💰 BREAKING: A single 1998 penny just sold for $1.5 MILLION – could yours be next? This ultra-rare error is hiding in plain sight in pocket change. Here’s exactly how to identify it.
Why This Common-Looking Penny Commands Millions
🔥 “Wide AM” Transitional Error
- Only 3 confirmed specimens exist (previously thought to be 10-15)
- Record Sale: $1,500,000 (PCGS MS-67RD, 2023)
- Mint’s Costly Mistake: Proof die accidentally used for circulation strikes
💎 Key Identification Features
✅ Clear gap between ‘A’ and ‘M’ in “AMERICA”
✅ “FG” initials closer to Memorial building with distinct serifs
✅ Only exists on Philadelphia-minted coins (no mint mark)
⚡ Grading Makes All The Difference
- Circulated examples: $50,000-$250,000
- Mint State (MS-65+): $500,000-$1.5M
- Superb Gem (MS-68+ RD): Priceless (only 1 known)
How To Spot The Million-Dollar Penny
1. The $1.5M “Wide AM” Checklist
- Date: Must be 1998 (Philadelphia mint only)
- Reverse: Obvious space between ‘A’ and ‘M’
- Color: Red (RD) specimens command highest premiums
- Weight: Exactly 2.5 grams
2. Avoid Worthless Look-Alikes
❌ 1999-2008 “Wide AM” cents (common – worth $5)
❌ “Close AM” 1998 pennies (face value only)
❌ Cleaned or damaged coins (destroy value)
Grading & Value Guide (2024 Record Prices)
| Grade | Circulated | Mint State (MS-63) | Superb Gem (MS-67+) |
|---|---|---|---|
| Value | $50K-$250K | $300K-$750K | $1M-$1.5M |
What To Do If You Find One
- STOP! Handle by edges only with cotton gloves
- Photograph both sides under natural light
- Submit Immediately to PCGS/NGC for authentication
- Insure for $1M+ before transport
⚠️ WARNING: These are 100x rarer than 1909-S VDB pennies. Most “finds” are fakes – expert verification is critical.
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