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    Description

    1909-S VDB Lincoln Cent, MS67 Red
    Sought-After First-Year Key
    Lowest Mintage of the Series

    1909-S 1C VDB MS67 Red PCGS. The debut of the Lincoln cent was highly anticipated, by coin collectors and the general public alike. As the first U.S. portrait coin struck for circulation, with the bust of the universally popular president on the obverse, the new design was greeted with unprecedented enthusiasm. The August 1909 edition of The Numismatist notes, " ... the advance demand at the Mint for this piece was far greater than that accompanying any previous coin issue." When the coins were released on August 2, long lines formed at banks, the Philadelphia and San Francisco Mints, the Sub-Treasury facilities in Chicago, Boston, New York, and St. Louis, and the Treasury building in Washington, D.C. Individual purchases were limited to 100 examples per person. Despite the purchase limits, the advanced mintage of approximately 25 million coins of the new design was exhausted in just three days.

    One feature of the coins that was initially overlooked by the general populace was the prominent designer's initials VDB (for Victor D. Brenner) on the reverse. Unfortunately, controversy about these initials soon developed in official circles, causing the Secretary of the Treasury to order their removal. Coinage of the new cents was halted after the Philadelphia Mint had issued more than 27.9 million pieces with the offending initials, but the mintage at the San Francisco facility was only 484,000 examples when the coinage was discontinued.

    Fortunately for present-day collectors, news of the small mintage caused contemporary collectors to hoard many high-quality specimens of the San Francisco coinage for numismatic and investment purposes. Today, the 1909-S VDB is not difficult to locate in an absolute sense, but intense collector demand ensures that any offering will command high premiums. Of course, at the lofty MS67 grade level, with Red surfaces, the 1909-S VDB is a prime condition rarity, and no Red coins have been certified in higher numeric grades (4/19).

    The present coin is a spectacular Superb Gem, with sharply detailed design elements throughout and bold designer's initials. The original red surfaces are virtually flawless, with just a few microscopic specks of carbon on the reverse, only visible with a loupe. Vibrant mint luster radiates from both sides and overall eye appeal is terrific. Population: 15 in 67 Red, 0 finer (4/19).
    From Charlie O's Collection. (Registry values: N7079)

    Coin Index Numbers: (NGC ID# 22B2, PCGS# 2428)

    Weight: 3.11 grams

    Metal: 95% Copper, 5% Tin and Zinc


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    View Certification Details from PCGS

    Auction Info

    Auction Dates
    June, 2019
    6th-9th Thursday-Sunday
    Bids + Registered Phone Bidders: 20
    Lot Tracking Activity: N/A
    Page Views: 9,156

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