To be clear not every odd looking 1988 penny you find is an error coin. Appreciate your time. While not necessarily rare, the BIE error is unique to Lincoln pennies. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). The 1943 bronze Lincoln cent attracted nearly 30 bids and sold for. These are 1988 coins with the transitional year reverse of 1989. Come along and join me on this exciting journey by subscribing right now as we look at the most valuable toy collectibles and rare coins that you could find at yard sales, flea markets and garage sales!\r\rMUSIC USED ON CHANNEL CREATED BY: Alan Walker, Kevin MacLeod, Marcus, Maxzwell, Doc Hollywood, Breakfast at Tiffanys Instrumental, Party Drug Instrumental, Partner In Crime Instrumental.\r\rDISCLAIMER: Some non affiliate links may have been used throughout the video creation process of this content.\r\r#CoinCollecting #Penny 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. 1988-D Penny Worth Money - How Much Is It Worth and Why? 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. 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. MS-67+ red 1911 Lincoln cent brings $15,243.75 at auction Read More , BitCoin Turns 10 Years Old from NOTHING to BILLIONS Read More , US Mint Sales | Proof Palladium Eagle Coin SOLD OUT! Read More , Initiative Q | The Next BitCoin? Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. The valuable 1989-D copper penny weighs about 3.11 grams A normal zinc-based 1989-D penny weigh approximately 2.5 grams You can use a coin scale to see what your 1989 penny weighs, or you can try dropping it to listen for the difference: Zinc-based pennies will make a dull clicking sound when dropped on a hard surface, such as a table. 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. How To Grade A Coin Yourself To Determine Its Value. 04-29 1:14 AM EDT. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. I personally find this method unnecessary and more difficult than the first. The space between the "A" and "M" is the area in question. In 2010 the Union Shield became the new reverse. Authenticated and graded by a, PCGS seems to have started that incorrect name several years ago as they slabbed the 1988 RDV's as "1988. "GREAT DETAIL'S" WOW-FREE SHIPPING! The coin was reported to have a 50 degree rotational die error reverse and be of the Wide AM variety. The collectible The only reason I thought to check was because the, The point CrazyB0 is trying to get across about the 1988-P & D reverse design varieties is correct, but the scarce varieties for the two (reverse of 1989) are indeed the same reverse design known as a ". Here are three low population modern issues that recently brought exciting prices in auctions. It was a variety, just a standard issue variety. 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! Email System Seems To Be Down At The Moment. These are also valuable Modern proofs, such as the 1987 penny, are made on special high-tonnage presses that strike the coin usually twice (or even more) to produce a coin of outstanding quality and with exquisite detail ensuring that every part of the design appears. After awhile you will know the RDV's like simple addition. 8+ Ounces Silver From Norway, Collection Of Coin Fold/Holder For Sale (Prefer To Sell All To One Person), For Sale: 1911 George V Coronation 8 Coin Silver Proof Set, For Sale: 5 Sovereigns; 1907, 1908 And 1910, For Sale: UK 2020 2 Silver Proof Queen's Beasts White Horse Of Hanover 1 Oz Ag, For Sale: Die Varieties Of United States Large Cents 1840-1857, For Sale: Silver Eagles, 40% Silver Kennedy's And 50 Pence, For Sale: 2023 Tuvalu Proof Baby Rabbit Colorized Perth Mint 1/2 Oz Ag 50 Cents, Coin Community Selling Rules - Updated Feb 23 2023. The 1987 Lincoln penny was struck at the Philadelphia Mint and does not have a mintmark of any kind. 1992-D Lincoln Cent Close AM Variety Compared to the Wide AM Reverse . Chris, Not sure what the spots are maybe Die Pitting? These firms have Registry Set programs that allow collectors to place their coin sets in competition with other collectors and First Strike and Early Release programs that acknowledge coins released by the U.S. Mint during the first 30 days of a coins issue. Most are made without errors, but nobody is perfect not even the folks at the world-class United States Mint. Top 10 Most Valuable U.S. Doubled die penny errors contain doubling of some part of the coins design and/or lettering. Continue with Recommended Cookies. Also, there is a horizontal serif on the end of the straight vertical The interest in this is that there are rare instances where, in a particular year, the spacing on a small number of coins is different from the spacing on the vast These are just some of the spooky, scary coins Shire Post Mint has created over the years! Its existence was never authenticated by a third party grading service, and its current whereabouts is unknown. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Coins Found in Pocket Change. Did you find a 1988 penny and want to know if its worth more than face value? 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. interest normally struck with RDV-006 instead were produced using a 1993 RDV-007 die. Halloween Coins Gallery with Colored Photos, Coin News, Currency Price Guides and More, INK ERROR FOUND!?! If youd like to start searching for valuable penny errors, these 1987 error pennies are definitely worth looking for: One of the most popular errors is the double die penny (more correctly known as the doubled die penny). 1998 P wide am penny with some natural toning. As of the time of this writing, there are only three known examples from the Philadelphia mint and less than 15 from Denver. Visit to see edge, weight, diameter, auction records, price guide values and more for this coin. Not all pennies are created equal. 1998 P Lincoln Memorial Cent - Wide AM - FS 901 - 5 Photos! The Close or Wide AM refers to the distance between the A and the M in AMERICA on struck coins. Feedback. 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. 1985 Possible Broadstrike, I'mnew To This.please Help! 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! The coin shown in the photos is the exact coin you'll receive. Die breaks and die cracks are usually collectible varieties that are worth about $3 and up. I would like to send you some pics of this coin and ask for your opinion before I try to get it graded. An off-center penny is one coin that will snag just about anyones attention, including the eyes of the non-collector! Whether it's an error pen. 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.. 1988 wide am penny. I have a 1997 D Lincoln penny thats maybe a die cast error? $2,600 Please repost your question/ comment to the forum by following the link below. The typical weight of a 1987 penny is 2.5 grams though heavily worn 1987 pennies will tend to weigh slightly less. 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. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. 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. Best of luck finding one of these awesome 1988-D pennies. 1948 Dollar - Can Anyone Grade My Purchase? Im the Coin Editor here at TheFunTimesGuide. Those are the places that anyone looking for doubled dies should closely inspect on 1987 pennies. Have Any 2001 Pennies? 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! The Top 16 Most Valuable Pennies. However, 1988 Lincoln cents that are uncirculated are generally worth 10 to 30 cents apiece. ***Primary Source(s): http://varietyvista.com***Social Media Links (Website, Instagram, Facebook, Twitter, More):https://linktree.com/treasuretownActive Affiliate Links - Purchase Items Through Them To Support Treasure Town:https://linktree.com/treasuretownaffiliatesLinks to Sources I Use (PCGS, Heritage, VV, eBay, More):https://linktree.com/treasuretownsources***All materials in these videos are used for educational purposes to inform and build community around coins, and fall within the guidelines of fair use. Opens in a new window or tab. Something went wrong. Sometimes its not so easy to tell rare pennies apart from common ones unless you know what youre supposed to be looking for! This post may contain affiliate links. Franck, This article covers a MS 67+ Red 1911 Lincoln cent. 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. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). Do You Have A 1991 Penny? It Could Be Worth More Than $5,000! The 1988 cents of interest normally struck with RDV-005 instead were produced with a 1989 RDV-006 die. coins are those that deviate from the norm in the year the coin was minted. The consent submitted will only be used for data processing originating from this website. For Sale: France Napoleon I 20 Gold Francs 1811-W, For Sale: Stackers Delight! mintmark) under the date was struck at the Philadelphia Mint. That's perhaps a mystery for the ages. The Lincoln Cent Doubled Die Book Vol. Email System Seems To Be Down At The Moment. Lincoln Memorial cents feature the word AMERICA on the reverse. These were all sold in 1987 proof sets, which also contain proof examples of other 1987 coinage. The 1988 Lincoln Memorial cent saw more than 11 billion examples struck. They differ in Suffix, Minor Variety, and Die Variety only. 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. To determine the true value of your 1988 penny, you first need to know what condition (or grade) your coin is in. 1988-D 1c RDV-006, Die 1 of 3. Vlad Dracula , https://www.youtube.com/channel/UCDakTK4x1zJk2p5ZXyvsDbQ, MS-67+ red 1911 Lincoln cent brings $15,243.75 at auction, BitCoin Turns 10 Years Old from NOTHING to BILLIONS. 1998-P "WIDE AM " Lincoln Memorial Cent and doubled 8 on the date! 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. Lincoln Cent (Modern) Type 4, Memorial Reverse (Zinc) 1988-D 1C, RD; 1988 1C, RD. PCGS MS66RD. 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. 1998 wide am penny DDOV and DDRV and ON DATE fully Red. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! 1988's FG is supposed to look like the below which is RDV-005: the variety has the reverse of RDV-006 that was meant for the 1989 reverse and looks like the below: Yes, you read that correctly, more than 5.25 billion pennies, with a B! This variety has sometimes been unfortunately called the 1988 Wide AM even 1988 pennies are made from a copper-coated zinc composition. Seller: upnorthcoins. Author: Replies: 8 / Views: 7,309 : gabe999. Commems Collection: What If? Thats because the way this error variety is created is when the die itself (which strikes an image onto a blank coin) receives a doubled image from the hub, where the master design comes from. Learn more Seller information ): USA Coin Book Estimated Value of 1998-D Lincoln Memorial Penny is Worth $0.34 or more in Uncirculated (MS+) Mint Condition. The U.S. Mint struck a limited number of special 1987 pennies for collectors who wanted extra-nice examples of the coin for their collections. Most of these obscure but still highly collectible 1988 doubled die pennies are worth between $20 and $50. raro_3301 (31) 100%. Number of bids and bid amounts may be slightly out of date. Uncirculated 1988-D pennies are worth 10 to 30 cents each. Posted 08/27/2017 9:09 pm. However, the most valuable 1988-S penny ever sold was graded by Professional Coin Grading Service as PR70DCAM and took $1,438 in 2004. Welcome to my Saturday series each week highlighting a different coin you may find in pocket change or in a collection worth money. The reverse (tails side) of the 1988 penny carries an image of the Washington, D.C. monument known as the Lincoln Memorial. But the vast majority of doubled die coins show only very minor doubling and it may only be clearly seen with the aid of a coin magnifying glass. And the record price? 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. As more of these coins go to grading services, the population numbers for these conditionally rare issues will increase, but the number of collectors interested in these condition rarities may also increase. though a Wide AM is normal for that year. Free Shipping. Just like their same-year counterpart pennies from the City of Brotherly Love, 1988-D pennies are worth face value if worn, or 1 cent. Although, I can't confirm it 100 percent, since the picture is too blurry. 1988 Lincoln Pennies Worth Money - Here's What Collectors Are Paying A Fortune For! If you buy thru these links, we may earn a commission at no additional cost to you. still has good red color. majority of regular coins struck in that year. These cracks result in lines, bumps, and other raised anomalies on the coin. Which coins are valuable? 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. So, what are the varieties?The first and rarest of the varieties is the 1992 and 1992D Close AM. It can take years of coin collecting know-how and experience to be able to immediately tell if the weird coin you have is a bona fide error or simply post-mint damage. NEW! steel/copper in 1942 or bronze/zinc in 1982. The 1992 cents of Valued Member. 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. In fact, billions were made! We look at the coin prices for these rare pennies that you should be looking for in your pocket change. The consent submitted will only be used for data processing originating from this website. 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. 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. 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. We look at the coin prices for these rare pennies that you should be looking fo. See each listing for international shipping options and costs. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. anniversary of the Lincoln cent. The Close or Wide AM refers to the distance between the A and the M in AMERICA on struck coins. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. 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. John Burgess Well-Known Member. These are the most in-demand and thus the most valuable. Can photos appear here? I have personally found the 1998 Wide AM in pocket change. Not too shabby for a penny, huh? 1989 1C, RD. The Denver Mint produced a lot of pennies in 1988 5,253,740,443 of them! 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. It should be noted that doubled die coins are not coins that were struck twice on the press, though! the most valuable 1987 penny without a mint mark, Do You Have A Gold Coin Set Yet? Question About Philly/Denver Coin Distribution, 1951 S Penny - Asking For Help With Irregularities. this is known as a Close AM. 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. Monday Morning Brief for May 1, 2023: Congress must act, Malta to issue an annual Golden Eagle silver bullion coin, Bank of Japan reveals designs of three new bank notes, Mint sells years first platinum bullion coins in March, Coin World Thought Leaders Series: Chris Arbutine of Belleair Coins. 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. 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. 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. 1998 P Lincoln Memorial Cent Penny PCGS MS 65 RD Wide AM 21274653, 1998, 1999, 2000 Lincoln Penny Mint Error Wide AM Set MS66 Red. 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. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! Post Your Most Recent Canadian Coin Purchases! To participate in the forum you must log in or register. According to variety vista there's 7 identifiable dies by markers for 1988P and 3 for 1988D. $467.50 The Story With a mintage of 5,253,740,443 pieces, a 1988-D Lincoln cent is usually anything but rare. 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. Real People. It is in extremely nice condition & actually looks better that the ones Ive seen graded at MS67. Phantom 1938 Greenbrier County, WV, Continuing List To Show Everyones Latest Acquisitions, 2023-P Lincoln Cent Obverse Retained Die Breaks. My love for coins began when I was 11 years old. At MSRB even they can easily earn around $180.00 and are authenticated. How Much Is a 1957-D Wheat Penny Worth? This results in coins accidentally minted with the incoming or outgoing design. 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. 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. 1988 Wide Am Penny Worth. John1, I think he meant RDV-005 and RDV-006 for 1988. Do you have a rare wide am penny or close am penny? Rare. The other way to tell them apart is to look at the distance between the initials FG and the base of the Lincoln Memorial. An example of data being processed may be a unique identifier stored in a cookie. Real Experiences. It took 0.28 seconds to rattle this change. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. 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. In 2009 four different Bicentennial Lincoln designs replaced the Memorial cent in recognition of the 200th anniversary of Abraham Lincoln's birth and the 100th 1998 Lincoln cent penny wide AM misaligned error coin, 1998 P Lincoln Memorial Cent Wide Am Variety "WAM" Nice Coin. All circulated 1987-D pennies are worth face value if worn and not presenting any errors or varieties. Manage your Portfolio from anywhere, look up coins with a scan, buy/sell/trade and more. This usually occurs when the hub impresses the image upon the die twice at slightly different angles or positions. These are 1988 coins with the transitional year reverse of 1989. Copyright 2017-2023, lincolncentcollection.com, All Rights Reserved. Reported by: Steven Bingham In fact, most of the strange-looking coins you find that appear to have some type of error unfortunately are just showing some type of post-mint damage. The most valuable 1987-S penny ever sold at public auction was graded by Professional Coin Grading Service as PR70DCAM. Manage Settings Most worn (circulated) 1988 Lincoln pennies are worth face value, or just 1 cent. 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. The U.S. Mint tagged the coins product page with Sold Out. (See photos of the proof coin.) We and our partners use cookies to Store and/or access information on a device. 1988 D with 1989 reverse FG - aka Wide AM FS-901 Penny 1C A-I $88.00 $5.05 shipping SPONSORED 1988-D Lincoln penny-DDO- die clash - 'motto" stamped above "motto" $50.00 $5.25 shipping or Best Offer SPONSORED 1988 P "Flared G" Wide AM 1989 Reverse FS-901 Transitional Error Cent Red $89.00 $5.00 shipping or Best Offer SPONSORED 1948 Dollar - Can Anyone Grade My Purchase? Ive hot 1959 d double die and 1998 error coin.. Where can i send picture? $150.00. An off-center coin generally has to be between 5% and 10% off-center for it to be worth any significant premium, with values starting at around $10 or so. 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. Continue with Recommended Cookies. Lincoln Memorial Penny: Key Dates, Rarities, and Varieties. The 1987-D penny, like its counterpart from Philly, is a highly common coin. Lincoln Memorial Cent! The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. At an April 5 auction, the firm sold a different example for the same amount. Posted 10/30/2018 12:54 am . 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. Photos attached. 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. 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.. Just remember the opposite will be true for the initials and the AM. The most valuable type of off-center error coin is missing about 50% of its design but still shows its complete date and, if applicable, mintmark; such 1988 off-center error pennies are worth around $50 to $100. The other coins of interest listed above were either business strike coins struck with a proof die or a proof coin struck with a business strike die. Certification Agency: Raw / Unspecified. It took 0.3 seconds to rattle this change. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Post Your Most Recent Canadian Coin Purchases! 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. The San Francisco Mint struck 4,227,728 1987-S proof pennies.

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