Most pennies are only worth face value—but a tiny spacing difference in the word “AMERICA” can turn a 1¢ coin into $2,000 or more! These rare “Close AM” and “Wide AM” varieties are highly sought after by collectors. Here’s exactly how to identify them and what they’re worth.
🥇 Step 1: The Close AM Penny (The Big-Money Find)
1992 Close AM Lincoln Cent
💰 Value: $1,000 – $2,000
🔍 What to Look For:
✔ The letters “A” and “M” in “AMERICA” are touching (no visible gap).
✔ Found only in 1992, making it extremely rare.
✔ This is the most valuable AM variety.
📌 Pro Tip: Always check your 1992 pennies first—this is the jackpot coin.
🥈 Step 2: The Wide AM Pennies (Still Valuable)
1999 Wide AM – 💰 Up to $500
✔ Clear gap between the “A” and “M” in “AMERICA.”
✔ The most desirable Wide AM variety.
1998 & 2000 Wide AM – 💰 $20 – $25
✔ Same spacing as the 1999 Wide AM.
✔ Not as rare, but still collectible.
🔍 Step 3: How to Spot the Difference
1️⃣ Flip the penny over and focus on “AMERICA” on the reverse.
2️⃣ Use a magnifying glass (10x loupe is ideal).
3️⃣ Compare:
- Close AM = Letters touching → $$$
- Wide AM = Clear gap (especially valuable in 1999).
📸 Visual guides make this much easier—always compare with reference images.
💡 Step 4: Why These Pennies Are Valuable
✔ Minting variety caused by design mix-ups.
✔ Extremely low mintage compared to regular coins.
✔ High collector demand drives prices up.
✔ Small details = big money in numismatics.
🛠 Step 5: What to Do If You Find One
- Handle carefully (wear gloves to avoid damage).
- Store properly in a coin holder or 2×2 flip.
- Get certified by PCGS or NGC for maximum value.
- Decide whether to hold or sell—check auction prices first.
🚀 Step 6: Join the AM Penny Hunt!
🔎 Start searching through your 1992, 1998, 1999, and 2000 pennies.
📌 Bookmark this guide for quick reference.
💬 Share your finds with other collectors—did you strike gold?
⚡ Why This Matters
A small spacing difference can turn an ordinary penny into a $2,000 collectible. Don’t overlook your pocket change—your next coin roll search could uncover hidden treasure!
👉 Think you found one? Get expert verification today before cashing in.
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