Hi friends welcome to the new post. Here we will learn 1909 VDB Penny Value, Price Today? – How much is it worth? The 1909 VDB penny is considered the main coin in the coins field. This famous coin, collectors and aficionados for years, like the initials of its creator, Victor David Brenner. But what is the accurate market worth of a 1909 VDB penny? In this post, we’ll cover the background of this exceptional coin, as well as its special features, determinants of worth, and market price. let’s get started with 1909 VDB Penny Value
The Birth of the 1909 VDB Penny
A Tribute to Abraham Lincoln
The 1909 VDB penny was made to pay tribute to the 16th President of the United States, Abraham Lincoln. It marked the centennial anniversary of Lincoln’s birth and was used to honor his contributions to the nation.
The Designer – Victor David Brenner
Victor David Brenner, a renowned sculptor, and engraver, made this penny. His initials, “VDB,” are prominently shown on the back side of the coin, close to the lower part. This addition caused significant controversy upon its release, as it was considered a breach of tradition.
Unique Features of the 1909 VDB Penny
Wheat Reverse Design
The front side of the coin features a profile of Abraham Lincoln, while the back side has 2 stalks of wheat flanking the words “ONE CENT.” This wheat design has led to the coin being colloquially denoted as the “Wheat Penny.”
Initials on the Reverse
The inclusion of Victor David Brenner’s initials, “VDB,” on the back side of the coin is a distinct feature that sets it apart from other pennies of its era.
Factors Influencing the Value
Rarity
The rarity of a 1909 VDB penny highly affects its value. Coins with lower mintage are more valuable. The 1909 VDB penny was made in relatively large numbers, but its age has led to a reduction in available specimens in excellent condition.
Condition
As with any collectible coin, the condition is important in determining its value. A 1909 VDB penny in pristine condition will fetch a higher cost than one with signs of wear or damage.
The rarity of Mint Marks
Some 1909 VDB pennies carry mint marks, showing where they were minted. Coins with certain mint marks, like as the “S” mint mark for San Francisco, can be rarer and more valuable.
Facts About The 1909 VDB Penny
- It was the first Lincoln penny to be minted, and it was made by Victor David Brenner.
- The initials “V.D.B.” for Brenner were originally added on the back of the coin, but they were later removed due to public outcry.
- The San Francisco Mint made only 484,000 1909-S VDB pennies, making them the rarest of the series.
- A 1909-S VDB penny in mint condition can be worth up to $100,000.
- The 1909 VDB penny is a popular collectible, and different people search for it in their spare change.
Here are some more details about the 1909 VDB penny:
- The coin is created with 95% copper and 5% tin and zinc.
- It has a diameter of 0.75 inches and a thickness of 0.0625 inches.
- The front of the coin features a portrait of Abraham Lincoln, and the reverse has a wheat wreath.
- The coin was minted in Philadelphia and San Francisco.
How much is a 1909 VDB Penny worth?
The value of a 1909 VDB penny is based on its condition and the mint where it was created
- 1909 VDB penny (Philadelphia Mint):
- Uncirculated: $50 to $1,000+
- Extremely Fine: $100 to $500
- Fine: $50 to $200
- Good: $25 to $100
- Very Good: $10 to $50
- Good Enough: $0 to $25
- 1909 VDB penny (San Francisco Mint):
- Uncirculated: $1,000 to $200,000+
- Extremely Fine: $500 to $10,000
- Fine: $200 to $500
- Good: $100 to $200
- Very Good: $50 to $100
- Good Enough: $0 to $50
The 1909 VDB penny is a rare coin due to a coining error. The initials “VDB” for Victor David Brenner, the designer of the coin, were accidentally stamped on the front in place of the reverse. Only 24,000 1909 VDB pennies were made in Philadelphia before the error was discovered and corrected. An additional 484,000 were minted in San Francisco with the error.
The value of a 1909 VDB penny can also be affected by its color. Red pennies are more valuable than brown or green pennies. The copper in the penny reacts with oxygen to make a layer of copper oxide, which gives the penny its red color. The more copper oxide on the penny, the more valuable it is.
If there is a 1909 VDB penny, it is a good point to have it graded by a professional coin grading service. This will give us an accurate assessment of its condition and value.
Here are some points for finding the value of your 1909 VDB penny:
- Look for the mint mark. The mint mark is a small letter that exists on the obverse of the coin, below the date. The mint mark for the Philadelphia Mint is a “P”, and the mint mark for the San Francisco Mint is an “S”.
- Determine the condition of the coin. The condition of the coin is measured by a professional coin grading service. There are different grading services, but the most common ones are PCGS and NGC.
- Research the value of similar coins. Once we know the condition of your coin, we can research the value of similar coins that have been sold recently. We can find this information online or in coin-collecting magazines
1909 VDB Penny Error
There are different types of error coins, but some of the most common on the 1909 VDB penny are
- Doubled Die Obverse (DDO): it occurs when the front die (the die that strikes the front of the coin) is slightly misaligned, resulting in the design being doubled. This is the most common error on the 1909 VDB penny, and it can range in value from a hundred dollars to several thousand dollars, based on the severity of the doubling and the grade of the coin.
- Die Clash (DDR): It occurs when 2 dies come into contact with each other during the striking process, resulting in the designs of both dies being impressed on the coin. it is a much rarer error than a DDO, and it can be worth thousands of dollars, even in low grades.
- Off-Center Strike (OCC): It occurs when the coin is not struck in the center of the die, causing part of the design to be missing. it is a common error on all coins, but it is more noticeable on the 1909 VDB penny due to the small size of the coin and the complex design.
- Clipped Planchet (CP) occurs when a piece of the planchet (the blank piece of metal that is struck to make a coin) is missing. This can done if the planchet is not accurately trimmed before it is struck, or if it is struck by a die that is not accurately aligned. it is a rare error on the 1909 VDB penny, and it can be worth several hundred dollars, even in low grades.
- Lamination Error (L): it caused when the layers of metal in the planchet are not properly bonded together. Since the coin has a wavy or scaly appearance. it is a rare error on the 1909 VDB penny, and it can be worth several hundred dollars, even in low grades.
1909 VDB Penny Features
The 1909 VDB penny is a rare and valuable coin that was only minted for a few days before the initials of the designer, Victor David Brenner, were eliminated from the reverse. The coin features a portrait of Abraham Lincoln on the front and 2 wheat stalks on the back. The initials “VDB” exist at the lower of the reverse, below the wheat stalks.
Here are some of the main features of the 1909 VDB penny:
- Obverse: Portrait of Abraham Lincoln facing right. The inscription “LIBERTY” is above the portrait, and the date “1909” is below.
- Reverse 2 wheat stalks with the inscription “ONE CENT” between them. The “UNITED STATES OF AMERICA” is around the rim. The initials “VDB” lie at the bottom, below the wheat stalks.
- Diameter: 19 mm
- Weight: 3.11 grams
- Composition: 95% copper, 5% tin and zinc
The 1909 VDB penny is a highly accepted coin by collectors. Uncirculated coins can be worth thousands of dollars, based on the grade. The coin is also famous for error collectors, as there are different different types of errors that can occur on this coin.
Faqs
- What is a 1909 VDB penny worth today?
The value of a 1909 VDB penny is based on its condition. An uncirculated 1909 VDB penny in MS67 Red grade can be about $79,200. A circulated 1909 VDB penny in G4 grade can be about $800.
- How valuable is a 1909 penny?
The value of a 1909 penny is based on the mint mark and condition. A 1909 penny with no mint mark (Philadelphia mint) is worth $3-$16 in average-fine condition. A 1909-S VDB penny (San Francisco mint) is worth several hundred dollars to over $1,000, based on its condition.
- How can you tell if a 1909 VDB is real?
There are some methods to tell if a 1909 VDB penny is real. One is to check the VDB initials under the bust of Lincoln. These initials were accidentally removed from the dies for the regular 1909 pennies, so any penny with the VDB initials is a rare error coin. Another method is to tell if a 1909 VDB penny is real is to look for the mint mark. The 1909 VDB pennies were only made in San Francisco, so any penny with a different mint mark is not a real 1909 VDB penny.
- What is the error on 1909 penny?
The error on the 1909 penny is the removal of the initials “VDB” under the bust of Lincoln. These initials stand for Victor David Brenner, the designer of the Lincoln penny. The first was accidentally omitted from the dies for the regular 1909 pennies, so any penny with the VDB initials is a rare error coin.
- How many 1909 VDB coins were made?
Only 484,000 1909 VDB pennies were created. This makes it one of the rarest US pennies ever minted.
- What is the rarest US penny?
The rarest US penny is the 1914-D Lincoln penny. Only 444 of these pennies were created, making them rare and valuable.
- What penny is $1000000?
The most valuable penny is the 1909 VDB penny in MS67 Red grade. This coin was sold at auction for $79,200 in 2014.
- What penny is worth $50000?
A 1909-S VDB penny in MS67 Red grade is worth about $50,000.
- What year penny is worth $20000?
A 1914-D Lincoln penny in MS67 Red grade is worth $20,000.
- What year penny is worth $1000?
A 1909 VDB penny in G4 grade is $1,000.
- What year penny is worth 2 million dollars?
There is no penny that is worth 2 million dollars. The most valuable penny is the 1909 VDB penny in MS67 Red grade, which was sold at auction for $79,200 in 2014.
- What year is the Lucky Penny?
There is no one “lucky penny” year. However, some people believe that pennies minted in certain years are more likely to bring good luck. For instance, the 1943 Lincoln penny is sometimes known the “steel penny” because it was created of steel instead of copper due to wartime shortages. Some people believe that this penny is lucky since it is a rare and unusual coin.
