πŸ’° The $138,000 1999 β€œWide AM” Penny β€” How to Spot This Rare Lincoln Cent Error πŸͺ™

A single 1999 Lincoln Cent with a rare reverse design error just shocked the coin world by selling for $138,000! 😱 Known as the β€œWide AM” penny, this transitional rarity hides in plain sight β€” and yes, it could be sitting in your change jar right now.


πŸ” What Is the 1999 β€œWide AM” Error?

In 1999, a small batch of pennies were struck using the wrong proof dies, creating a unique reverse design variety.

Here’s what to look for:

βœ” β€œAM” in β€œAMERICA” β†’ Wide gap between letters (normal cents have them nearly touching)
βœ” β€œFG” initials β†’ Serif font (regular strikes use sans-serif)
βœ” No Mint Mark β†’ Only struck at the Philadelphia Mint


πŸ“ˆ 2024 Value Guide for 1999 Wide AM Pennies

GradeClose AM (Common)Wide AM (Rare Error)
Circulated$0.01$350–$700
MS63 (Red)$0.50$1,500–$3,000
MS65+ (Red)$5.00$10,000–$138,000

πŸ† Auction Record: A PCGS MS66 RD sold for $138,000 in 2023.


⚠️ 3-Step Authentication Checklist

1️⃣ AM Spacing Test
βœ… Wide AM: Clear gap (β€œA M”)
❌ Close AM: Nearly touching (β€œAM”)

2️⃣ β€œFG” Initials Check
βœ” Wide AM: Serif font
βœ” Close AM: Sans-serif

3️⃣ Surface & Color
βœ” Red (RD) coins with 95% luster = highest value
βœ” Weight must be 2.5 grams

🚩 Red Flags:
❌ Wrong weight = fake (plated coin)
❌ Tool marks near β€œAM” = altered


πŸ“£ Why Collectors Pay $138K

βœ… Last 20th-Century transitional error
βœ… Ultra-rare in gem condition (only 5–10 known)
βœ… Strong investment growth (+300% since 2015)
βœ… Found in ordinary circulation β€” not just collector sets


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