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To date 1993 is the only year apparent that the Close AM style was intended for use on both circulation and proof cents.From that point forward, the new Close AM style dies were reserved to strike circulation coins and the older Wide AM style was maintained for the production of proof cents, though as we can see here, a few mix-ups occur on the proofs too. Wexler first described these design style variations and the fact that the Wide AM style was then apparently being considered by the Mint as a “proof style reverse” in a January 2001 report where he announced that a 2000-dated business strike cent had been discovered mated with one of the Wide AM proof-style reverse dies.He said he was extremely excited to find a variety that he did not even know existed.Menke is 56 years old and has collected coins since he was 10. I speculate that the issue was possibly struck at the end of 1992 to test the new style Close AM dies before they were actually scheduled for use the next year, which the evidence suggests were intended to be introduced in 1993.At the time of this writing only 16 examples in all grades have been certified between Professional Coin Grading Service and Numismatic Guaranty Corporation (which, again, may actually represent a smaller number of total certified coins due to crossovers).
The most recent 1992-D Close AM cent to be sold was auctioned off as Lot 1203 in Teletrade Auction 2690 on May 10, 2009, for ,900.The Morgan dollar was the first coin to captivate his interest. Often times small changes in design can result in major striking problems such as recurring areas of premature die breakage or poor die fill, so testing such dies at one or more of the minting facilities prior to their actual date of introduction is advantageous to the Mint.By the 1980s he ran into fellow coin enthusiast, Dave Stutzman, who was very well known and very active in the error-variety hobby in those days and eventually got interested in that aspect of the hobby, enjoying the thrill of finding treasures in common pocket change. Denver’s Close AM’s A very small number of examples of the “Close AM” reverse are also known on the 1992 Denver issue.Nonetheless, seven are listed as having been certified between PCGS and NGC in a variety of grades.
The total number that exists could be smaller if some of the coins were crossed over from one service to the other and are being counted twice (as is very often the case).If you’d like to search for the scarce to rare Wide AM and Close AM varieties, check all dates from 1992 through 2008.