The Lincoln Wheat Penny Valued at $168K: If you’ve ever taken an interest in collecting old coins or learning about their history, you’ve probably heard of the 1909-S VDB Lincoln Wheat Penny. This is not just an ordinary coin, but a dream for coin-collectors. Its uniqueness lies not just in its age or design, but in its rarity. It is almost impossible to find it these days.
In this article, we’ll explore why this coin is so special, how much it could be worth, and what to keep in mind if you ever find one.
The Special Features of the 1909-S VDB Penny
The year 1909 was historically significant for the United States because it was the year Lincoln’s image first appeared on a U.S. coin. Prior to that, U.S. coins primarily featured symbolic designs. This coin was designed by Victor David Brenner, and his initials, “VDB,” are inscribed on the reverse of the coin.
Now, let’s talk about the “S”—it indicates that this coin was minted at the San Francisco Mint. This is the feature that sets this coin apart from all other coins. Only approximately 484,000 coins were minted bearing both the “S” and “VDB” markings. Compared to this number, this number is extremely low compared to the millions of coins minted annually. This is why this coin is considered so rare.
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Beware of Counterfeit Coins
Where there is money and scarcity, counterfeits are also common. This is the case with the 1909-S VDB penny. Due to its high demand and value, many counterfeit coins have been produced.
Some counterfeit coins are so well-made that it’s difficult for the average person to distinguish between a genuine coin and a genuine one. Small details like the position of the mint mark (the location of the S), the position of the VDB, and the spacing between the letters are crucial to distinguishing between a fake and a genuine coin.
So, if you think you have this rare coin, it’s crucial to have it certified by professional coin appraisers like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation).
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How Much Could It Be Worth?
The value of this coin depends on its condition. If the coin is very old and worn, it could still fetch hundreds of dollars. But if it’s in good condition, it can fetch thousands of dollars. And if it’s mint state, meaning it looks brand new and unused, its value can be beyond your imagination.
For example, in April 2022, a 1909-S VDB penny graded MS67RD (meaning the coin was brand new and had a reddish tint) sold for $168,000 at auction. Imagine, a small one-cent coin selling for millions of dollars! This figure shows how valuable an investment in old and rare coins can be.
Could you have this coin?
If you collect old coins or have ever delved into your grandparents’ old treasure, pay attention. This small coin hidden in an old jar, cupboard, or wallet could bring you great news.
If you see a Lincoln Wheat Penny, first look at the year—is it 1909? Then, see if it has an “S” on it. And is “VDB” marked on the reverse? If these three things match, it likely is a rare coin.
Comparison with Other Rare Coins
As the 1909-S VDB penny is considered a rare coin, 3 Jefferson nickels fetch over 50000 dollars. No matter whether it is a hobby or a good investment, the collection of such coins can be a good idea. The combination of history, rarity and artistry that is entrusted in the old coins makes them to be invaluable.
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Conclusion: An Ordinary-Looking Coin, But a Priceless Treasure
The 1909-S VDB Lincoln Wheat Penny is not merely any coin, it is history, art and rare. Its mintage, the name of the designer printed on it, and the fact that it is only minted in San Francisco sound out makes it one of the most sought after, and most expensive coins in America.
Should you ever come upon this coin, and luck is with you, then you may reckon yourself a treasure. It is always good to remember not to become a victim of fraud by not authenticating it before selling or collecting it.
Who knows, one day that old coin in your pocket might prove to be enough to buy not just a car, but an entire house!
