Front Page Story Numismatic News and Coin World

2000-P Cent variety has been discovered!

Both trade papers have run front page stories concerning this new variety of 2000-P Cent.

This variety has been designated a "Type 2 Reverse"

John Wexler, a noted numismatic author, researcher, and error-variety specialist advised Coin World: "The use of distinctive reverse dies resulted in two different die varieties of 2000 Lincoln Cents".

"One variety was struck on the standard reverse die used for circulating cents since 1993. The other variety was struck on a die previously used exclusively for Proof Cents since 1993," Wexler wrote.

Coin World advises in the May 14, 2001 issue that readers have reportedly located 360 of the Proof-Style (Type 2) Reverse Cents out of approximately 104,000 coins examined. That is about 1/3 of 1 percent! Based on our search of over 30,000 coins, this variety is much scarcer than first thought.

Since the 2000 Cents have been in circulation for over a year, it would seem logical that most "finds" would grade Almost Uncirculated or less. Gem examples could be truly rare! As with any new variety, it cannot be determined how many will eventually be discovered, or what the future value might be. However, this could be a "ground floor" opportunity to obtain a certifed coin at a reasonable price!

The Type One (Normal) Reverse has the "AM" in "America" almost touching. The Type Two Reverse has the "AM" showing a clear separation similar to the 1858 Flying Eagle Cent.

The Designer's initials "FG" are closer to the Memorial on the Type Two.