Lincoln Wheat Penny Worth $144,000 Still Circulating – Check Your Change

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1909-S VDB Penny


When it comes to valuable coins, the 1909-S VDB Lincoln Wheat Penny tops the list for many collectors. This isn’t just any old coin—it’s the first-ever Lincoln cent, and it carries a bit of drama with it too.

Thanks to a low mintage and a controversy over the designer’s initials, this penny has become a crown jewel in American numismatics. Let’s look into why the 1909-S VDB penny is such a big deal—and why finding one could be like hitting the jackpot.

History

This iconic coin was released in 1909, the 100th anniversary of Abraham Lincoln’s birth. It marked a big shift in U.S. coin design by featuring a real historical figure for the first time.



But that’s not all. The initials “VDB”—short for Victor David Brenner, the coin’s designer—were boldly engraved on the back.

Soon after its release, critics complained that Brenner’s initials looked like an advertisement.



The U.S. Mint responded quickly by removing the initials entirely, but not before 484,000 coins had already been struck at the San Francisco Mint with the VDB marking. That limited run made the 1909-S VDB instantly rare.

Rarity

Let’s put the numbers in perspective. Millions of Lincoln cents were minted in 1909, but only 484,000 of them were the VDB version from the San Francisco Mint.

That’s not just rare—it’s ultra rare. The low supply and huge demand among collectors have kept prices soaring for over a century.



Here’s a quick comparison to help you see why it’s so sought-after:

Coin VersionMintage
1909 VDB (Philadelphia)27,995,000
1909-S (No VDB)1,825,000
1909-S VDB484,000

Finding one in good condition is tough. Finding one in mint condition? That’s like finding buried treasure.

Value

The value of the 1909-S VDB penny varies depending on its grade. Here’s a basic breakdown:

Condition (Grade)Estimated Value
Good (G4)$700 – $1,000
Fine (F12)$1,500 – $2,000
Extremely Fine (XF40)$3,000 – $4,000
Uncirculated (MS65+)$50,000 – $100,000+

In 2022, one of these beauties in MS-67 grade sold for a staggering $144,000 at auction. That shows just how much collectors are willing to pay for a coin that blends rarity, history, and prestige.

Collecting

If you’re into coin collecting, this penny is a must-have. It checks every box:

  • Historic significance: First Lincoln penny ever.
  • Low mintage: Under 500,000 made.
  • Design controversy: VDB initials removed after backlash.
  • Value appreciation: Prices keep rising.

It’s also one of the “Holy Grails” for Lincoln cent collectors. You could build an entire collection around this one coin—and many people do.

Tips

If you think you’ve got a 1909-S VDB penny, don’t rush to sell it at a garage sale. Instead:

  1. Verify the mint mark: Look for the “S” under the date.
  2. Check for VDB: It’s on the bottom of the reverse side.
  3. Get it graded: Use services like PCGS or NGC.
  4. Protect it: Store it safely in a coin holder or slab.

Having it certified can significantly increase its value and help avoid counterfeits, which are unfortunately common.

The 1909-S VDB Lincoln Wheat Penny is more than just a coin—it’s a conversation piece, a piece of art, and a chunk of American history. Its story of controversy, rarity, and rising value makes it one of the most fascinating collectibles in the world of coins. If you’re lucky enough to own one, hold on tight—it’s only going to get more valuable with time.

FAQs

Why is the 1909-S VDB penny rare?

Only 484,000 were minted before the initials were removed.

What does VDB stand for?

It stands for Victor David Brenner, the coin’s designer.

Where is the VDB on the coin?

On the bottom center of the reverse side (wheat side).

How much is a 1909-S VDB penny worth?

It ranges from $700 to over $100,000 depending on condition.

How do I know if my penny is real?

Get it authenticated by PCGS or NGC grading services.

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