One of the most confusing — and profitable — Lincoln cent varieties is the 1992 Close AM penny. Collectors often ask: “Which Close AM pennies are worth money?”
Let’s break it down simply so you don’t miss a valuable find in your change!
🪙 What is the “Close AM” Error?
On the reverse of Lincoln Memorial cents, look closely at the word AMERICA:
- Normal penny (Wide AM): The A and M in “AMERICA” have a noticeable gap.
- Error penny (Close AM): The A and M are touching or nearly touching.
👉 If you see the Close AM, you’ve found a rare and valuable coin.
💰 Values of the 1992 Close AM Penny
Here’s what collectors are paying right now (2024 market):
1992 (Philadelphia, no mint mark) Close AM
- Ungraded: $200 – $300
- Certified high grade: $500+
1992-D (Denver) Close AM
- Ungraded: $500 – $600
- Certified high grade: $1,000+ 🏆
- One follower even sold theirs (graded) for over $1,000!
✅ How to Check Your 1992 Pennies
1️⃣ Flip to the Reverse → Look at the “AM” in AMERICA.
2️⃣ If touching, it’s Close AM → That’s the rare one.
3️⃣ Consider certification → PCGS or NGC grading adds value, especially for higher grades.
⚠️ Quick Tip from the Coin Professor
Don’t confuse this with other years like 1999 (which has a Wide AM variety). For 1992, it’s the Close AM you want to find!
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