1992 Close AM Lincoln Penny Value and Coin Guide

In 1992, the United States Mint re-cut the Lincoln cent reverse master hub in an effort to sharpen the details and create a better strike. And while the design remained nearly identical, the lettering in the legend UNITED STATES OF AMERICA was shifted slightly. In the older design, the letters “AM” are separated; on the new version, these letters are almost touching. Intended for release in 1993, several new reverse dies were nonetheless used in 1992 by both the Denver and Philadelphia mints (there are roughly a dozen examples of the 1992-D Close AM known). The variety was discovered in December 2001 by collector Colin Kusch. The 1992 Philadelphia Close AMs are slightly rarer. First discovered in May 2006 by Michigan coin collector Parker Ogilvie, there are roughly 10 known examples.

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