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lucky2Veteran Member
Posts: 222
Joined: 04 Jul 2003
Location: Texas
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 Posted: Sun Jul 30, 2006 9:36 am |
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Ok! What do we know about the Wide and Close AM on the Lincoln Cent? It is my understanding that the change was made after the 1992 production and before the 1993 production for the Philidelphia Mint. Business Strikes 1992 and earlier should be Wide AM and 1993 and later are Close AM. Coins have been found for 98,99, and 2000 that do not adhear to this but what about the earlier dates back to 1992? Also what was the Denver Mint doing at the time? Did they follow the same procedures or is there something else that we have to look for? Can anybody fill in the blanks on this?~Thanks robert
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penny_wiseMember
Posts: 27
Joined: 29 May 2006
Location: Newnan GA
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| Posted: Sun Jul 30, 2006 5:37 pm |
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This is the text of a discussion I saved to file. I can't seem to find it to link to it. It was in response to my post by a Billy G. Crawford, editor of Die Varieties Magazine.
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The 1992 P & D cents and preceding years are normal Type II (Wide/Separated AM) for the reverse. It was 1993 that the reverse for business strikes were switched to Type I (close AM) reverses.
The extremely rare one is the 1992-D 1c Type I (close AM). It was suppose to be normally mated with the Type II (wide AM) but the theory goes that at the end of the production year a press operator was switching out the reverse dies (going to the 1993 Type I reverse) but forget to change out one of the 1992-D obverse dies. Therefore, we have the rare 1992-D 1c mated with the Type I (close AM) reverse which can command in the thousands of dollars premium depending on grade/color of the coin. I saw one hammer on eBay at $2500 and it was in my opinion a UNC Red/Brown specimen from the photos provided in the auction. I examined another specimen that was later sent in to NGC and graded an MS-66/Red. Speculating -- that coin would probably command $5k ball-park range if put on the market. Since there are only a handful known it would appear the press operator probably caught his mistake and quickly stopped the press.
The next rare one is the 1999 1c Type II (wide AM) reverse. It is speculated that only one die pair was involved in this one. All of the specimens that I have examined to date exhibited the exact same die markers for the obverse and reverse.
Finally, the 1998 and 2000 1c Type II (wide AM) reverses. It is speculated that a box of proof dies were inadvertently set-up on the presses. I have examined many of these with various different die markers. Depending in what geographical area you live in one will find one or the other in different frequency. I come across on average about 1 to 2 1998 1c Type II (wide AM) reverses about every $50 searched from my local banks while I only come across one of the 2000 1c Type II about every $500 searched. Others report to me the opposite, in that they find the 2000 more often and seldom come across the 1998. So again -- this depends in what area your in.
I have yet to come across a 1992-D 1c Type I (close AM) yet. But then again I'm on the east coast and very seldom see any 92-D cents anyway.
checked my files and don't see a large die gouge above LIBERTY on the obverse for the 1983 1c CDDR-002.
Another interesting tidbit on the 1998 1c Type II (wide AM) reverse. A variety collector stopped by my house this very morning with a BU roll of 1998 cents. Out of that one roll were three different 1998 Type II reverses
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See ya,
John
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lucky2Veteran Member
Posts: 222
Joined: 04 Jul 2003
Location: Texas
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| Posted: Sun Jul 30, 2006 7:36 pm |
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penny_wiseMember
Posts: 27
Joined: 29 May 2006
Location: Newnan GA
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| Posted: Mon Jul 31, 2006 10:23 am |
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Unfortunately, I'm fairly new at collecting and die varieties. I'll defer to a more experienced member. Again, the post above was copied, paste, and saved for my future reference. I gave the author credit. See my 1998 Type II story in Lincoln Cents post.
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See ya,
John
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