Collectors are buzzing after a 1909-S VDB Lincoln penny recently sold for over $500,000 at a prestigious coin auction. This tiny copper coin, originally worth just one cent, is now considered one of the most iconic and valuable coins in U.S. history. Its sale price shocked even seasoned numismatists and has sparked renewed interest among collectors and treasure hunters alike. But what makes this particular coin so special—and how can you tell if you might be holding one?
1909-S VDB Wheat Penny
The 1909-S VDB penny is often referred to as the “holy grail” of Lincoln cents. It was the first year that the U.S. Mint introduced the Lincoln cent design, created by Victor David Brenner. His initials—V.D.B.—were placed prominently on the reverse, near the bottom rim between the wheat ears. However, controversy erupted over the size and visibility of Brenner’s initials. As a result, the San Francisco Mint halted production, making only 484,000 of these pennies before removing the initials entirely from future designs.
Why It’s Worth So Much
Scarcity is the key to this coin’s value. With fewer than half a million ever minted, and even fewer surviving in high-grade condition, collectors are willing to pay a premium. The recent $500,000 sale was for a near-pristine example graded MS67 Red—an extraordinarily rare condition for a coin that’s over a century old. Most 1909-S VDB pennies found today show signs of circulation, which still fetch thousands, but high-grade examples are in a league of their own.
A Cent Worth a Fortune
This sale serves as a powerful reminder that small change can have big value. The 1909-S VDB penny combines rarity, historical significance, and public fascination. Whether you’re a casual collector or someone with a jar of old coins tucked away, it might be worth checking your stash. You never know if a treasure like this is hiding in plain sight.
FAQ’s:
1. How can I tell if I have a real 1909-S VDB penny?
Check the reverse bottom rim for the “V.D.B.” initials and the obverse for an “S” mintmark below the date. Counterfeits exist, so have it authenticated by a reputable dealer or grading service.
2. What does “MS67 Red” mean?
It refers to a coin’s condition. “MS” stands for Mint State, and 67 is a high grade on the 1–70 scale. “Red” indicates the coin retains nearly all of its original copper color, which increases value.
3. Where was the 1909-S VDB penny minted?
At the San Francisco Mint. That’s why it has an “S” mintmark under the date.
4. Why were the V.D.B. initials controversial?
Critics claimed they were too prominent and self-promotional for a public coin. The initials were removed and later re-added in smaller form in 1918.
5. What’s the best way to store valuable coins?
Keep them in protective holders or coin slabs, and avoid cleaning or touching them with bare hands to preserve their condition and value.
