1909 Lincoln Penny Value Guide: Keys to a $175,000 Treasure

 

The Historic 1909 Penny Series

The 1909 Lincoln cent marks both the birth of America’s longest-running coin series and contains its most valuable regular-issue penny. With three major varieties ranging from 8,500to8,500to175,000, here’s what makes these coins so special.

1909 Penny Varieties & Values

1. 1909-S VDB – The $175,000 King of Pennies

  • Mint: San Francisco (“S” mint mark)
  • Grade: MS67+ RD (PCGS)
  • Key Facts:
    • Lowest mintage (484,000) of entire series
    • Features Victor D. Brenner’s controversial “VDB” initials
    • Only 3 exist in MS67+ Red condition
    • Last auction: $175,000 (2023)
  • Circulated Value:
    • G4: $900
    • VG8: $2,500

![1909-S VDB close-up showing mint mark and VDB]


2. 1909 VDB (Philadelphia) – $60,000 Gem

  • Mint: Philadelphia (No mint mark)
  • Grade: MS68+ RD
  • Why Valuable:
    • First year of issue with designer’s initials
    • “VDB” removed mid-1909 due to public outcry
    • MS68+ examples are condition rarities
  • Population:
    • PCGS MS68+ RD: 5 coins
    • NGC MS68 RD: 3 coins
  • AU55 Value: 250−250−400

3. 1909 Plain (No VDB) – $8,500 Superb Gem

  • Mint: Philadelphia
  • Grade: MS67+ RD
  • Market Insight:
    • Second lowest mintage (72.7M) of 1909 issues
    • Full red gems are 100x rarer than S-VDB in same grade
    • Last Heritage sale: $8,519 (2024)
  • Circulated Value:
    • RB (Red-Brown): 1−1−5
    • RD (Full Red): 10−10−50

Why 1909 Pennies Command Premiums

The Three Value Drivers:

  1. Historical Significance
    • First Lincoln cent ever issued
    • “VDB” controversy created instant rarities
  2. Condition Rarity
    • MS67+ examples represent top 0.001% of survivors
    • Original red color adds 500%+ premium
  3. Mint Mark Magic
    • San Francisco coins are 150x rarer than Philly issues

Grading Standards for Maximum Value

For All Varieties:

  • MS67+ RD: Perfect surfaces, zero marks under 5x
  • MS65 RD: Light bag marks, strong luster
  • AU55: Light wear on high points

Key Detail: “RD” (Red) designation requires 95%+ original color


Where to Find These Rare Pennies

Best Hunting Grounds:

  1. Old Coin Rolls (Pre-1960 wheat cent rolls)
  2. Estate Sales (Look for coin boards/albums)
  3. Bank Vaults (Some still hold original mint bags)

Pro Tip:

Use a 10x loupe to check for:
✓ “S” mint mark position
✓ “VDB” initials (shoulder truncation)
✓ Die cracks near date


Market Trends (2024)

  • 1909-S VDB up 22% since 2020
  • High-grade Philly coins breaking records
  • Registry Set Demand pushing prices higher

FAQ

Q: Are all 1909 pennies valuable?
A: Only in high grades (MS65+/AU55+ for S-VDB). Worn examples:

  • 1909: 0.50−0.50−5
  • 1909 VDB: 10−10−50
  • 1909-S VDB: $600+ (even well-worn)

Q: How to spot fake VDB pennies?
A: Check:
✓ Correct “S” font (not added later)
✓ Proper VDB placement
✓ Authentic wear patterns

Q: Should I clean my 1909 penny?
A: Never! Cleaning destroys 50-90% of value.


“I Found a 1909 Penny – Now What?”

  1. Don’t Clean It!
  2. Check for “S” & “VDB”
  3. Weigh It (Must be 3.11g)
  4. Get It Graded if AU50+

Grading Cost: 50−50−150 (worth it for potential $175,000 coin)


Want More? Download our FREE 1909 Penny Cheat Sheet at [PennyPro.com]

Like & Share to help fellow collectors! #RarePennies #CoinCollecting #1909VDB

PS: That jar of old pennies might hold a six-figure surprise!

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