If you’re a coin collector or just someone who keeps an eye on the change in your pocket, you might be lucky enough to stumble upon a rare find. One such hidden gem is the 1999 Wide AM Penny, a coin that can be worth up to $2,000 depending on its condition. This penny stands out because of a subtle but significant error in the minting process, which makes it highly valuable to collectors. In this article, we’ll take a closer look at what makes the 1999 Wide AM Penny so special and why it’s worth much more than its face value.
What Makes the 1999 Wide AM Penny Unique?
The 1999 Wide AM Penny gets its name from an unusual feature in the “AMERICA” inscription on the reverse (back) side of the coin. On most regular 1999 pennies, the “A” and “M” in “AMERICA” are close together. However, on the Wide AM Penny, there’s a noticeable gap between these two letters. This spacing error occurred when the U.S. Mint accidentally used a proof die (designed for making proof coins) to strike some regular circulation pennies.
This minting mistake is rare, and only a small number of 1999 Wide AM Pennies were produced. Since these pennies were made using a different type of die, they stand out from the standard 1999 pennies, which helps explain their high value.
How to Identify a 1999 Wide AM Penny
If you’re hoping to find a 1999 Wide AM Penny in your pocket change, it’s important to know what to look for. Here’s how you can spot one:
- Check the “AMERICA” Inscription: The main feature of this coin is the gap between the “A” and “M” in AMERICA. On a regular penny, the “A” and “M” are very close together. On the Wide AM Penny, there is a clear gap between the two letters.
- Look at the Reverse Side: The wide gap between the “A” and “M” is located on the back of the coin, near the top where the letters of “AMERICA” are located. The mistake is subtle but noticeable if you compare it to a regular 1999 penny.
- Compare to a Normal 1999 Penny: If you have a regular 1999 penny, look closely at the “A” and “M” in “AMERICA.” If they’re very close together, it’s not a Wide AM Penny. But if you see a clear space between them, you might be holding a valuable coin.
1999 Wide AM Penny: A Valuable Coin
The 1999 Wide AM Penny is valuable due to its minting error and rarity. The mistake, caused by the use of a proof die for some regular pennies, makes it an error coin highly sought after by collectors. Depending on its condition, this coin can be worth between $100 to $2,000.
Table of 1999 Wide AM Penny Value
| Coin Name | Year | Error/Feature | Value Range ($) | Material |
|---|---|---|---|---|
| 1999 Wide AM Penny | 1999 | Wide gap between “A” and “M” in “AMERICA” | Up to $2,000 | Copper |
Why is the 1999 Wide AM Penny Worth Up to $2,000?
A 1999 Wide AM Penny in good condition can be worth up to $2,000, although prices can vary depending on the coin’s condition and its certification. The main factors that contribute to its value include:
- Rarity: Since this error coin was only produced in limited numbers, it’s considered rare. Most 1999 pennies do not have the wide gap between the “A” and “M,” making this version hard to find.
- Condition: As with all collectible coins, the better the condition of the penny, the more it’s worth. Coins that are well-preserved, with minimal wear and tear, fetch higher prices.
- Demand Among Collectors: Coin collectors are always on the lookout for rare error coins like the 1999 Wide AM Penny. Its unique features make it highly sought after by numismatists, driving up the price.
How Much Can You Sell a 1999 Wide AM Penny For?
The value of a 1999 Wide AM Penny can vary depending on several factors. Here’s a general idea of what you might expect:
- Good to Fine Condition: If the penny shows some signs of wear but is still legible, it can sell for $100 to $500.
- Very Fine to Extra Fine Condition: A penny that is in better condition could fetch anywhere from $500 to $1,500.
- Mint State (MS): If the coin is in near-perfect condition and graded by a professional service like PCGS or NGC, it can sell for up to $2,000 or more.
To get the best price, you can have the coin professionally graded and authenticated. Grading services assess the condition of the coin and give it a rating, which helps potential buyers understand the coin’s quality.
1999 Wide AM Penny vs. 1999 Close AM Penny
There’s also a 1999 Close AM Penny, which is the more common version. On this coin, the “A” and “M” in AMERICA are very close together, as they are on most other pennies. The Close AM Penny does not have the same value as the Wide AM Penny, as the error in the spacing is what makes the Wide AM so rare and valuable.
Conclusion
If you’re into coin collecting or simply like searching through your change, the 1999 Wide AM Penny could be a rare treasure you didn’t know you had. Its unusual gap between the “A” and “M” in AMERICA makes it a highly prized error coin, with prices reaching up to $2,000 for well-preserved specimens. While it’s not easy to find one, keeping an eye on your coins and knowing what to look for might just lead to a jackpot. So, start checking those pennies carefully – you never know when you might come across a 1999 Wide AM Penny worth thousands!
FAQ’s
What is a 1999 Wide AM Penny?
A 1999 Wide AM Penny is a rare error coin where the “A” and “M” in “AMERICA” on the reverse side of the penny are spaced further apart than usual. This error occurred when a proof die was used to mint regular circulation pennies.
How can I tell if my 1999 penny is a Wide AM Penny?
Look at the back of the penny, specifically the word “AMERICA.” If the “A” and “M” are farther apart than usual, then you likely have a Wide AM Penny. Compare it to a regular 1999 penny for reference.
How much is a 1999 Wide AM Penny worth?
A 1999 Wide AM Penny can be worth anywhere from $100 to $2,000, depending on its condition and certification. Coins in mint or near-mint condition can fetch the highest prices.