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1909-S VDB 1C MS66 Red NGC....
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Sold on Apr 29, 2010 for:
$9,200.00
Bid Source: Internet bidder
Description
Fiery, Full Red 1909-S VDB Cent, MS66
A Remarkable, High Grade Example
1909-S VDB 1C MS66 Red NGC. The 1909-S VDB is a
mini-economics lesson in the importance of demand versus supply.
The current CoinFacts site estimates that 61,000 examples exist in
all grades of the 1909-S VDB, but other numismatists think the
number could be higher. An often-told story is that of coin dealer
John Zug, who acquired 500 Uncirculated rolls of 1909-S
VDBs--25,000 pieces--at the time of issue, holding onto them until
the year 1918 when he sold them all.A quick examination of the population data will show that in MS65 Red, the 1909-S VDB is actually the most available mintmarked Lincoln cent between 1909 and 1933--with more certified examples than the 1909-S, 1914-D, or (barely) the 1931-S. Of course, availability drops off significantly from MS65 to MS66 Red. We use the word "available" advisedly, as any series specialist can attest to the extreme rarity of many of the mintmarked issues in Gem Red condition, making the S VDB seem relatively more "common." And none of those figures take into account the overwhelming and incessant demand for the always-popular S VDB from the many legions of collectors, which could number as many as 1 million collectors in the United States and worldwide.
By anyone's reckoning this is an extraordinary S VDB. The surfaces glow with frosted orange-red mint luster and are virtually unabraded. Rarely is such quality available in this key issue, and this is a singular opportunity for the Lincoln cent collector. Census: 43 in 66 Red, 1 finer (3/10).(Registry values: N2998)
Coin Index Numbers: (NGC ID# 22B2, PCGS# 2428, GSID# 1801)
Metal: 95% Copper, 5% Tin and Zinc
Weight: 3.11 grams
Weight: 0.10422oz
Mintage: 484,000
Auction Info
2010 April-May Milwaukee, WI CSNS US Coin Auction #1139 (go to Auction Home page)
Auction Dates
Apr-May, 2010
28th-2nd
Wednesday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 2,597
Buyer's Premium per Lot:
15% of the successful bid per lot.
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