Kim Kat
One of America’s most iconic and coveted coins—the 1909 VDB Matte Proof Lincoln Penny—has recently sold for a staggering $258,000 at auction.
This historic coin, often regarded as the cornerstone of modern penny collecting, was the first of its kind to bear the image of a U.S. president and quickly became a legend in the numismatic world.
The coin’s extraordinary value stems from its rarity, historical significance, and unmatched design, making it one of the most desirable proof pennies ever minted.
The Birth of the Lincoln Penny
In 1909, to honor the 100th anniversary of Abraham Lincoln’s birth, the U.S. Mint introduced the Lincoln cent, replacing the Indian Head cent. Designed by Victor David Brenner, the coin originally featured his initials “VDB” prominently on the reverse.
However, this detail sparked controversy and led to the quick removal of the initials, making the earliest VDB versions incredibly rare.
The 1909 issue also included a matte proof version, specially made for collectors. These proofs had a soft, satin-like surface and were produced in very small quantities at the Philadelphia Mint.
Why the 1909 VDB Matte Proof Is So Valuable
Several key factors make this coin one of the most sought-after in U.S. numismatic history:
- Limited mintage: Fewer than 1,200 matte proof specimens were struck.
- Designer initials: The inclusion of “VDB” was short-lived, adding to its rarity.
- Matte proof finish: Unlike regular circulation coins, these were hand-prepared, making each one unique.
- Historical importance: It was the first cent to feature a real person, marking a shift in U.S. coinage design.
Auction Record and Current Market Value
The recent auction of a high-grade PR67+ example of the 1909 VDB Matte Proof Lincoln Penny at $258,000 confirms its status as one of the most valuable one-cent coins ever sold.
Other well-preserved examples often fetch between $20,000 and $100,000, depending on grade, color designation (red, red-brown, or brown), and strike quality.
Key Characteristics of the 1909 VDB Matte Proof Penny
| Attribute | Details |
|---|---|
| Year of Issue | 1909 |
| Mint | Philadelphia (no mint mark) |
| Designer | Victor David Brenner |
| Initials | VDB on reverse |
| Finish Type | Matte Proof |
| Composition | 95% copper, 5% tin and zinc |
| Diameter | 19.05 mm |
| Weight | 3.11 grams |
| Known Survivors | Estimated under 600 in all grades |
| Highest Sale Price | $258,000 (Grade PR67+) |
How to Spot a Genuine 1909 VDB Matte Proof
Identifying a genuine 1909 VDB Matte Proof Lincoln Penny requires careful observation:
- Surface Texture: Matte proofs have a distinctive satiny, grainy finish.
- Rim Details: Proof coins often have squared-off rims with full strike details.
- VDB Initials: Located on the reverse, at the bottom center near the rim.
- Strike Quality: High-quality and even strikes with sharp facial and lettering details.
- Certification: Always ensure the coin is authenticated and graded by a professional service.
Why This Coin Is a Collector’s Dream
The 1909 VDB Matte Proof is often referred to as the “holy grail” of Lincoln cents. It appeals to:
- Investors, looking for coins with long-term appreciation potential.
- Collectors, seeking to complete a premium Lincoln cent set.
- Historians, valuing its representation of American political and artistic history.
Its iconic status is not just about its value—but about what it represents: a blend of American craftsmanship, controversy, and legacy.
The Legacy of the VDB Lincoln Penny
The 1909 VDB cent was the first step in a series that would become the longest-running coin design in U.S. history. While VDB initials were removed in 1909, they were subtly reintroduced in 1918—this time on the obverse, below Lincoln’s shoulder.
Today, over a century later, the Lincoln cent remains in circulation, but few coins from that lineage hold the prestige and mystique of the original 1909 VDB matte proof.
The Coin That Changed Collecting Forever
The recent sale of a 1909 VDB Matte Proof Lincoln Penny for $258,000 is a reminder of the power and passion behind coin collecting. More than just a piece of copper, this coin tells a story of design evolution, national pride, and enduring rarity.
Whether you’re a seasoned collector or just starting out, the 1909 VDB serves as a benchmark for what makes a coin truly exceptional—historical context, rarity, condition, and timeless appeal.
FAQs
What makes the 1909 VDB Matte Proof Lincoln Penny so rare?
Its low mintage, matte proof finish, and the short-lived use of “VDB” initials make it extremely rare and desirable.
How much is a typical 1909 VDB Matte Proof worth today?
Depending on condition, it can range from $20,000 to over $250,000, with top-grade certified examples fetching the highest prices.
Where are the VDB initials located on the coin?
On the reverse side, at the bottom rim between the wheat stalks.