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. 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. The 1988 penny without a letter (a.k.a. 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! The 1987-D penny, like its counterpart from Philly, is a highly common coin. These are just some of the spooky, scary coins Shire Post Mint has created over the years! 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. Check your inbox or spam folder to confirm your subscription. rather than far as they should be for that year. The 1987 Lincoln Memorial cent is similar to many other 1980s Lincoln pennies struck since 1982 the year the United States Mint began striking the coin on a copper-plated zinc planchet (blank). The 1987 Lincoln penny was struck at the Philadelphia Mint and does not have a mintmark of any kind. Lincoln Memorial Penny: Key Dates, Rarities, and Varieties. A conditionally rare 1988-D Lincoln cent graded MS-68 red sold for $467.50 at a May 24 GreatCollections.com auction. 1988 pennies are made from a copper-coated zinc composition. 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. Lincoln Memorial cents feature the word AMERICA on the reverse. $150.00. To determine the true value of your 1987 penny, you first need to know what condition (or grade) your coin is in. The most valuable 1988 Lincoln penny was graded by Professional Coin Grading Service as MS68RD and traded for $881 in a 2014 auction. 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. Ive looked through 1300 individual pennies and havent found one of the 98,99 or 00 wide AMs and have only found a handful of 1992s. 1988-D Penny Worth Money - How Much Is It Worth and Why? 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. 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. Question About Philly/Denver Coin Distribution, 1951 S Penny - Asking For Help With Irregularities. But it might just be the new Bitcoin. 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. steel/copper in 1942 or bronze/zinc in 1982. Circulated (worn) 1987 pennies without errors or varieties are worth only their face value and are worth spending as regular money instead of saving them. Although the least valuable in this article, they may be the most exciting as it can generally be found in circulation. 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. US Mint Sales | Proof Palladium Eagle Coin SOLD OUT! 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. We look at the coin prices for these rare pennies that you should be looking fo. 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. Seller: upnorthcoins. These are well listed at Variety Vista. Commems Collection: What If? Those are the places that anyone looking for doubled dies should closely inspect on 1987 pennies. When locked, you will be scrolled directly to this table for all coins. Doubled dies may be among the most valuable 1987 penny errors. Copyright 2017-2023, lincolncentcollection.com, All Rights Reserved. An example of data being processed may be a unique identifier stored in a cookie. , Initiative Qis not,in any way, a cryptocurrency. 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. but not as rare as the 1992 cents. This post may contain affiliate links. 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. As of the time of this writing, there are only three known examples from the Philadelphia mint and less than 15 from Denver. 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 Posted 08/27/2017 9:09 pm. Uncirculated 1987 pennies (those with no wear) are generally worth 10 to 30 cents. Top 10 Most Valuable U.S. 1982 Washington quarter looms large in the modern market, 'First Strike' designation gives 1997 American Eagle gold bullion coin a boost at auction. Not too shabby for a penny, huh? 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. If all this is too confusing then perhaps a better explanation can be found by understanding that there were eight different Reverse Die Varieties (RDV) used on the Memorial Cents from 1959 to 2008. Another characteristic that is used to differentiate these rare coins from others of the same year is the distance of the reverse designers initials, FG, from the right side of the memorial. \r https://www.couchcollectibles.com\r\rPO BOX 16104\rLudlow, KY 41016\r___________________________\rTWITTER: @couchcollect\rINSTAGRAM: @couchcollectibles\rFACEBOOK: @couchcollectibles\rCHANNEL: https://www.youtube.com/JCouch \r___________________________\rWelcome to Couch Collectibles formerly known as Couch Coins! 1987-S Proof Penny Value We have a forum where you can introduce yourself and post questions about/ discuss coins and banknotes. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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. 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. Very new to varieties and errors so I figured I might get some opinions here. ***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. Treasure Town 124K subscribers Join Subscribe 1.1K Share Save 54K views 3 years ago Welcome to my Saturday series each week. These are 1988 coins with the transitional year reverse of 1989. I recently found a 1996S Lincoln penny with a WIDE AM . 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. For Sale: France Napoleon I 20 Gold Francs 1811-W, For Sale: Stackers Delight! The 1988 cents of interest normally struck with RDV-005 instead were produced with a 1989 RDV-006 die. above the E of STATES. Id hold that aside as it could possibly score a decent bid of a few bucks by a variety collector. The two coins had sequential PCGS serial numbers, showing that they were submitted together. Opens in a new window or tab. 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. Rare. When the A and the M are almost touching Do you have a rare wide am penny or close am penny? The 1998 being the rarer of the two, generally selling in the $300 range, and the 1999S around $100. I personally find this method unnecessary and more difficult than the first. Many are, thats for sure. 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. 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. Therefore, a 1987 penny with no letter under the date is perfectly normal. 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.. The only thing if possible interest here is what appears to be a minor die chip/cud at the top reverse rim of the 1988(?) Read More , Initiative Q | The Next BitCoin? Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! The U.S. Mint tagged the coins product page with Sold Out. (See photos of the proof coin.) I really appreciate the info that you have provided thru your youtube channel. Free shipping Sponsored. Ive hot 1959 d double die and 1998 error coin.. Where can i send picture? http://varietyvista.com/01b%20LC%20arieties.htm, Question About Philly/Denver Coin Distribution, 1951 S Penny - Asking For Help With Irregularities. 1948 Dollar - Can Anyone Grade My Purchase? the most valuable 1987 penny without a mint mark, Do You Have A Gold Coin Set Yet? Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. This variety has sometimes been unfortunately called the 1988 Wide AM even 1967 Quarter Value Guide: Some 1967 Quarters Are Worth More Than Face Value (Up To $9,000!). It traded hands in 2004 for $2,070! 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! MS67RD The RDV-006 design first saw widespread use in the following year, 1989. Free Shipping. 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. Die cuds are often worth around $100 to $200, and sometimes even more than that. It took 0.3 seconds to rattle this change. or Best Offer. 1989 1C, RD. They differ in Suffix, Minor Variety, and Die Variety only. When the A and the M are almost touching this is known as a Close AM. It took 0.28 seconds to rattle this change. 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. Manage Settings To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. The 1988 D RDV-006 FS-901 is much more scarce than the Philly example. The Lincoln Memorial design on the reverse (tails side) of the penny was designed by Frank Gasparro and in use on the one-cent coin from 1959 through 2008. See each listing for international shipping options and costs. It was said to have been stolen from him along with other coins in a robbery outside of a coin show a short time later. 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. Certification Agency: Raw / Unspecified. It should be noted that doubled die coins are not coins that were struck twice on the press, though! The terms generally refer to the different die varieties of 1992, 1998, 1999 and 2000. 1948 Dollar - Can Anyone Grade My Purchase? Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. Introducing Coin World+ Get the brand-new mobile app! These are also valuable 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. To determine the true value of your 1988 penny, you first need to know what condition (or grade) your coin is in. In 2010 the Union Shield became the new reverse. Here are three low population modern issues that recently brought exciting prices in auctions. 1998 wide am penny DDOV and DDRV and ON DATE fully Red. On Close AM cents the initials are farther away from the memorial than on the Wide AM cents. 1985 Possible Broadstrike, I'mnew To This.please Help! 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. Doubled die penny errors contain doubling of some part of the coins design and/or lettering. If you buy thru these links, we may earn a commission at no additional cost to you. What this means is that the following list of confirmed variations from these rules are valuable in order from most to least rare: On more thing, 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 ): USA Coin Book Estimated Value of 1998-D Lincoln Memorial Penny is Worth $0.34 or more in Uncirculated (MS+) Mint Condition. The Lincoln Cent Doubled Die Book Vol. Copyright 1995-2023 eBay Inc. All Rights Reserved. 1988 wide am Lincoln penny has a rarer value than other pennies. We look at the coin prices for these rare pennies that you should be looking for in your pocket change. Commems Collection: What If? Die breaks and die cracks are usually collectible varieties that are worth about $3 and up. 1980 Lincoln Penny - Would This Be Considered Red Or DCAM Colour? Most uncirculated 1987-D Lincoln cents are worth between 10 and 30 cents. An off-center penny is one coin that will snag just about anyones attention, including the eyes of the non-collector! $467.50 The Story With a mintage of 5,253,740,443 pieces, a 1988-D Lincoln cent is usually anything but rare. Most are made without errors, but nobody is perfect not even the folks at the world-class United States Mint. It was graded by MS68RD by Professional Coin Grading Service and sold at auction in 2008 for a whopping $546! Read more in our privacy policy. part of the G on the Wide AM cents. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! Real People. 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. 04-12-2023 eBay. These are rare and valuable. Read More , Halloween Coins Gallery with Colored Photos Read More . 1998 Lincoln cent penny wide AM misaligned error coin, 1998 P Lincoln Memorial Cent Wide Am Variety "WAM" Nice Coin. Real People. The Lincoln cent was first struck in 1909 and Proof examples with a velvety, matte finish were struck for sale to collectors from 1909 to , Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. At MSRB even they can easily earn around $180.00 and are authenticated. 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. 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. 1988-D Wide AM Lincoln Penny NGC MS 66 RD $320.00 Free shipping 1953 Proof Lincoln Wheat Cent Re-Engraved Die - FS-402 - NGC PF 65 RD $0.99 + $3.00 shipping 1992 D Wide AM Lincoln Cent $45.00 + $5.00 shipping Sell now Shop with confidence eBay Money Back Guarantee Get the item you ordered or get your money back. The Top 16 Most Valuable Pennies. Halloween Coins Gallery with Colored Photos, Coin News, Currency Price Guides and More, INK ERROR FOUND!?! Author: Replies: 8 / Views: 7,309 : gabe999. Designed by K.M. Some Are Worth $1,000 Or More! I primarily collect and study U.S. coins produced during the 20th century. How To Grade A Coin Yourself To Determine Its Value. Is anyone know the value and please give me a advise!? However a few 1992 cents were produced with the newer Close AM design of 1993 instead. 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. That's perhaps a mystery for the ages. A small but significant number of 1988 penny error coins were made, and many of them are worth much more than face value! One of the most valuable types of die breaks is known as a die cud, which is a distinctive type of die crack that looks like a flattish, rounded mound attached to the coins rim. While only a relatively small number of 1987-S pennies were made, they are in plentiful supply among collectors and can usually be bought from a coin dealer for $1 to $3 each. PCGS MS66RD. I have never been able to memorize the dates of the WAMS and CAMS! Chris, Not sure what the spots are maybe Die Pitting? 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. NEW! If you buy thru these links, we may earn a commission at no additional cost to you. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Now a special set of cents, The WAMs And CLAMs. The Close or Wide AM refers to the distance between the A and the M in AMERICA on struck coins. The Close AM variety will have wide initials, whereas the Wide AM variety will have close initials. Vampires, Devils, Pirates and Skeletons! I have personally found the 1998 Wide AM in pocket change. Email System Seems To Be Down At The Moment. Franck, This article covers a MS 67+ Red 1911 Lincoln cent. Most uncirculated 1987-D Lincoln cents are worth between 10 and 30 cents. Yes, you read that correctly, more than 5.25 billion pennies, with a B! Visit to see edge, weight, diameter, auction records, price guide values and more for this coin. 1988-S Penny Value Virtually every year, the United States Mint makes a small number of collector-edition proof coins that have high-quality, mirror-like finishes. How To Grade A Coin Yourself To Determine Its Value. Get it FREE now. 1998 (P) WIDE AM Lincoln Memorial Cent Penny - Error FS901, 1998 P Lincoln Memorial Cent Penny PCGS MS 65 RD Wide AM 12806625, 1998, 1999, 2000 Lincoln Memorial Cents Mint Error Wide AM Complete Set. $27.50. The 1955 Double Die Lincoln Penny. A D/D is usually $10 but an MS 65 RD was $305 in 2018. 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. 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.. 1988-D 1988 D Lincoln Memorial Cent Copper Plated Zinc Penny Mintage: 5,253,740,443 Minted at: Denver Designer - Engraver: Frank Gasparro 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. All rights reserved, ANA World's Fair of Money medal celebrates bridges, Croatia celebrates men's clothing with first euro commemorative coins, Market Analysis: Two pretty Proof Seated Liberty dimes, 2028 Games in Los Angeles could get coinage program, Buy & Sell Coins Online at the Coin World Marketplace. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. Check your inbox or spam folder to confirm your subscription. CWBATX keep searching for the good ones there out there. This usually occurs when the hub impresses the image upon the die twice at slightly different angles or positions. Photos attached. The BIE error is so named because of a small, vertical die crack that can form between the letters B and E in LIBERTY just to the left of Lincoln that often takes on the form of a capital letter I. If you find a 1988 BIE penny error, be sure you keep it, for its worth $5 to $10.1988 Lincoln Pennies Worth Money - Here's What Collectors Are Paying A Fortune For!Watch this video on YouTube, Stay up to date with everything about U.S Coins, We dont spam! However, 1988 Lincoln cents that are uncirculated are generally worth 10 to 30 cents apiece. 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. 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.. How Much Is a 1957-D Wheat Penny Worth? If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the \"about\" page on my channel. Condition: AU-50. Did you find a 1988 penny and want to know if its worth more than face value? All Members, Post Your Most Recent US Coin Purchases! Real Experiences. The consent submitted will only be used for data processing originating from this website. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. coins are those that deviate from the norm in the year the coin was minted. 1989-D Bronze Penny Value: $3,000+ How did a bronze planchet end up in the penny presses at the Denver Mint some seven years after the last regular-issue bronze pennies were struck there? They are made on high-tonnage presses using specially prepared dies and polished blanks. Everything on Coins, Banknotes and Collectibles! Manage Settings Post Your Most Recent Canadian Coin Purchases! A total of 4,682,466,931 were made making this coin extremely common. Today, Im going to show you which 1988 pennies are worth looking for and why. raro_3301 (31) 100%. Brown; Red and Brown; Red; 1988-D 1C Flared G, FS-901, RD (Regular Strike) Series: Lincoln Cents 1959 to Date. Search your pocket change enough and youre sure to find some unusual coins. It currently has a value of even more than $100.00 in AU conditions. So, How do I tell them apart?The simplest and most obvious way to tell the two apart is to first look at a known Wide AM (1959-1991), and compare it with a known Close AM(1993-1997; 2001-2008) with a jewelers loop or magnifying glass. No copyright infringement is intended. The most valuable 1987-S penny ever sold at public auction was graded by Professional Coin Grading Service as PR70DCAM. In fact, billions were made! 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. 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. Thank you for commenting on this article! Appreciate your time. The 1988 Lincoln Memorial cent saw more than 11 billion examples struck. We do our best to provide precise spot prices; however, during times of market . L@@K!!! this is known as a Close AM. We and our partners use cookies to Store and/or access information on a device. Do You Have A 1991 Penny? It Could Be Worth More Than $5,000! Most worn (circulated) 1988 Lincoln pennies are worth face value, or just 1 cent. It saw a mintage of 4,879,389,514 nearly 5 billion coins, with a B.. It is currently fetching a little over $100.00 raw in AU condition. Nevertheless, this late transitional error is a rare and highly collectible piece that's worth big bucks! 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 rare wide am penny or close am penny? 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! The Denver Mint produced a lot of pennies in 1988 5,253,740,443 of them! PCGS has graded 25 1988-D cents in MS-68 red and another 272 in MS-67 red. 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: In 1993 the mint changed to the Close AMreverse for both itsbusiness and proofstrikes. Post Your Most Recent Canadian Coin Purchases!
how much is a 1988 d wide am penny worth