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Lot
1008

1909-S VDB 1C MS67 Red PCGS. Citing the famous '09-S VDB in his book, Complete Encyclopedia of U.S. and Colonial Coins,...

2005 September Long Beach Signature Auction #384

 
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Offers to date: $92,460 on February 6, 2014
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Auction Ended On: Sep 22, 2005
Item Activity: 11 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Condition Census 1909-S VDB Cent, MS67 Red PCGS
1909-S VDB 1C MS67 Red PCGS. Citing the famous '09-S VDB in his book, Complete Encyclopedia of U.S. and Colonial Coins, Walter Breen writes that John Zug, an early 20th century coin dealer, bought 25,000 (five bags) of these coins from the San Francisco Mint at issue and resold them at 1 3/4 cents apiece around 1918. This is just one of many stories that might be told about this famous issue.
This is a fabulous example of this most coveted Lincoln Cent, the surfaces are excellent and show radiant mint color, with no signs of specks or problems that so often plague this issue. The color ranges from deep coppery-red to yellow-red on the obverse and reverse. Fully struck by the dies, including the often weak VDB, and as close to perfection as one could reasonably hope to find. The combined NGC and PCGS population reports note just 10 coins graded this high, with no pieces finer (8/05). A Condition Census example worthy of the finest Registry Set.(#2428) (Registry values: N7079) (NGC ID# 22B2, PCGS# 2428)

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