1988 wide am penny auction value

Discussion in ' Error Coins ' started by Dj67Nov 7, Log in or Sign up. Coin Talk. Hello everyone, just sitting here watching YouTube videos, coin opp, and he was talking about the wide AM while checking some of the 80s coins he was discussing, I picked out of a handful of pennies a P wide AM, there was no mention of the Phil. Dj67Nov 7, Log in or Sign up to hide this ad. Hi Dj67 the is normal to have a wide am the varieties to look for the wide am is the ,99 and as they were suppose to have the close am and the P and D that have the close am cause they were suppose to be wide.

The however does have a transitional variety and its on the designers initials the 88 is suppose to have a straight g and the is suppose to have a flared g but the mint accidentally started using the reverse of the 89 too early.

The more valuable of the 2 is the Denver transitional variety for this year. I am posting one from Philly that I found earlier this year for comparison. MontCollectorPickin and Grinintommyc03 and 2 others like this.

Cents are "wide AM". Edit: eric beat me to it.

Identify 1988 Penny Rare Variety - Value of this Reverse FG Transition Error Cent

DougmeisterNov 7, Dj67Oldrdawg and eric like this. I did add the video, maybe I'm hearing it wrong, check it out, thanks Dottie. It' all about the fg. Commonly called wide am It is really the reverse of This guy is spreading mis information.

I also think that the slab he used is a mis labeled slab, as it is not correct. Pickin and GrininNov 7, Dj67 likes this. It's not that he is spreading lies, he's not identifying the right feature. The identifying and important feature to identify the 88 rev of 89 is not the WAM which both revs types have Not even PCGS featured the WAM on the label so it isn't surprising he would repeat the mistake.

I chalk it up to not really knowing what he is talking about, not "spreading lies". Mis-information yes, lies no.

A "lie" includes an intent to deceive and I see no evidence of that. ConderNov 8, Pickin and GrininNov 8, I'e seen many slabed 88 wide am. I have an 88 wide am. Im fully aware of the common familiarity that society has with this coin so what I am needing to know and hopefully you guys would be nice enough to explain is what are the initials supposed to look like on the reverse?? Thanks in advance yo I'm new to this and people keep frustrating me with bs beating around the bush responses!Transitional errors happen when a coin is struck on a planchet meant for the previous year of a different composition or when a coin is struck with dies meant for a different year.

The most famous example of this might be the Lincoln cent struck on a Copper planchet. Transitional errors happened at all three mints in The cents were intended to be struck only in Steel coated with Zinc to protect the coins from rusting. Again, in the mint changed the composition of the cent and a few of the cents were accidently struck on the Steel planchets from The Steel cents produced in could be due to the mint using the Steel cent planchets to mint the Belgium 2 Franc coin at the same time.

Regardless of how it happened, the Steel cents are considered a transitional error and are highly sought after by collectors. Inthe mints issued seven different business strike varieties of the Lincoln cent for circulation, plus a Proof cent for collectors. Copper plated Zinc and Copper cents were both minted in There were no small date Copper cents issued at the Denver mint. In November ofa collector in Minnisota discovered a D small date Copper cent while searching a mint bag of cents.

The first coin pictured is a large date, compared to a small date in the second image. Another year that has recently gained some attention for transitional errors is If you think you may have found a or D Copper cent visit this page. Other years where people have found transitional errors from cents being minted on the wrong planchets are D and D. Another type of transitional error happens when a coin is minted using a die that was intended for a different year.

This has happened several times in that past and, depending on rarity, these errors can be worth from a few dollars to several hundred dollars. The wrong die can be left over from a previous year or one that was not intended to be used until the following year.

One example of this is the and D cents. These coins have the reverse design that was intended to be used on the cents, but was put into use early by mistake. A similar thing happened in with the cents having the reverse design that was intended to be used on the cents. This also happened at both mints. One of the best pick up points in determining which reverse you have is to look at the designer's initials next to the Memorial building.

Other than the design difference in the initials, they are also usually weakly struck on the cents compared to a bolder strike on the cents.

This new reverse design was accidentally used on an unknown number of and D cents.

These valuable pennies are worth up to $200,000—and they might be in your pocket

The and D close AM cents are the valuables ones. The wide AM on the cents is common. The opposite is true for the, and cents. The wide variety is the more valuable on these dates, but their value is considerably less than the The, and cents have a similar error, but it's not a true transitional error because the different reverses some of them have are not due to a change in design over different years.

1988 wide am penny auction value

Instead it was casued by a mix up in the reverse dies for the Proof and business strikes. The possibility of a transitional error exists any time there is a change in design from one year to the next. The last major change of the reverse design was in when the wheat head reverse was discontinued and replaced with the Memorial reverse design. Ina D cent turned up with the wheat ear design on the reverse. This coin was eventually sent to the US Treasury Department who examined the coin and said that it was genuine.

This coin was to go to auction inbut was pulled because a know forger, Mark Hofmann claimed that he made the coin using the spark erosion process. To date, no third party grading service will authenticate the coin and it is still considered very controversial. Disclaimer Copyright - All Rights Reserved.Log in or Sign up. Coin Talk. We are right in the middle of a civil war in the Roman empire. The battle of Cibalae took place in October, and the result was disastrous for Licinius and his troops.

He had to run away quickly, and planned to continue the fight in the east. But he needed to win time to reorganize his army ; so his secret weapon was Valerius Valens, the Governor of Dacia Ripensis northern Balkans. He used a diversion in naming him co-emperor Despite the fact that Zosimus mentioned Valens as a Caesarthe numismatic evidence indicates he had the rank of Augustus. It was almost certain that Valens will try to keep the power and so a struggle between him and Constantine will appear, helping Licinius.

The war continued and after another terrible defeat, Licinius and Constantinus agreed to negotiate. With the help of Licinius' wife and My collecting interests are always pretty broad, but for the past several months I've been accumulating some silver karshapana coins of the Maurya Empire, as well as their Magadha predecessors.

I'm not sure whether anyone else here is really interested in them, but I wanted to share a few of my favorites, and I'd love to see some examples that my fellow CTers might have. I'm also happy to try and ID any examples anyone might be wondering about, since I have purchased the excellent Punchmarked Coinage of the Indian Subcontinent by Gupta and Hardaker.

These are pretty enigmatic and might not appeal to the aesthetic that most coin collectors are used to, but with a little research they can be very interesting. Many who lived through that era will doubtless recognize Saddam Hussein, the fifth president of Iraq, in office from until An imagined scene from the ancient Battle of Qadisiyah appears to his left, in an apparent attempt to associate it with the Iran-Iraq war ofwhich still raged when this note was issued.

Qadisiyah supposedly occurred around and led to the Arab conquest of modern day Iraq over the Sasanian Empire. The s wartime Iraqi government appropriated this battle for their own purposes at the time. Chris B. They always have a few items that I am interested in and this auction was no different. I only picked up one piece on the day of the auction. I already posted it on the "newest acquisition" thread but here it is again.

A nice Teutonic Thaler of It arrived this past week and I must say it looks even nicer in hand. It will be one of the centerpieces of my German States collection. Teutonic Order.

Maximilian of Austria. AR double thaler. Hall mint. KM Near Extremely Fine; light wear on highest points, lightly toned, flan flaw at 11' obverse; pleasing surfaces and overall a fresh and pleasing coin.

Obverse: Grand Master of the Order Ganymedes - the Beautiful Dear Friends of ancient mythology! To distract you in this sad time of the corono-virus, I will tell you today something about the history of Ganymedes.

Magnus Maximus.How much is my coin worth? Looking for a place to find coin values or current coin prices? This is our basic coin price guide for people who are unfamiliar with coins but want to find out about old coin values. Match your US coins to the pictures and find silver dollar values, half dollar values, and values of any other old US coin. Join Now - It's Free.

Transitional Errors

By submitting this form, you agree to receive emails and the use of your personal information as described in our Privacy Policy. Edit preferences later in My Profile. Go to accessibility notice. Home All Coins. There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values. Currency Pricing Guide How much is my coin worth?

Find By Status. Huge Discounts. Denomination Note: The listed prices are indications of the coin marketplace only, and are not offers to buy or sell. Prices will fluctuate due to many factors, and an individual set may trade for more or less than the range given.

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All Internet Auctions. Subscribe to Free Announcements:. E-mail Bob Marino or call xZach has been coin collecting since childhood. He loves all coins, but Lincoln pennies and Jefferson nickels are his favorites to collect.

Are you hoping to become the next millionaire from a penny plucked from pocket change? If so, good luck! It's not that I don't believe you can't find one, but the fact of the matter is that the odds aren't even remotely in your favor.

However, with that said, there are still quite a few valuable pennies in circulation today. There are billions of pennies currently in circulation, so there's always a chance that you could find something.

This article will explore seven of the most valuable pennies in circulation today. Numismatics is the study or collection of any type of currency, and people who engage in the practice are referred to as numismatists. Let's face it; some things are just too good to be true.

When I read articles saying that there's a chance of finding doubled die and copper cents in circulation, I can't help but chuckle. Sure, there's not an overwhelming populous of coin collectors, but I can almost guarantee that they've removed virtually all these coins from circulation. Not to mention the fact that there's only a handful of copper cents in existence! So, without taking a fantastical approach, I've focused on seven modern mintage Lincoln cents that have a reasonable chance of being found today.

1988 wide am penny auction value

The term 'doubled die' refers to an error in the minting process in which a coin is struck twice. This causes the coin's design to overlap slightly. Note: It may be difficult to spot with the naked eye, but upon placing the coin under 10x magnification, it should be clear that there are two layers of words. Since this penny is most likely going to be the hardest of the seven to find, it does pull in higher values.

The double ear penny is often also referred to as a doubled die obverse error. The error on this coin is a noticeable second earlobe below Lincoln's full ear.

You won't need a magnifying glass; this one is easy to spot.

1988 wide am penny auction value

Recently I've noticed a slight increase in the price of this error penny. This could indicate that these are getting a little harder to find in circulation.When I began collecting coins, I was only interested in old ones because I thought they were the only ones that were valuable.

1988 wide am penny auction value

Once I started researching coins, I discovered that many can still be found in circulation today are worth a lot of money. I was blown away by how much some of these coins are worth.

Lincoln. Copper.

It was unbelievable. Now that I've finished my research, I want to share my results with you. Here is a list of ten valuable pennies that might be in your pocket change right now.

Doubled die coins have an additional, noticeable, misaligned image on them due to an error during the die hubbing process. Inall copper pennies were made out of steel. The U. Mint decided to use steel instead of copper because they needed the copper for military equipment during World War 2. A few known copper coins escaped from the mint. There are only a few known to exist, but it is believed that there may be more out there.

This penny has visible doubling on the front of the coin. This is another coin that has distinct doubling on the obverse front side of the coin. Even though this coin is very rare, it is still being found today.

Its value can reach the thousands. The doubling on this penny is found on the reverse back side of the coin. If you look closely or compare it to another penny from the same year, you will easily notice this error.

Ina few pennies escaped the eye of the U. Mint with doubling seen on Lincoln's ear. Looking carefully, if you have the right coin, you will clearly see that the ear is doubled. As far as value goes, this penny is worth a few hundred dollars. Find all of your pennies from and check their backsides. Therefore, the pennies from should have a noticeable space between the "A" and the "M.

Inthe penny switched to a close AM design—the two letters actually touch! A few of them managed to slip by with the old, wide AM design. If you can track down one of these rarities, it could be worth anywhere from a few hundred dollars to a few thousand depending on its condition.

The '98, '99, and '00 penny should have a closed AM design. However, there are a few that have the wide design. These are the ones you want to find.The first Lincoln cents were minted in August of These coins had the designer's initials V. Within one week, the Chief Mint Engraver stopped production and had all working dies with the initials on the reverse removed.

These dies were taken to the metal shop where the initials were all removed and then placed back into service. Some cents can be found that have traces of the original VDB on the reverse side. It would also stand to reason that some cents would have very weak or only trace amounts of the original initials left on them.

During the war, these metals were not available to the mint, so they had to search for a substitute. Zinc coated steel was chosen. Starting on February 27,a low-grade Carbon Steel was used as the base of the coin, coated with a. By the end ofthe three mints combined produced 1. On January 01,the mint changed the composition by using spent shell casings from the war. At least 40 known examples exist of cents that were struck using the pre-war composition.

Many speculate that this was because of blank planchets being left in the hopper from the previous year. If you think you may have found a Copper cent visit this page.

To learn about the counterfeit Copper cent visit this page. Similar to what happened with the Copper cents, a few Steel cents are known to exist. This could be due to Steel blank planchets being left in the hopper from the previous year or a mix up in planchets, as the US mint was using the same Steel planchets from to strike foreign coins in Made with the same dies used to make the regular issue cents, these coins are thicker than normal and weigh 4.

Struck in Bronze with a plain edge. Some experts now argue that these are not experimental strikes, but the result of a mint error using stock that was thicker than normal. Sincethe date on US coins has been put onto the master hub or the master die. Prior to that, the date was punched into the working dies and sometimes, like what happens with repunched mint marks, the punch could shift between strikes and cause a repunched date on the coins.

Since the dates are not punched into working dies, there is little, if any, chance of a repunched date since That makes this variety extremely controversial. Inthe mint changed the reverse design of the Lincoln cent from the wheat ears that had been on the reverse since when the Lincoln cent was first introduced, to the the Lincoln Memorial. This change marked the th anniversary of Lincoln's birth.

This reverse design was used until A new commemorative design was used inthe th anniversary of Lincoln's birth. A new design depicting a union shield was used in and is still in use today. Ina D cent turned up with the wheat ear design on the reverse. This coin was eventually sent to the US Treasury Department who examined the coin and said that it was genuine. This coin was to go to auction inbut was pulled because a know forger, Mark Hofmann claimed that he made the coin using the spark erosion process.

To date, no third party grading service will authenticate the coin and it is still considered very controversial. We don't know for sure why these coins were minted but it was most likely the result of the mint's search for an alternative to the proof cents that were not minted from through

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