Hi Welcome to ct! Imho, Yes it is a close am and that is normal for this year.1997 has a close am. 1994-2008 all businessstrikes have a Close AM These are the known close and wide varieties 1992-P Business Strike Close AM 1992-D Business Strike Close AM 1998-S Proof Close AM 1999-S Proof Close AM 1999-P Business Strike Wide AM 1998-P Business Strike Wide AM 2000-P Business Strike WideAM
1959-1992 all business strikes and proofs aresupposed to have a Wide AM 1993 all business strikes and proofs have a Close AM 1994-2008 all businessstrikes have a Close AM 1994-2008 all proofs have
Which means it was minted at the Philadelphia Mint. Only the 2017 Cent mint in Philly has a P Mint Mark Here is some CAM and WAM information - http://www.lincolncentresource.com/wideams.html
Save this in your "Favorites". http://www.lincolncentresource.com/wideams.html Chris Oops! Paddy got it before me!