What makes the 1992 penny so rare?

After stopping the wheat pennies in 1909, the US mint started minting the 1959 Lincoln Memorial pennies. These pennies were made to celebrate the 150th birthday of the president.  The 1992pennies are penny is also part of this Memorial penny series and comes with importance in US history. These old, not very larger so makes mint cost, them low cost but some error coins are thousands of dollars. let’s how get started with much a penny 1992 is worth value.

1992 Penny Value Chart

Mint Mark
Good Fine Extremely Fine Uncirculated MS63 MS67 MS69 PR67
1992 No-Mint Mark Penny
$0.34 $6 $24 $1,750
1992-D Penny
$0.05 $0.05 $0.05 $0.34 $6 $28 $4,000
1992-S Proof Penny
$6 $6

1992 No mint mark penny value

In 1992 the Philadelphia mint made 4,648,905,000 pennies without mint marks, and these are a very large number of mints. So they are easily available and have low value, but some are high value. Based on conditions for MS, these coins have a value of ten cents to about 130 dollars. While MS69-grade coins are high value, they are about 1000 dollars.

Circulated cents are equal to face value in brown color, about ten cents. Circulated coins can be about 8 dollars.

Red 1992 no mint mark coins are high value, about ten dollars for MS65 grade, and MS67 can be about 800 dollars.

1992 penny value

1992 Red penny penny not mint mark value

Grade 1992 Red penny value not mint
MS 60 $0.10
MS 61 $0.13
MS 62 $0.16
MS 63 $0.22
MS 64 $0.31
MS 65 $0.40
MS 66 $2
MS 67 $10
MS 68 $130
MS 69 $1,000

1992 D penny value

Country:
United States of America
Year 1,992
Edge: Plain
Front Designer:
Victor David Brenner
Back Designer:
Frank Gasparro
Quality:
Business Strike
Denomination: One Cent
Mintmark: D
Mintage: 4,448,905,000
Alloy:
.992 zinc, .008 copper
Weight: 2.5 g
Diameter: 19.0 mm

The Denver mint made about 4,448,673,300 coins in 1992 and larger number coins in uncirculated conditions, about 25 dollars, and a low value is ten cents. These coins have a D mint mark.

An MS67 grade 1992 D penny is worth about 8 dollars. Red 1992 D penny is high value. MS65 grade is 25 dollars, and MS67 red penny sold for 4000 dollars.

The 1992 D penny sold in 20124 for 14100 dollars MS65 grade.

1992 D Red penny penny value

grade
1992 D Red penny
MS 60 $0.10
MS 61 $0.13
MS 62 $0.15
MS 63 $0.21
MS 64 $0.33
MS 65 $0.40
MS 66 $2
MS 67 $15
MS 68 $27
MS 69 $2,750 auction price

1992 S Penny Value

In 1992, the San Francisco mint made 4,176,560 pennies, and these are now low cost. These coins are proof and a special type of die used for making these coins. These coins in good condition we can get in five cents to five dollars.

MS65-grade 1992 proof pennies are about four dollars, and MS65-grade can be 23 dollars in red color.

Gem coins are up to 97 dollars.

DCAM PR70 grad coin sold in 2003 for 1380 dollars.

1999 S Red DCAM penny value

Grade
1999 S Red penny DCAM
PR 60 to PR 64 $0.50
PR 65 $1.00
PR 66 $2
PR 67 $3
PR 68 $4
PR 69 $5

1992 Memorial Penny Errors

Wide and Close AM Penny Errors

This error can be seen on letter AM of word AMERICA on the backside of coins. In this error, there is a larger space between letters A and M. That makes the wide 1992 penny error, and in the other error, both are close to each other, making the 1992 close AM error.

The error coins with wide AM come with initials of designer FG close to the memorial. The more distance exists for close AM error

The MS67 grade close AM error coins are about 20,000 dollars.

A 1992 no-mint mark penny with a closed AM error sold in 2022 for 5000 dollars.

The 1992 D penny closed AM AU58 sold in action 2012 for $3,525.

grade 1992 close AM Red penny
MS 60 $2,000.00
MS 61 $2,500
MS 62 $2,600.00
MS 63 $3,500
MS 64 $6,000
MS 65 $9,000
MS 66 $12,000
MS 67 $20,000

Penny Broad Struck Error

This error is a result of a coin struck without a collar. So make coins broader designer as compared to real design and dimensions, and this MS64 1992 broad struck error sells for $23. For a high grade, it can be sold for 100 dollars.

1992 Doubled Die Error

The double die error can be seen on any side of coins, either the front side or the back side of Lincoln Memorial pennies that were made in 1992.

This error double die obverse, the error doubling effect, can be seen in the motto IN GOD WE TRUST, LIBERTY, and the backside of the coin mottoE PLURIBUS UNUM has doubling effects in letters. According to conditions, coins with this error have a value of about 150 dollars or more.

Off-center Error

In this error, during design printing, the coins design was not accurately added on coins, and some part of the design was missed. The value of coins is based on the percentage off-center; the high percent of center is high value, but details are visible. The ten to twenty percent off center is rare, and fifty percent off center 2nd strike coins are about 40 dollars, and 75 percent off center has a value of about 50 dollars.

History of the 1992 Penny

The Lincoln pennies were first made in 1909 to celebrate the 16th USA president’s birthday anniversary. The penny called wheat penny has two wheat stalks on the backside. The design of wheat pennies was made by Victor David Brenner, and before releasing, there were many changes made in coins. These wheat pennies were used until 1959 for 50 years, and then new pennies were made with the back side Lincoln Memorial that were called Lincoln Memorial pennies. The Lincoln Memorial pennies were used for 2008 and then replaced with Union shields.

The 1992 is also Lincoln memorial pennies, and the design of Lincoln memorial pennies was made by sculptor Frank Gasparro that added Lincoln Memorial on the back side of coins with replacing wheat stalks. Not only did the design change for pennies, but also their composition changed. At start pennies were made with a 95 percent copper and zinc tin alloy. But with time, copper content reduces due to the high value of copper.

Before the 1980s, the zinc core and copper cladding were used for the penny’s composition. The 1992 Lincoln pennies are made with a copper-copper-clad composition.

Mint Minted
Philadelphia 4,648,905,000
Denver 4,448,673,300
San Francisco 4,176,560
Total 9,101,754,860

Features of the 1992 Penny

Obverse of the 1992 Penny

The front side of the 1992 penny has a photo of Abraham Lincoln facing left. The motto is “In God We Trust on this side. The minting date is 1992; “LIBERTY is also  seen there. ord LIBERTY on the left of the surface while the date, 1992, appears on the right, in front of Lincoln’s portrait.

Reverse of the 1992 Penny

The back side of coins has the Lincoln Memorial. Where the photo of the president can be seen in the memorial building. The motto E PLURIBUS UNUM, also written that means out of many and ONE CENT denomination and initials designer Frank Gasparro FG, is added there.

Some other features of the 1992 penny are

  • The value of coins is one cent, and round-shaped coins.
  • It is made with 97.5% zinc and 2.5% copper.
  • Its thickness is 0.05985 inches, and its diameter is 0.75 inches.
  • Its weight is 0.08819 and it has a plain edge.

Features of the 1992 Penny

Mintage 9,327,249,863
Category:
Lincoln Memorial Cent
Shape Round
Coin weight 2.5 g
Face value One cent
Compound
Zinc 97.5% and copper 2.5%
Edge Plain
Coin thickness
1.52 mm
Coin diameter
19.05 mm
Obverse designer:
Victor David Brenner
Reverse designer: Frank Gasparro

Most valuable 1992 Memorial penny

Grade Mint Error/Type Color Sold in Value
MS 67 Close AM Red 2017 25,850
MS 64 Close AM Red-Brown 2020 22,800
MS 65 D Close AM Red 2014 14,100
AU 58 D Close AM Brown 2012 3,525
MS 69 Red 2008 2,875
MS 62 D Close AM Red-Brown 2015 2,820
MS 63 D Close AM Red-Brown 2018 2,500
MS 63 Brown 2004 1,438
NGC Genuine Close AM Brown 2022 5,000
AU 55 Red-Brown 2010 4,830
PR 70 DCAM S 2003 1,380
MS 66 D Brown 2018 85
XF 40 D Red-Brown 2000 253
MS 64 Close AM Red 2016 8,813
MS 66 D Close AM Red 2020 8,413
AU 58 D Close AM Brown 2015 5,640
MS 69 D Red 2012 5,175
MS 63 Close AM Red-Brown 2018 5,040

Most valuable 1992 D Memorial penny ever sold

Grade Sold in value ($)
MS66- Red November 6, 2023 9,600
MS66- Red January 8, 2020 8,413.20
MS66- Red August 14, 2019 12,000
MS65-Red February 25, 2022 3,120
MS65-Red February 7, 2013 13,512.50
MS64+RD February 7, 2013 5,140.63
MS64+RD July 27, 2023 3,995
MS64- Red August 7, 2020 3,720
MS64- Red June 14, 2018 4,320
MS64- Red February 4, 2016 8,812.50
MS64- Red September 27, 2013 4,700
MS65-Red April 22, 2021 8,400
MS65-Red January 10, 2019 3,600
MS65-Red March 15, 2019 4,320
MS65-Red April 27, 2018 7,200
MS65-Red February 27, 2014 14,100
FAQs

What is the value of the 1992 No Mint Mark Memorial penny?

  • The 1992 penny without a mint mark is about 130 dollars, and the lowest price is ten cents according to conditions. Some higher grades are about $1,000.

Is a 1992 penny worth $25,000?

  • The 1992 close AM penny is a rare and high-value coin that sold at auction for $25,000. 

How to find a 1992 penny that is rare?

  • The best method is to check for errors close to AM on coins. The penny distance with A and M letters of AMERICA on the backside is high value.

What is the value of a 1992 penny with the A and M close?

1992 D close AM Red penny value is as

grade
1992 D close AM RD penny
MS 60 $2,000
MS 61 $2,250
MS 62 $2,500
MS 63 $3,350
MS 64 $4,000
MS 65 $7,000
MS 66 $9,000

How rare is a 1992 close AM penny?

  • The 12992 Close AM error penny of D mint is rare, and very few coins exist. The 1992-D Close AM penny is more common than the 1992-P Close AM; there are about 15 coins that exist.

Is the 1992 Lincoln penny sold for over $20,000?

  • In 2012, a 1992 special Lincoln penny sold for more than 20,000 dollars in auction. IN 2017 another penny sold for 250,000 dollars. That is a CLose AM MS64 1992 penny.

Which 1992 penny is worth the most?

  • 1992 Close AM penny, the back side word AMERICA, comes with letters A and M close to each other. This coin is high value that can be sold for $2,000 and $3,000.

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