Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsSpecializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1998 WAM Lincoln, How Many Are Believed To Have Been Struck?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 15 / Views: 1,137Next Topic  
Valued Member
Scuba1's Avatar
United States
356 Posts
 Posted 02/03/2021  2:53 pm Show Profile   Bookmark this topic Add Scuba1 to your friends list Get a Link to this Message Number of Subscribers
Hello all. I was going through just another standard bank roll today and found a couple of nice ones. First was a 1956 D RPM (almost certain of it but the jury is still out....) and then this one rolled out. Thought I would post it to give some hopefully decent pictures so that new collectors can see what to look for when looking for this particular variety.
-There is a noticeable and equidistant space between the bottom of the legs of M in relation to the the A and E in AMERICA.
-The A in STATES is directly centered between the T's on a WAM. It is closer to the second T on a regular or Close AM.
-The designer's initials "FG" are positioned closer to the Memorial on a Wide AM than they are on a Close AM. Kind of backwards thinking but that's just the way it is.
I'm no expert here but just thought I'd share this info that I have learned over the years. There's a tremendous amount of info on the web, as well as this awesome community, that talks about this subject. Think of this as just a refresher course.....lol.
This is actually, and fortunately, my fourth 98' WAM find in the wild in less than a year believe it or not. I have also found one 2000 WAM but have yet to find the most elusive one of the three, the 1999 WAM. I've never looked into how many 98's are believed to exist but thought I'd ask in case anyone has ever read anything about this. When (or should I say a big "IF") I ever find a 99 WAM I'm going to call it my "Trifecta"

1998-WAM-Lincoln,-How-Many-Are-Believed-To-Have-Been-Struck?
1998-WAM-Lincoln,-How-Many-Are-Believed-To-Have-Been-Struck?
1998-WAM-Lincoln,-How-Many-Are-Believed-To-Have-Been-Struck?
1998-WAM-Lincoln,-How-Many-Are-Believed-To-Have-Been-Struck?
1998-WAM-Lincoln,-How-Many-Are-Believed-To-Have-Been-Struck?
Pillar of the Community
Rothery's Avatar
2145 Posts
 Posted 02/03/2021  3:11 pm  Show Profile   Bookmark this reply Add Rothery to your friends list Get a Link to this Reply
I don't know how many were minted but - Super nice find. Getting harder to find even the 1998 WAMs anymore.
Valued Member
Scuba1's Avatar
United States
356 Posts
 Posted 02/03/2021  3:14 pm  Show Profile   Bookmark this reply Add Scuba1 to your friends list Get a Link to this Reply
Thanks Rothery. I was starting to wonder about these 98's. I guess I have just been very lucky. Four within a year but this is the second one this week. Pretty cool. Thanks!
Pillar of the Community
Kloccwork419's Avatar
United States
1359 Posts
 Posted 02/03/2021  3:15 pm  Show Profile   Bookmark this reply Add Kloccwork419 to your friends list Get a Link to this Reply
I would say thousands. 98 and 2000 are the most common. 99 is the less common one
Bedrock of the Community
coop's Avatar
United States
62064 Posts
 Posted 02/03/2021  3:52 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Don't forget the 1998-S and 1999-S proofs with the Close AM's
1998-WAM-Lincoln,-How-Many-Are-Believed-To-Have-Been-Struck?
Pillar of the Community
United States
1590 Posts
 Posted 02/03/2021  4:14 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
It is a regional thing. It depends on where those bags were shipped new from the reserve.

For instance I have never found a 98 or 99 WAM, but I did find 2 2000s in the same handfull of change.

What that means is it is hard to give a number. In one area it might be so common that you just have to think they made a ton of them. In other areas, they are so rare that you have to wonder if they made more than a few hundred.
Valued Member
Scuba1's Avatar
United States
356 Posts
 Posted 02/03/2021  5:34 pm  Show Profile   Bookmark this reply Add Scuba1 to your friends list Get a Link to this Reply
Thank you Kloccwork, coop and jmkendall for your comments, much appreciated. Even though these cents circulate all over the county, I can see how they could be "regional" in a sense as you pointed out.
Everything I've read is that the 99 is the rarest of the three business strikes. Based on PCGS Population reports, looking only at RED examples having been submitted and me not doing the exact math, is that there have approximately been the following submitted: 400- 1998 WAM's, 150- 1999 WAM's, and over 1000- 2000 WAM's, making the 99' the rarest.
And coop, I did forget to mention the proof S mint series Close AM varieties in my original post. Thanks for bringing that up.
Pillar of the Community
Kloccwork419's Avatar
United States
1359 Posts
 Posted 02/03/2021  7:07 pm  Show Profile   Bookmark this reply Add Kloccwork419 to your friends list Get a Link to this Reply
The proof coop mentioned are even more sought after than the Wide AM. Lately ive been seeing alot of them listed on ebay.
Valued Member
Scuba1's Avatar
United States
356 Posts
 Posted 02/03/2021  8:59 pm  Show Profile   Bookmark this reply Add Scuba1 to your friends list Get a Link to this Reply
Right.
Moderator
Learn More...
nickelsearcher's Avatar
United States
15483 Posts
 Posted 02/04/2021  05:06 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Nice find and photos
Take a look at my other hobby ... http://www.jk-dk.art
Pillar of the Community
United States
4135 Posts
 Posted 02/04/2021  10:51 am  Show Profile   Bookmark this reply Add oddguy to your friends list Get a Link to this Reply
I have a 1998s proof set with a closed am penny what do you think the value is?
Valued Member
Scuba1's Avatar
United States
356 Posts
 Posted 02/04/2021  2:21 pm  Show Profile   Bookmark this reply Add Scuba1 to your friends list Get a Link to this Reply
Thanks a lot nickelsearcher, I appreciate that!
Hello oddguy. In all honesty I wouldn't have the slightest idea what your cent's value would be. There are several variables that go into coin grading. Surface preservation, Strike, Luster, etc...... and without seeing a VERY good, clear and detailed image of your coin it would be a futile attempt in assigning a grade and/or value, something which I am not even closely qualified to do. Then throw in market demand, population, etc... for a variety such as this and the possibilities are endless. I have asked this same question before in the past and pretty much received this same reply. I will add this- PCGS Photograde is a very good place to start learning what certain coin grades look like. It's best viewed on a laptop or monitor, as opposed to a phone, to really be able to see the differences in each grade. Hope this helps.
Pillar of the Community
United States
1204 Posts
 Posted 02/04/2021  4:39 pm  Show Profile   Bookmark this reply Add sheldius to your friends list Get a Link to this Reply
Great find. I got a bag of modern pennies, so hope to find one someday.
Pillar of the Community
Big-Kingdom's Avatar
United States
1667 Posts
 Posted 02/04/2021  5:37 pm  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
the 1998 is known to have a few die pairs and estimated there's over 100,000 examples of it out there, the 2000 has more identifiable die pairs than that, so it's the least rare and expected to have even more examples out there than the 1998.

the 1999 is a lot like the 1992 CAM(one die pair identified) and 92-D CAM (two die pair identified). it's suspected that the presses in 1992 used at the time at the mint was fully loaded, 4 die pairs, and test were run for the RDV-007 that would be released the next year so possibly up to 4 die pairs per mint in 1992, but maybe not.

I've found multiples of the 98 and the 2000 WAM, never the 1999. at least not yet. and never even thinking I was close on the 1992 CAMS.

and then the 1999 WAM. guessing it's not quite as bad as the 1992s, but not by much. not many have turned up to grading companies, a few hundred over all of them tops. the 1992s are less than 100 over all the grading companies.



Pillar of the Community
United States
4135 Posts
 Posted 02/04/2021  6:44 pm  Show Profile   Bookmark this reply Add oddguy to your friends list Get a Link to this Reply
thank you scuba1
Valued Member
Scuba1's Avatar
United States
356 Posts
 Posted 02/05/2021  12:12 am  Show Profile   Bookmark this reply Add Scuba1 to your friends list Get a Link to this Reply
Thank you sheldius and you're welcome oddguy.
Appreciate the feedback Big-Kingdom and we shall both keep looking for the 99 WAM!! And if I do come across a 92 CAM (after resuscitating myself) I will no doubt post it up! lol.
  Previous TopicReplies: 15 / Views: 1,137Next Topic  

To participate in the forum you must log in or register.



    




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. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.45 seconds to rattle this change. Forums