1992-D Lincoln Memorial Cent : History & Value

By Charles Morgan and Hubert Walker for CoinWeek Notes …..
 

The Denver Mint struck almost 4.5 billion Lincoln Memorial Cents in 1992. In a standard manufacturing 12 months, collectors wouldn’t take a lot discover of the difficulty. However the incidental muling of a Proof reverse die with a business-strike obverse has sparked fairly a little bit of collector curiosity lately.

The frequent number of the date, which accounts for almost the whole thing of the 12 months’s manufacturing, has yielded numerous almost excellent cash and tends to return good.

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Market Information and Noteworthy Specimens

A fast scan of just lately accomplished eBay gross sales prompts us to make a couple of factors for the advantage of newer collectors.

• The going charge for a 1992-D Lincoln Cent can’t be larger than the price of a 1992 Uncirculated Coin Set. If a vendor is asking greater than $7 to $10 for a coin, purchase a set from one other vendor as an alternative. A good value for a standard Mint State Pink 1992-D Lincoln Cent is about $1.
• Artificially toned 1992-D Lincoln Cents don’t have any numismatic worth. Don’t purchase artificially toned cash. You’ll remorse it.
• Newbie sellers providing uncommon “varieties” usually have no idea learn how to establish varieties. Purchase varieties from sellers who specialise in such and keep away from shopping for cash when you have no idea what you’re shopping for.
• There isn’t a purpose to purchase a Shut AM coin that’s not in an authorized holder.

As of this replace in November 2024, NGC and PCGS have every made yet another high pop MS69RD coin since April. In the identical time, CAC has graded two cash–one in MS67RD and one in 66RD–the place earlier than they’d graded none.

Prime Inhabitants: PCGS MS69RD (14, 11/2024), NGC MS69RD (10, 11/2024), and CAC MS67RD (0:1 stickered:graded, 11/2024).

• NGC MS69RD #6103684-002: Heritage, April 30, 2023, Lot 54793 – $660.
• NGC MS69RD #6330808-005: Heritage Auctions, September 27, 2022, Lot 27083 – $1,680.
• PCGS MS69RD #36746859: Legend, Could 16, 2019, Lot 294 – $3,525. Safe Defend holder.
• PCGS MS69RD #73279305: “The Western Hills Assortment,” Heritage Auctions, June 2, 2005, Lot 5277 – $2,127.50; Stack’s Bowers, March 21, 2012, Lot 1734 – $5,175.
• PCGS MS69RD: “Near Perfection Assortment, the #1 All-Time Best Lincoln Memorial Cents Fundamental Set,” Stack’s Bowers, June 17, 2010, Lot 1436 – $4,600.

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1992-D Lincoln Cent, Shut AM

Shut AM refers back to the distance between the letters “A” and “M” of AMERICA, which seems on the reverse of the Lincoln Memorial Cent. Dies with the vast AM spacing have been supposed for use to strike Proofs. On the Extensive AM dies, United States Mint engravers additionally place Frank Gasparro’s initials FG farther from the Memorial’s base than on dies supposed to strike circulating cash.

Collector Colin Kusch found the primary Shut AM die pairing in December 2001. In response to selection knowledgeable John Wexler, the Kusch discovery coin was struck utilizing dies in a center die state, indicating that the Denver Mint had made a concerted effort to destroy the experimental strikes however that a couple of have been launched. Minnesota collector Greg Smith found a second die pairing in 2017.

The 1992-D Lincoln Cent Shut AM shouldn’t be as elusive at present because it was within the first few years after its discovery. Mint State Pink examples proceed to seek out prepared patrons for $3,000 to $4,000 via MS64. Gems promote for significantly extra. Even circulation-find examples can yield monetary returns for fortunate collectors.

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Market Information and Noteworthy Specimens

Prime Inhabitants: PCGS MS66RD (4, 11/2024), NGC MS65RD (5, 11/2024), and CAC N/A (0:0 stickered:graded, 11/2024).

• PCGS MS66RD #45724119: Heritage Auctions, November 6, 2023, Lot 92334 – $9,600.
• PCGS MS66RD #38184942: Heritage Auctions, January 8, 2020, Lot 3252 – $8,413.20.
• PCGS MS66RD #37252511: Heritage Auctions, August 14, 2019, Lot 3143 – $12,000.

• NGC MS65RD #2611285-001: Heritage Auctions, February 25, 2022, Lot 3459 – $3,120.
• PCGS MS65RD #38377573: Heritage Auctions, April 22, 2021, Lot 3259 – $8,400.
• NGC MS65RD #1787370-001: Heritage Auctions, January 10, 2019, Lot 4125 – $3,600; Heritage Auctions, March 15, 2019, Lot 3539 – $4,320; Heritage Auctions, November 3, 2019, Lot 766192 – View.
• PCGS MS65RD #34790895: Heritage Auctions, April 27, 2018, Lot 4620 – $7,200; GreatCollections, November 15, 2020, Lot 898324 – View; GreatCollections, September 24, 2023, Lot 1439474 – View.
• NGC MS65RD #4483297-001: Heritage Auctions, December 7, 2017, Lot 3021 – $4,680.
• PCGS MS65RD #25351030: Heritage Auctions, February 27, 2014, Lot 3734 – $14,100; Heritage Auctions, January 4, 2017, Lot 3342 – $8,225.
• PCGS MS65RD #26778987: Heritage Auctions, February 7, 2013, Lot 3722 – $13,512.50.

• PCGS MS64+RD #26746209: Heritage Auctions, February 7, 2013, Lot 3721 – $5,140.63; Legend Uncommon Coin Auctions, July 27, 2023, Lot 14 – $3,995. OF weakly struck; GreatCollections, October 27, 2024, Lot 1682667 – View.

• PCGS MS64RD #39032678: Stack’s Bowers, August 7, 2020, Lot 2445 – $3,720.
• PCGS MS64RD #14834838: Heritage Auctions, June 14, 2018, Lot 3225 – $4,320; Heritage Auctions, October 31, 2021, Lot 1068299 – View.
• PCGS MS64RD #26451968: “The ESM Assortment,” Stack’s Bowers, March 22, 2018,  Lot 2156 – $3,840.
• PCGS MS64RD #33384913: Heritage Auctions, February 4, 2016, Lot 3090 – $8,812.50.
• PCGS MS64RD #27857594: Heritage Auctions, September 27, 2013, ,Lot 6251 – $4,700; Heritage Auctions, March 28, 2021, Lot 966351 – View.
• PCGS MS64RD #25063715: Stack’s Bowers, August 14, 2013, Lot 1591 – $3,818.75.

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Coin Specs

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