rarer in the Wide AM.
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New Member
 United States
17 Posts |
Hi, Thanks, I like the list you sent. Now, I can try and figure out which ones I want to try and collect first. Thanks again.
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Pillar of the Community
United States
4402 Posts |
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Bedrock of the Community
United States
74189 Posts |
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Pillar of the Community
 United States
8938 Posts |
Awesome find!
SilverCents, it's opposite of the business strikes on the proof versions.
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Pillar of the Community
United States
3003 Posts |
Congratulations!!  For more info see go to DOUBLEDDIE.COM and click on TRANSITIONAL DESIGNS.
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New Member
 United States
17 Posts |
Thanks everyone for letting me know, so far the best coin I have found. Here's to more finds through the years.
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Pillar of the Community
United States
2624 Posts |
Nice find Kmrakid.  to the community.
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Pillar of the Community
United States
3281 Posts |
Sorry fellas, I was rushing that post, had to eat dinner, dang...I feel like an idiot right now. If I'm going to be honest I completely forgot about the proofs having a different strike.
Lesson learned folks, don't rush yourself when your dealing with coin errors!
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Bedrock of the Community
United States
62064 Posts |
Looks like a great coin. I'm not sure what they are going for now days, but at first they were crazy money. Keep that one safe and free of finger prints.
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Pillar of the Community
United States
2624 Posts |
Several sold on ebay $269- $400 slabbed.
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Replies: 19 / Views: 3,513 |