What Makes the 1999 Wide AM Penny Rare?
Back in 1999, the U.S. Mint unintentionally produced a limited number of Lincoln pennies with a small but important design flaw. Most pennies from that year feature closely spaced letters “AM” in the word “AMERICA” on the reverse side. This is known as the Close AM version. However, a few were made with a different design intended for proof coins, where the “A” and “M” have a noticeable space between them.
These are known as Wide AM pennies. This rare error has made the coin highly sought-after, as only a small number are known to exist. Collectors prize these pennies not only for their scarcity but also for the fascinating minting mistake behind them.
How to Spot a Wide AM Penny
To find a 1999 Wide AM penny, all you need is a magnifying glass and some attention to detail. Look closely at the reverse side of any 1999 Lincoln penny, focusing on the word “AMERICA.” In the regular version, the “A” and “M” are nearly touching each other. On the rare Wide AM coin, you’ll notice a visible gap between the two letters.
It’s a small detail, but easy to catch if you know what to look for. Also, take note of the coin’s overall condition, as heavy wear can sometimes make the spacing hard to see. A well-preserved coin will make this difference more obvious.
Feature Comparison: Wide AM vs. Close AM
Here’s a helpful chart to understand the difference:
| Feature | Wide AM Penny | Close AM Penny |
|---|---|---|
| Spacing between A and M | Clear gap | Almost touching |
| Rarity | Very rare | Common |
This quick reference makes it easier for collectors to identify whether they’ve stumbled upon a valuable coin or just an ordinary one. Even though the change is subtle, it’s a crucial indicator that can separate a treasure from everyday pocket change. Familiarizing yourself with this detail can make all the difference in your search.
Where to Find These Pennies
You might be surprised to learn that these rare pennies aren’t locked away in museums—they could be right under your nose. Many of these coins have turned up in ordinary places, including coin jars, wallets, and penny rolls from the bank. Even places like vending machine returns and old store cash drawers have yielded valuable finds.
While the chances are slim, it doesn’t cost anything to take a closer look at the pennies you already have. That one small check could lead to a life-changing discovery if you spot the Wide AM variety.
Why Are They So Valuable?
The recent sale of a 1999 Wide AM penny for $145,000 may seem hard to believe, but it’s understandable in the world of rare coin collecting. Rarity significantly increases a coin’s worth, especially when demand from collectors is high. Condition plays a big role too. A coin in excellent or mint condition, like the one that sold at auction, can reach astronomical prices. Here’s how condition affects value:
| Condition | Estimated Value Range |
|---|---|
| Good (worn) | $500–$2,000 |
| Mint (near perfect) | $10,000–$145,000 |
Knowing this helps collectors evaluate their coins more accurately. The better the condition, the higher the potential value, especially when combined with such a rare error like the Wide AM.
Tips for Collectors and Beginners
If you’re just starting out with coin collecting, learning about rare varieties like the 1999 Wide AM penny is a great way to begin. Make sure to handle all coins with care to avoid damage and store them in proper holders. If you believe you’ve found a Wide AM penny, send it to a professional grading company such as PCGS or NGC.
These services can verify the coin’s authenticity and grade its condition, which can greatly enhance its market value. Most importantly, don’t get discouraged—finding rare coins takes time, but it’s always exciting to check each one just in case.
The 1999 Wide AM penny proves that small details can lead to big rewards. All it takes is a careful eye and some patience to possibly spot a coin worth thousands. The next time you’re digging through your spare change, take a closer look at those pennies—one tiny detail could make all the difference.
FAQs
Q1: What year should I look for to find a Wide AM penny?
A1: The most valuable Wide AM penny comes from 1999. However, the 1998 and 2000 pennies can also have Wide AM errors, though they are less valuable.
Q2: Can circulated Wide AM pennies still be worth money?
A2: Yes, even a circulated Wide AM penny can be worth hundreds or even a few thousand dollars, depending on its condition.
Q3: Are there other Lincoln penny errors worth looking for?
A3: Yes, other errors like the 1955 Doubled Die and 1972 Doubled Die pennies are also highly valuable and worth checking for.
Q4: Is it necessary to get my penny graded before selling it?
A4: Getting it graded by a professional service is highly recommended, especially if you believe it’s rare. It confirms authenticity and increases buyer confidence.
