Most 1998 pennies in circulated condition are only worth their face value of $0.01. The 1998 penny with no mint mark and the 1998 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade. The 1998 S proof penny is worth around $9 in PR 65 condition.
What makes a 1998 penny valuable?
The most common variety for the Philadelphia-minted 1998 is the close “AM” variety. Although the one shown above is the rarer wide “AM” variety for this year and mint. USA Coin Book Estimated Value of 1998 Lincoln Memorial Penny (Wide AM Variety) is Worth $27 or more in Uncirculated (MS+) Mint Condition.
What is my 1998 penny worth?
CoinTrackers.com has estimated the 1998 Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $1.
Who is on the penny and why?
The man on our pennies today is Abraham Lincoln, our 16th president. During the time the Lincoln design has appeared on the obverse (front), several different designs have been used on the reverse (back): first a wheat design, then the Lincoln Memorial.
How much is a 1998 D Close AM penny worth?
USA Coin Book Estimated Value of 1998-S Lincoln Memorial Penny (Close AM Variety) (Proof Coin) is Worth $520 or more. Click here to Learn How to use Coin Price Charts.
Is a coin flip really 50 50?
If you toss the coin once, it’s always 50/50. It varies how many times you flipped the coin and the results (heads and tails).
What kind of Penny was made in 1998?
The US Mint produced two major varieties of the 1998 Lincoln Memorial Cent (Penny). The most common variety for the Philadelphia-minted 1998 is the close “AM” variety. Although the one shown above is the rarer wide “AM” variety for this year and mint.
What’s the reverse of a 1998 Lincoln cent?
1998 S Business Strike Reverse AKA CLose AM or CLAM 1999 S Business Strike Reverse AKA CLose AM or CLAM These 2 coins are proof coins struck with a polished business strike die, making them once again Wrong Die Coins. They are the opposite of the previous coins: the 1998,1999, and 2000 WAMs.
When did they stop putting mint marks on pennies?
In an effort to reduce coin collecting, coins minted in 1965, 1966, and 1967 had no mint marks. Note: The “P” mintmark had never appeared on a penny until 2017, when the Philadelphia mint quietly released a 2017-P penny to commemorate the mint’s 225th anniversary.
What’s the difference between a 1999 and a 2000 Lincoln cent?
They are the opposite of the previous coins: the 1998,1999, and 2000 WAMs. They are CLose AMs or CLAMs. The dies used to make these coins were probably business strike dies that got sent to the San Francisco Mint by mistake. These coins have the AM in America touching and the FG being farther from the Memorial Building.