How to ID the Rare 1992 Penny with Close AM

What is a penny with a “close AM”, and how much is it worth?

Heritage Auctions is proud to offer a rare 1992 close AM variety penny in our November US coins signature auction. Watch this video to learn more.

AUCTION PREVIEW: View the 1992 Lincoln Penny with Close AM. Online bidding opens about October 30, 2020.

Why is a penny less than 30 years old worth so much? It’s all thanks to a mix-up at the US Mint.

How to identify a 1992 close AM penny?

Here’s how to know if your 1992 penny is worth thousands: Look at the reverse then look at the A and M in America. If the letters almost touch, then you’ve got the rare 1992 close AM. If there’s space between the letters, then your penny is worth one cent.

How much is a 1992 penny with close AM worth?

In 2017 Heritage sold a 1992 close AM penny for $25,000. Check your couch cushions your wallet and wherever else you keep your spare change as you may have one of these rare coins in your possession.

Best place to sell a 1992 close AM penny?

If you find one, let us know we’ll help you get top dollar for your rare find. Simply request a free auction appraisal.

Posted by Heritage Editorial

This article was written as a collaborative effort by multiple experts within the category at Heritage Auctions.

  1. I have two Lincoln cents and one is blank on the front and the other one blank on the back. I have a few that are either DDO or DDR and a 1992 close AM penny. I’ve looked at the other 1992 pennies and the gap between the AM is wide and the one I have is almost touching. Could I send you pictures of the coins and see what you can do with them for me? Thank you so much for your time and help. Have a great day.


    1. James.

      To see how much your item is worth, visit
      092517 . You can also call us at 1-800-872-6467.


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