1999 penny sold for $4,000

1999 penny sold for $4,000

The 1958 Doubled Die Obverse Lincoln Penny is one of the most valuable pennies in the world, considered as the holy grail by many coin collectors. Find this page useful? Their prices are lower but always significantly higher than their face value. A penny's worth depends on its quality and rarity. As a result, these pennies are quite valuable to collectors. This coin is considered a rare coin because it was not produced by the United States Mint. Lincoln Memorial cents were struck from 1959 through 2008 and reign as one of the world?s most widely recognizable coins. It almost looks to me more like a die polishing mark caused by overzealous cleaning of the die by a mint employee. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. This is based on the current market value of copper. The prices listed in our database are intended to be used as an indication only. One of these coins was sold in Orlando, Florida through Heritage Auctions. 6. 1999 P Wide AM Lincoln Memorial Cent - Rarest of the Wide AMs FS-01-1999-901. the first nine behind the 1 is thick the middle one is normal and the last one thin. These pennies are characterized by an error in the design, which causes the letters AM to appear separated. (Image credit: Heritage Auctions, HA.com), "On the reverse of the 1992 Close AM, the right foot of the 'A' and left foot of the 'M' in 'AMERICA' touch," said Stone. The tails should be closely monitored as well. A 1999 penny is worth about 2.5 cents. However, collectors avoid these pieces, making them inexpensive. According to experts, it might have been a mistake at the Mint or even intentional vandalism by a Mint staffer. If you think you've found a valuable penny, Stone suggests consulting a professional. Free shipping. One of these two was in circulation before being acquired by a collector. This resulted in these pennies going into circulation. Coin values are one of the reasons why coin collectors do what they do. So, how can you find out how much your penny is worth? You Could Find This Rare Penny In Your Pocket Change Heres What To Look For, 1999 penny with no mintmark (Philadelphia): 5,237,600,000 minted 10 to 25+ cents, 1999-D penny (Denver, D mintmark): 6,360,065,000 minted 10 to 25+ cents, 1999-S penny (San Francisco, S mintmark): 3,347,966 minted $3+. Even though coins minted in 1999 are modern and expectedly inexpensive, the 1999 penny value can surprise you. Ultimate Guide To 1999 Penny Values (Including The 1999 Penny Error/1999 Wide AM Penny) by Joshua Coin Values, Hobbies & Crafts This post may contain affiliate links. According to Bucki, the standard run was supposed to have the letters A and M almost touching, and the special proof coins were supposed to have a wider space between them. 1999 Lincoln Memorial Penny. You can read inscriptions, the UNITED STATES OF AMERICA and ONE CENT, stretched along the coin rim. Roughly 250,000 of these pennies were minted, he said. MAGA . Bucki estimates that a 1992 Close AM coin in fairly new condition could be worth about $20,000, while a used one could sell for around $2,000 to $3,000. The coin is an amazing example of a mint error and is sure to be a treasured addition to any collection. 1999 LINCOLN PENNY REVERSE GREASE STRIKE ERROR COIN Low Shipping Lot U155. In fact, during that period, there were 3 different Lincoln cents made with a Wide AM reverse proof die: Of these, the 1999 Wide AM penny is by far the scarcest. There is currently only one such currency, and its value is still unknown. May 19, 2023, 7:31 AM PDT. Look for similar coins in terms of condition and design, and then check to see what price they went for. If so please share it with your friends and help us grow. However, those with wide AM and red toning are more pricey. Garrett by trade is a personal finance freelance writer and journalist. Most 1999 Lincoln Memorial pennies minted in Philadelphia are inexpensive, and even those in the mint state cost $0.10 to $60. That choice was debatable at the time, and many traditionalists recalled George Washingtons opinion that it was excessively monarchical. Lutes owned the coin until his death in 2018. Also, look for the letter "S" right below the year 1969, which means it was created at the San Francisco Mint. MS-65RD gem uncirculated- There is strong luster and eye appeal. Double-die is one of the most common errors in the 1990s Lincoln Memorial penny series. 1920 Wheat Penny Value: How Much is it Worth Today? Penny owned 2,000 shares of Dollar Inc. common stock that were purchased in Year 1 at $10.50 per share. Save for any changes to United States laws against the melting of copper coins, these coins are likely to remain common for decades to come. 1999 Lincoln Cents are not rare. Do YOU Have a RARE 1999 Penny Worth A LOT of Money? They have a bronze color and are very shiny. This means that the coin is in great condition and has no visible wear. These are valuable mint error pennies and graded coins that sold at auction for good money. Regardless of the circumstances, this coin serves as a testament to the mystery and irrationality of the world of coin collecting. 1999 Wide AM Lincoln Memorial Cent. Nevertheless, due to mistakes made during the minting process, some pennies from 1999 have grown quite valuable. Therefore, if you happen to have one of these coins, it may be worth your while to get it appraised by a professional. Chief among the error varieties are the 1969-S, 1972, 1983, 1984, and 1995 doubled dies, with the 1969-S doubled die pulling high five- and low six-figure prices on the scarce occasions when the rarity turns up in auction. The 1999 S Proof penny was only included in the 1999 United States Mint Proof Set, which was sold directly to collectors. Almost yours: 2 weeks, on us 100+ live channels. The Lincoln cent redesign, replacing the original wheat reverse motif that premiered with the series in 1909, was launched to commemorate Abraham Lincolns 150 anniversary of birth. These individuals exert time and effort to own and keep different types of pennies from Lincoln wheat pennies and Indian head pennies to bronze pennies from the Philadelphia mint and United States mint. Despite these changes, the coin has remained a staple of American currency, and it is sure to continue to be produced for many years to come. The sale took place in January of 2004 for a whopping $172,500. "The then 16-year-old Lutes received the copper-colored penny in change at his high school cafeteria in 1947," David Stone, a coin cataloger for Heritage, told CNBC Make It. What is the 1999 Lincoln penny value? A coin is given an RD grade (red) if it contains enough of its original red coloring. Heres how much a 1999 Wide AM penny is worth: You may not have a 1999 Wide AM penny, but youre probably still curious what your regular 1999 penny is worth. A 1999 penny is worth face value if it is in circulated condition. The Lincoln penny that sold is called the 1999 1C Wide AM, RD (Regular Strike). So, if you come across a 1999 Lincoln penny with wide AM spacing, you may have found yourself a valuable collectors item! Valuable Errors Key Dates In the current year Penny sold 800 shares. Table of Contents show 10. Read more in our privacy policy. Home | Site Map | User Agreement | Privacy Policy | Contact. Collectors are prepared to set aside approximately $120 to $800 for pieces with wide AM in the mint state. I am afraid I dont see a photo with this post; would you please try uploading it again? Copyright - Thales Learning & Development | All Rights Reserved, Competitive Advantage: Unlocking Success in the Business Arena, Indias Comparative Advantage in Global Competition, How to Harness the Power of Social Media Advertising, Understanding Welcome Bonuses in Trading with Trusted Broker Reviews, Strategies for Winning a Slip and Fall Case Without Legal Representation, Driving a Culture of Safety Using Software Solutions in Business, Effective Stakeholder Management: Navigating Complaints for Business Success, The Ultimate Guide to Pressure Washers and Packages: Enhance Your Detailing Business, A Guide to Citizenship by Investment in St Lucia, ReactJS Development and the Future of Web Development. The 1999 penny is a coin that is still in circulation today. As I have already mentioned, the Lincoln pennies obverse has stayed the same from the very beginning, and you can see the 16th Presidents bust in the center. It is especially valuable for a 1976 penny without a mint mark because it is worth around $1 in uncirculated condition. That said, the vast majority of these coins are likely to be in the hands of collectors or dealers. To date, similar though less-valuable off-metal transitional errors are known for the 1983-D and, more oddly, the 1989-D Lincoln cent. The 1877 Indian Head Penny has a smaller mintage but most of them were saved in uncirculated condition. The Most Valuable 1999 Lincoln Cents is Sold on Apr 29, 2006 for: $138,000.00. 1999-D Penny Value. Despite these changes, the coin has remained a staple of American currency, and it is sure to continue to be produced for many years to come. However, the 1999 wide AM RD pennies are more pricey, and their value is $120 to $800, depending on the condition. More common 1996 pennies in uncirculated condition can be worth anywhere from $0.30 to $6. Sponsored. While the Lincoln Memorial cent is technically an obsolete series, billions are still in circulation. It has a smooth edge and is made of copper-plated zinc. Minda Zetlin is a freelance writer covering business, money, tech and collectibles. Only after they had entered circulation did anyone notice the error. The term Wheat Penny was given to the penny because its reverse originally featured two wheat stalks. "I've found one myself.". The Coin Guy explained the spacing is called the "wide A-M error" and recently, someone with a penny in very mint condition that had the error sold it for $4,583. However, the 1943 penny sales pale in comparison to the most recent: a New Jersey dealer sold the 1943 penny for a whopping $1 million this week. Similar to the 1969 Doubled Die, the doubling on this penny is especially prominent in the words "LIBERTY" and "IN GOD WE TRUST" with some light doubling on the date, said Stone. Heres what uncirculated and proof 1999 pennies are worth: *Values listed are for uncirculated and proof 1999 pennies. Win Tickets To Our iHeartRadio Music Festival 2023 Before You Can Buy Them! Its true. The 1999 Wide AM Lincoln Memorial pennies appeared accidentally during particular collector Lincoln pennies minting. Theclose AM and wide AM varietiesare two of the major varieties that appear on 1999 pennies. The penny reverse was replaced with the Memorial in 1959 for the first time to commemorate the Presidents 150th birthday. The most expensive penny that has ever been sold at auction is a 1943-D Lincoln penny. We do not buy or sell precious metal. Only three of these Lincoln pennies are known to exist, including one in great condition sold in 2018. The makeup of the 1999 penny is another distinguishing quality. $150.00. Precisely 3,347,966 pieces were struck, including collectible red-toned close AM penny variety. As it had done with all US coins since 1980, the Mint planned to include a mint mark on the coins. This coin was first seen in 1890 in an auction when Lorin G. Parmelee, a famed collector sold it for $79. Collectors are prepared to set aside approximately $120 to $800 for pieces with wide AM in the mint state. Another offering was worth $82,500 in 1996. He had an amazing level of skill that allowed him to outplay most, Read More The Five Most Expensive Mickey Mantle Baseball Cards EverContinue, Beanie Baby enthusiasts have recently been enjoying a resurgence of popularity in the Ty Inc. brand stuffed toys. Chandelier prices vary significantly. The most valuable 1999 penny variety is the 1999 Wide AM penny, which is worth $558 in MS 65 condition. Type: 1999 Penny; Minted at: Denver; Year of minting: 1999; Face value: $0.01 (one cent) Price:$0.34 . This site uses Akismet to reduce spam. 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