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1998

Small Cents · Lincoln Memorial Cents · 1959–2008
Regular
Weight2.5 g
Diameter19.05 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 5,032,155,000
EdgePlain
Alignment↑↓ Coin
CompositionCopper-plated Zinc (97.5% Zinc, 2.5% Copper)
DesignerVictor D. Brenner / Frank Gasparro
Collector's Key IDCK-751

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About this coinHistory

The 1998 Lincoln cent from Philadelphia sits squarely in the middle of the copper-plated zinc era that began in 1982 and continued until the Memorial reverse itself was retired in 2008. The sheer production volume — 5.03 billion pieces from Philadelphia alone, matched by comparable output from Denver — makes this one of the most common dates in the entire series. Finding one in pocket change is effectively unavoidable; finding one with original Mint State red color intact a quarter-century later is a separate question. Post-1982 cents carry a thin copper plating over a zinc core, and the plating is vulnerable to humidity-driven blistering (commonly called zinc rot) when the coins are stored in non-archival holders, loose rolls, or bank bags in damp environments. Unblemished Red examples are correspondingly less common than the raw mintage would suggest.

Variety attention on the 1998 Lincoln cent does not fall on the business strike in the usual sense but on a small subset of Philadelphia coins accidentally struck with the proof reverse die. On standard 1998 cents the A and M of AMERICA nearly touch — the Close AM layout used throughout the year's regular production. On the variety, commonly called the 1998 Wide AM, the two letters show a distinct gap between them, matching the reverse layout the Mint was using for San Francisco proofs. The variety is a recognized cherry-pick target for collectors searching original bank-wrapped rolls, and certified examples in Red Mint State grades command meaningful premiums over the face value of the host coin.

For a collector building a straightforward date-and-mintmark set of Memorial cents, the 1998 Philadelphia is not a challenge to acquire at any grade through MS67 Red, and registry attention instead concentrates on the condition census at MS68+ and on the Wide AM variety. For the broader series arc and the 1982 composition transition that shapes every cent struck since, see Lincoln Memorial Cents.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $0.01 $0.01
VG-8 Very Good (VG) $0.01 $0.01
F-12 Fine (F) $0.01 $0.01
VF-20 Very Fine (VF) $0.01 $0.01
EF-40 Extremely Fine (EF) $0.01 $0.01
AU-50 About Uncirculated (AU) $0.01 $0.01
MS-60 Uncirculated (MS)
MS-63 Choice Uncirculated (MS)
Frequently Asked QuestionsFAQ
How much is a 1998 Lincoln Memorial Cent worth?
In Good condition it runs about $0.01, rising to roughly $0.01 in About Uncirculated. These are reference values, not an appraisal.
How many 1998 Lincoln Memorial Cents were minted?
5,032,155,000 were struck.
What is a 1998 Lincoln Memorial Cent made of?
Copper-plated Zinc (97.5% Zinc, 2.5% Copper), weighing 2.5 g.
What is the melt value of a 1998 Lincoln Memorial Cent?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1998 Lincoln Memorial Cent a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.