While reviewing the initial results in various categories of recent auctions, my initial take is that the sales were moderate to strong.
The 1998-S Close AM proof Lincoln cent was accidentally struck with a business-strike die, which at that time ordinarily exhibited the letters A and M of the word AMERICA virtually touching each other at their bases. Fewer than 100 examples of this variety are known, and due to scarce supplies and high demand, examples easily command hundreds and sometimes even thousands of dollars. A similar error was created the following year, when some 1999-S proof cents were produced using a 1999 business-strike reverse die.
Obverse Description
Bust of Abraham Lincoln framed by IN GOD WE TRUST on the top periphery. The word LIBERTY to the left of the portait and the date postioned on the right side.
Reverse Description
Lincoln memorial building centered with words ONE CENT, UNITED STATES OF AMERICA on top and bottom periphery. E PLURIBUS UNUM centered above the top of the memorial.
Catalog Information
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Subject: I would like to contribute catalog info to CDN for 1998-S 1c Close AM PR RD
Body: Referring page: http://www.greysheet.com/prices/item/1998-s-close-am-1c-proof-lincoln-cent-with-red-surfaces/gsid/315589 GSID: 315589 Title: 1998-S 1c Close AM PR RD
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Values
| Grade | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|
| PR69 | $175.00 | $1,234 |
| PR68 | $130.00 | $1,234 |
| PR67 | $1,234 | $1,234 |
| PR66 | $1,234 | $1,234 |
| PR65 | $1,234 | $1,234 |
| PR64 | $1,234 | $1,234 |
| PR63 | $1,234 | $1,234 |
| PR62 | $1,234 | $1,234 |
| PR61 | $1,234 | $1,234 |
| PR60 | $1,234 | $1,234 |
Greysheet News
More than 300 lots, consisting of high quality Walking Liberty half dollars from the Mack C. Chase Collection are set to cross the auction block as part of Stack's Bowers Galleries' November Showcase Auction, the official auction of the Whitman Expo.
The 1943 bronze Lincoln cent, graded Extra Fine by PCGS, was acquired from a family that held it unverified since the early 1960s.





