1992 Penny Error List & Coin Value

Accurate identification is crucial for coin collectors because the difference between a common 1992 penny and a rare error variety can mean the difference between one cent and $25,000 or more. Professional tools like CoinKnow can help you identify these errors instantly, provide professional grading, and determine accurate market values.

Rare 1992 Penny Error List & Coin Value

1. 1992 Penny Close AM Error

The 1992 Close AM error represents the holy grail of modern penny collecting. This remarkable mistake occurred when 1993 reverse dies were accidentally used on 1992 pennies at both Philadelphia and Denver mints, creating letters "A" and "M" in "AMERICA" that touch or nearly touch at their bases.

This error is extraordinarily rare, with only 5 known 1992 Close AM pennies (no mint mark) and about a dozen 1992-D Close AM specimens confirmed. Values are exceptional: 1992 Close AM pennies have sold for $25,850 in MS67 condition, while 1992-D examples reached $20,700.

Need help identifying this error and checking its value? CoinKnow offers instant AI-powered identification, professional grading, and real-time market valuations through its comprehensive coin value app.

2. 1992 Penny Doubled Die Obverse Error

Doubled die obverse errors show visible doubling on front-side design elements like "LIBERTY," "IN GOD WE TRUST," or the date "1992." This occurs during die production when the hub impresses the design onto the die multiple times in slightly different positions.

Under magnification, letters and numbers appear to have a shadow or secondary impression. Values range from $20 for minor doubling visible only under magnification to $100+ for bold doubling visible to the naked eye on multiple design elements.

The coin value app from CoinKnow can detect even subtle doubled die varieties that might be overlooked during visual inspection.

3. 1992 Penny Doubled Die Crack Error

Doubled die crack errors occur when striking dies crack from repeated use and mint workers continue using the cracked dies. The crack impressions transfer onto coins as raised lines across the obverse or reverse design elements.

The key to value is finding moderate cracks that are visually interesting without obscuring major design elements. A 1992 doubled die crack penny typically fetches $35 to $90 depending on condition and crack prominence.

Need help identifying this error and checking its value? CoinKnow offers instant AI-powered identification, professional grading, and real-time market valuations.

4. 1992 Penny Struck-Through Error

Struck-through errors occur when foreign material gets trapped between the die and planchet during striking. This creates weak or missing design elements where the material blocked the die from making full contact with the planchet.

Sometimes the foreign material remains embedded in the coin's surface, creating distinctive raised or textured areas. Values range from $15 for minor struck-through errors to $100+ for dramatic examples with retained material or interesting patterns.

The coin value app technology from CoinKnow can distinguish between genuine struck-through errors and post-mint damage.

5. 1992 Penny Off-Center Strike Error

Off-center strikes happen when the blank planchet isn't properly positioned, causing the design to be impressed partially off the blank. The degree of misalignment and whether the date remains visible dramatically affect value.

The most valuable examples show 30-50% misalignment while retaining the complete date. Values start at $25 for minor 5-10% off-center strikes and increase to $150+ for dramatic 50%+ misalignments with visible dates.

Need help identifying this error and checking its value? CoinKnow offers instant AI-powered identification, professional grading, and real-time market valuations.

6. 1992 Penny Die Break Error

Die break errors result from cracks or breaks developing in the striking die from metal fatigue. As the die continues striking coins, these defects transfer as raised bumps, lines, or irregular shapes called "cuds" on finished coins.

The location and size significantly impact value, with breaks affecting Lincoln's portrait being most desirable. Values range from $10 for minor die breaks showing small raised lines to $75+ for major cuds creating dramatic patterns.

The coin value app from CoinKnow helps distinguish genuine die breaks from post-mint damage.

7. 1992 Penny Weak Strike Error

Weak strike errors occur when dies don't hit the planchet with sufficient force, resulting in coins with weak, incomplete, or missing design details. This shows as soft, mushy details on high points like Lincoln's hair and Memorial columns.

True weak strikes show uniform weakness across affected areas rather than isolated spots. Values typically range from $5 for minor weakness visible only under magnification to $30 for dramatic weak strikes where major design elements are nearly missing.

Need help identifying this error and checking its value? CoinKnow offers instant AI-powered identification, professional grading, and real-time market valuations.

8. 1992 Penny Doubled Die Reverse Error

Doubled die reverse errors show doubling on the back side, typically affecting "UNITED STATES OF AMERICA," "ONE CENT," or the Lincoln Memorial columns. While generally less dramatic than obverse doubled dies, these remain collectible varieties.

Close examination under magnification reveals telltale secondary images distinguishing genuine doubled dies from machine doubling. Values typically range from $15 for minor doubling to $75+ for pronounced examples with clear naked-eye doubling affecting multiple elements.

The coin value app from CoinKnow includes advanced imaging specifically designed to detect subtle doubled die varieties.

How Much is a 1992 Penny Worth? Coin Identifier Apps I Recommended

CoinKnow

CoinKnow delivers industry-leading accuracy for identifying 1992 penny errors using sophisticated AI technology trained on thousands of authentic error specimens. The app automatically detects rare varieties including the elusive Close AM error, doubled die cracks, off-center strikes, and struck-through anomalies within seconds of capturing a photo.

Key features include instant error detection with detailed explanations, professional-grade condition assessment, and comprehensive collection management tools with real-time portfolio tracking for serious collectors building valuable error coin collections.

CoinValueChecker

CoinValueChecker combines sophisticated error detection with comprehensive market intelligence specifically designed for modern Lincoln cents. Beyond identifying errors, it offers in-depth market trend analysis, price tracking across multiple auction platforms, and historical sales data for 1992 penny varieties.

The app provides robust authentication guidance to help collectors avoid altered coins, particularly important for high-value errors like the 1992 Close AM where counterfeits exist. With three free daily scans and detailed grading tutorials, it's perfect for collectors learning to identify genuine 1992 penny errors in circulation or building investment-grade collections.