U.S. Mint Strikes Two Varieties for
1998. 1999 & 2000 Lincoln Cent Reverse!

Scarce Business Strike Variety
Found With Proof Style Reverse

Updated 10/23/06


Very Scarce To Rare

Type-2 Proof Style Wide AM Reverse


"A search of current and completed eBay auctions seems to imply that the 1998 may be very scarce to rare since a number of 2000 dated specimens have been offered while I can find no offers of the 1998!"  1999 specimens appear to be exceedingly rare!


       In John Wexler's front page Coin World story of January 22, 2001 he reported the discovery of a 2000 dated business strike Lincoln Cent struck with a proof style reverse die.  Shortly after his announcement the same variety was found on 1998 dated cents (See Randy Camper's February 5th front page Coin World story).   Quite a bit later this variety was discovered on a 1999 dated cent!  As noted by Wexler, since 1993, the reverse dies for the Lincoln Cent have bore noticeable differences between the dies used for general business strikes and those prepared for special proof coinage.  In fact, in our Coin World VIP tour of the Philadelphia Mint, (that Wexler and I attended in 1998), a Mint spokesman noted that the dies for proof cents were different from business strike dies, with special enhancements of the proof dies implemented for cosmetic reasons. It was obvious that the proof style dies were never intended to be used for business strike coinage.
So far, finds of Ty-2 variety for both dates have proven to be very few and far between with the 1998 appearing many times scarcer than the 2000.   A search of current and completed eBay auctions (as of  5/01/01) seems to imply that the 1998 may be very scarce to rare since a number of 2000 dated specimens have been offered while I can find no offers of the 1998!  1999 specimens appear to be exceedingly rare!


Type 1 Regular Business Strike Reverse

Type 1: On this regular business strike variety (Ty-1) the letters AM of AMERICA are close together and almost touching; the designer's initials, FG, at the right side of the base of the Memorial Building are spaced well away from the building.

 
Type 2 Proof Style Reverse

    Type 2:  On this business strike with proof style reverse (Ty-2) the letters AM of AMERICA are spaced significantly further apart than on the the Ty-1; the designer's initials, FG, are close to the base of the Memorial Building.  This issue is very scarce on both 1998 and 2000 dated cents.


We offer Full Red Ty-2 cents as follows:

1998 Type-2 (Wide AM Rev):
MS63 RD -
$35, MS64 - $45 MS65 RD - $55, MS66 RD - $75.00

Special
 ANACS Graded 1998 Ty-2 Pieces
We have a small batch of this variety (26 pcs) that I purchased as AU that were picked from circulation by a number of different searchers that supplied them to me over the past few years.  I submitted all at one time to ANACS and they came back with grades ranging from AU to MS62.
Note:
All that are graded Mint State are noted as Red & Brown -- There are No Reds!
Because they are all AU or otherwise
Red & Brown, we will sell them at
$27 ea or 4 for $99
until gone!


1998 Type-2 (Wide AM Rev)
w/"Phantom D" Mintmark*:

MS63 RD -
$45, MS64 RD - $55


This Is The RARE ONE!!!
1999 Type-2 (Wide AM Rev):
   MS63 RD - $425, MS64 RD - $495, MS65 RD - $650
PCGS 64 Red - $650, ANACS 65 Red - $750


2000 Type-2 (Wide AM Rev):
MS63 RD -
$25, MS64 RD - $35,  MS65 RD - $45, MS66 RD - $49.95
ICG-64 - $42.50, ICG-65 - $49.95, ICG-66 $55.00
ANACS-64 RD $45.00, ANACS-65 RD $55.00.
Above prices supercede all others and are effective as of 10/06

See The 1999-S Ty-1 Close AM Proof Varieties Here:
1999-S Close AM Rev Proof 1c


    *Some of the 1998 pieces offered here also exhibit the so-called "Phantom D" Mint Mark; slight traces of the Denver Mint Mark that were left on the the 1998 Lincoln cent master hub, modified for use as a Philadelphia hub.  The so-called "Phantom D" variety was created by the Mint by grinding the Denver Mint Mark off the master hub and then using it to produce a master die for Philadelphia cent die production.  Traces of the D remained on the master hub and were transferred to the master die and then to working hubs and further on to working dies.  In general, the "Phantom D" wore off the tooling in short order and thus only shows on coins produced from earlier stages of the Philadelphia cent tooling.  We make note of them here for those that are interested in acquiring one with the Type 2 reverse. 



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Ken Potter
P.O. Box 760232
Lathrup Village, MI 48076-0232

  Phone: 1-(313)255-8907   E-mail: KPotter256@aol.com

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