1998 Lincoln Memorial Cent
Circulation strike struck at the Philadelphia Mint · 5,032,200,000 made
- Mintage
- 5,032,200,000
- Metal
- 97.5% zinc core, 2.5% copper plating
- Weight
- 2.5 g
- Diameter
- 19.05 mm
Original illustration. Tap to flip. Not a photograph of the actual coin.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 1998 Lincoln Memorial Cent worth?
A worn 1998 is a spender: face value. A bright uncirculated one, or one with a known error, is worth setting aside.
What would make yours worth more:
- Uncirculated condition with full original luster
- A die variety or minting error
For market prices, check recent sold results for certified coins in the same grade.
Quick answers
- Is the 1998 Lincoln Memorial Cent rare?
- Not by date: 5 billion were struck. A sharp uncirculated coin or a known variety is what makes one special.
- Where is the mint mark on a 1998 Lincoln Memorial Cent?
- On the obverse, below the date. Philadelphia cents have no mint mark (except the 2017-P, which is a Lincoln Shield cent).
- Which Philadelphia dates near 1998 are scarcer?
- The 2002 at 3,260,800,000, the 2003 at 3,300,000,000, the 1997 at 4,622,800,000, plus 1 more. So the 1998 is on the scarcer side for those years.
- How many 1998 Lincoln Memorial Cent coins were made?
- 5,032,200,000.
What to check on your 1998
- There's no mint mark on this one, so the date and condition are what matter.
- Proof or circulation strike? A proof has mirror-like fields and frosted design details and was sold to collectors, not released in change. The 1998-S Lincoln Memorial Cent Proof (2,086,507 made) is the one to compare with.
- Bubbles, peeling or gray patches on a zinc cent are corrosion of the copper plating, not a minting error. They don't add value.
- Judge the grade under good light. Wear first shows on Lincoln's cheekbone and hair. Doubled-die varieties from 1969-S, 1972, 1983 (reverse), 1984 and 1995 are the big money coins, so always check the lettering under magnification.
With 5 billion made, the 1998 still turns up in everyday change. Keep yours only if it looks uncirculated or shows a variety; otherwise it's worth face value.
The story of the 1998
Philadelphia made 5,032,200,000 in 1998, up from 4.6 billion in 1997. In 1999 the figure was 5.2 billion.
1998-D came to 5.2 billion, so neither mint's 1998 coin is much scarcer than the other.
Across Philadelphia's 50 Lincoln Memorial Cent issues, the hardest to find is the 1965 with 301,470,000 made. The 1998 is one of the easier ones. Within the 1990s it's 7th smallest of 20, between the 1990-D (4.9 billion) and the 1991 (5.2 billion).
Close AM, Wide AM and the 1995 doubled die (1993 to 2000)
From 1993 circulating cents were made with the Close AM reverse while proofs used the Wide AM style. A few business strike cents from 1998, 1999 and 2000 were struck with the Wide AM proof reverse. These are scarce varieties worth checking with a magnifier. The 1999 Wide AM is the rarest of the three.
The 1995 doubled die obverse, with clear doubling on LIBERTY and IN GOD WE TRUST, was found in large numbers in circulation and is the best known variety of this period. Output stayed huge. Denver struck more than 8.7 billion coins in 2000, the highest annual figure in that mint's history. Uncirculated red coins are abundant, but plating flaws and spots keep the very top grades scarce.
Elsewhere in US coinage in 1998
The last Washington quarters with John Flanagan's eagle reverse were struck before the State quarters began.
How to recognize it
The obverse keeps Victor David Brenner's portrait of Lincoln with the date and mint mark on the right. The reverse, by Frank Gasparro, shows the Lincoln Memorial in Washington, D.C., with a tiny statue of Lincoln visible between the central columns. E PLURIBUS UNUM is above the building and ONE CENT below. Look for the FG initials to the right of the steps.
Mintage chart
Specifications
| Series | Lincoln Memorial Cent (1959–2008) |
|---|---|
| Year | 1998 |
| Mint | Philadelphia Mint |
| Mint mark | None |
| Strike type | Circulation strike |
| Mintage | 5,032,200,000 |
| Face value | 1¢ |
| Composition | 97.5% zinc core, 2.5% copper plating |
| Weight | 2.5 grams |
| Diameter | 19.05 mm |
| Edge | Plain |
| Designer | Victor David Brenner (obverse); Frank Gasparro (reverse) |
Other 1998 Lincoln Memorial Cent issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 1998 Lincoln Memorial Cent | 5,032,200,000 | Circulation strike | – |
| 1998-D Lincoln Memorial Cent | 5,225,200,000 | Circulation strike | – |
| 1998-S Lincoln Memorial Cent Proof | 2,086,507 | Proof | – |
Mintage: Lincoln cent mintage figures (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.