Coin collecting is an exciting hobby that often leads to discovering valuable treasures hidden in the corners of drawers, coin jars, and forgotten collections. While many collectors focus on coins from earlier centuries, the 1990s also produced rare and valuable coins that are prized by expert numismatists.
These coins are often difficult to find and may fetch impressive prices, especially if they’re in excellent condition. Let’s explore five rare coins from the 1990s that only expert coin collectors are likely to recognize and appreciate.
1. The 1992 Close AM Reverse Lincoln Cent
The 1992 Close AM Lincoln Cent is an extremely rare error coin that’s often overlooked by casual collectors. In 1992, the U.S. Mint changed the design of the reverse side of the Lincoln Cent, but a small batch of coins were mistakenly struck with the old design.
These coins feature the “Close AM” spacing between the letters “A” and “M” in “AMERICA” on the reverse, making them highly sought after by collectors.
Key Features:
- Minted: 1992
- Rarity: Very few were produced with the “Close AM” error.
- Value: Depending on condition, this rare penny can fetch between $10,000 and $20,000.
- Condition: Coins in mint state with little to no wear command the highest prices.
2. The 1995 Doubled Die Obverse Lincoln Cent
The 1995 Doubled Die Obverse Lincoln Cent is another error coin that makes expert collectors sit up and pay attention. This coin features a noticeable doubling of Lincoln’s image on the obverse side, making it a significant error.
The doubling is often visible on the words “LIBERTY” and “IN GOD WE TRUST” and is the result of a misalignment during the coin’s striking process.
Key Features:
- Minted: 1995
- Rarity: This coin is relatively rare, especially in higher grades.
- Value: Depending on its condition, it can be worth anywhere from $500 to $3,000.
- Condition: Higher-grade coins can attract the highest bids at auctions.
3. The 1999 Wide AM Reverse Lincoln Cent
Much like the 1992 Close AM error, the 1999 Wide AM Reverse Lincoln Cent features an error in the spacing between the “A” and “M” in “AMERICA” on the reverse side.
This error coin is part of a very small batch of pennies struck with the “Wide AM” design, which was later corrected. The 1999 Wide AM Lincoln Cent is considered one of the rarest Lincoln cents from the 1990s.
Key Features:
- Minted: 1999
- Rarity: Only a small number of coins were struck with the “Wide AM” error.
- Value: This rare penny is valued at approximately $10,000 to $15,000.
- Condition: Coins in MS-65 or higher are highly prized among collectors.
4. The 1990 No Mint Mark Jefferson Nickel
The 1990 No Mint Mark Jefferson Nickel is another elusive coin that’s gained considerable attention in recent years.
The regular Jefferson Nickel from this year should have the “D” mint mark (indicating it was minted in Denver), but a small number of nickels were struck without any mint mark at all. These unmarked coins are extremely rare, making them highly valuable.
Key Features:
- Minted: 1990
- Rarity: Extremely rare, with only a few examples in existence.
- Value: Depending on condition, the 1990 No Mint Mark Jefferson Nickel can be worth around $5,000 to $20,000.
- Condition: As with all rare coins, a pristine example can significantly increase the coin’s value.
5. The 1996-W Roosevelt Dime (Special Mint Set Issue)
The 1996-W Roosevelt Dime is a coin that was only included in a special set produced by the U.S. Mint. This coin, struck at the West Point Mint, was not released into regular circulation.
Its rarity comes from the fact that it was only available in a limited edition “Special Mint Set” issued in 1996, making it a highly sought-after coin for collectors.
Key Features:
- Minted: 1996 (West Point Mint)
- Rarity: Only available in a special mint set, making it rare.
- Value: This dime can fetch between $300 and $800 in mint condition.
- Condition: Coins in perfect or near-perfect condition can command the highest prices.
Overview of Rare 1990s Coins
| Coin | Minted Year | Error or Rarity | Estimated Value | Condition Impact |
|---|---|---|---|---|
| 1992 Close AM Reverse Lincoln Cent | 1992 | Error in “AM” spacing | $10,000 to $20,000 | Higher value for uncirculated |
| 1995 Doubled Die Obverse Lincoln Cent | 1995 | Doubling of obverse features | $500 to $3,000 | High-quality grades attract top bids |
| 1999 Wide AM Reverse Lincoln Cent | 1999 | Error in “AM” spacing on reverse | $10,000 to $15,000 | Higher-grade coins are valuable |
| 1990 No Mint Mark Jefferson Nickel | 1990 | Missing mint mark | $5,000 to $20,000 | Higher-quality coins are more valuable |
| 1996-W Roosevelt Dime | 1996 | Special mint set issue (West Point) | $300 to $800 | Mint condition coins have a premium |
While most coin collectors are familiar with the older and more famous coins, the 1990s produced a handful of rare and valuable coins that are known only to expert collectors.
The 1992 Close AM Reverse Lincoln Cent, 1995 Doubled Die Lincoln Cent, 1999 Wide AM Lincoln Cent, 1990 No Mint Mark Jefferson Nickel, and 1996-W Roosevelt Dime are just a few of the highly collectible coins from this decade.
Their rarity, coupled with minting errors and limited releases, make them extremely valuable additions to any collection.
FAQs
What is a “doubled die” coin?
A “doubled die” coin occurs when the die used to strike the coin shifts slightly during the minting process, creating a double image. This error can significantly increase the coin’s value, as seen in the 1995 Doubled Die Obverse Lincoln Cent.
Why is the 1990 No Mint Mark Jefferson Nickel so valuable?
The 1990 No Mint Mark Jefferson Nickel is valuable because it was minted without the standard “D” mint mark, making it an extremely rare error coin that collectors actively search for.
How can I tell if I have a 1999 Wide AM Lincoln Cent?
The 1999 Wide AM Lincoln Cent features a distinct wide spacing between the “A” and “M” in “AMERICA” on the reverse. A close inspection under magnification can help you spot this error.
What is the value of the 1992 Close AM Lincoln Cent?
The 1992 Close AM Lincoln Cent is valued between $10,000 and $20,000, depending on its condition and whether it is graded by a professional service.