LOT #5629 |
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1909 1C VDB PR64 Red PCGS....
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Sold on Nov 4, 2004 for:
$7,187.50
Bid Source: Internet bidder
Description
Controversial 1909-VDB Matte Proof Lincoln Cent
1909 1C VDB PR64 Red PCGS. The mintage figures for 1909 proof cents vary widely according to which source one chooses to believe. Breen states that 420 pieces were struck of the VDB variant and 2,198 of the "plain" 1909 cents. The Guide Book lists 1,194 proofs made of the VDB cents, and 2,352 examples without the designer's initials on the reverse. Since Wayte Raymond sent Walter Breen to the National Archives in the early 1950s specifically to research the mintages of U.S. coins, we will defer to his figures. Also, experience has taught us from handling many matte proof Lincolns over the years that the VDB coins are at least five times scarcer, as the mintage would indicate, rather than twice as scarce as the Guide Book would lead one to believe. We suspect other dealers who have also handled these pieces would concur, and the population data from the grading services also bears out this disparity between the two issues. This particular coin has the fine-grain surfaces one expects from a matte proof and it is intricately detailed, also as one would expect. The surfaces are a bit subdued, but still exhibit portions of deep cherry-red color over each side with a couple of small green spots and flecks of carbon that account for the grade. Housed in an early PCGS holder. Population: 7 in 64, 15 finer (9/04).(#3302) (Registry values: N2998)Coin Index Numbers: (NGC ID# 22KR, PCGS# 3302, GSID# 2472)
Metal: 95% Copper, 5% Tin & Zinc
Weight: 3.11 grams
Weight: 0.10422oz
Mintage: 420
Auction Info
2004 November Palm Beach, FL Signature Sale #358 (go to Auction Home page)
Auction Dates
November, 2004
4th-6th
Thursday-Saturday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 662
Buyer's Premium per Lot:
15% of the successful bid per lot.
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