Rare coins continue to captivate collectors worldwide, and the 1909-S VDB Penny is a standout example. Recently sold for an astounding $2 million, this iconic coin is a testament to the allure of numismatics.
Alongside this penny, several other coins have made headlines for their value, rarity, and historical significance. Here’s everything you need to know about the 1909-S VDB Penny and five other coins that every collector dreams of owning.
Why the 1909-S VDB Penny Is Worth $2 Million
The 1909-S VDB Penny holds a special place in U.S. coinage history. It was the first Lincoln cent minted to commemorate the centennial of Abraham Lincoln’s birth.
Designed by Victor David Brenner, the coin features Lincoln’s profile on the obverse and the wheat reverse.
- Limited Mintage: Only 484,000 of these coins were produced at the San Francisco Mint, making them extremely rare. The “VDB” initials of the designer were initially controversial, leading to their quick removal.
- Condition Matters: The specific 1909-S VDB Penny that sold for $2 million was in pristine condition, graded MS-68 Red by the Professional Coin Grading Service (PCGS), one of the highest grades ever for this coin.
- Cultural Significance: As the first Lincoln cent, it symbolizes a pivotal moment in U.S. history, adding to its desirability.
| Coin Details | 1909-S VDB Penny |
|---|---|
| Mintage | 484,000 |
| Designer | Victor David Brenner |
| Material | 95% Copper, 5% Tin and Zinc |
| Value at Auction | $2,000,000 |
5 More Coins You Can’t Ignore
- 1943 Copper Penny
- Why It’s Rare: During World War II, pennies were minted in steel to conserve copper. A few copper pennies were mistakenly struck.
- Value: One sold for $1.7 million.
- Key Detail: Its reddish-brown hue distinguishes it from the common steel pennies.
- 1933 Saint-Gaudens Double Eagle
- Why It’s Rare: Almost all were melted down after President Roosevelt banned private gold ownership in 1933.
- Value: One was sold for $18.9 million in 2021, setting a record.
- Key Detail: Only a few legally exist.
- 1794 Flowing Hair Silver Dollar
- Why It’s Rare: It’s believed to be the first silver dollar minted in the U.S.
- Value: Sold for $10 million in 2013.
- Key Detail: Its historical importance as a foundational U.S. coin drives its value.
- 1894-S Barber Dime
- Why It’s Rare: Only 24 were minted, with just nine known to exist today.
- Value: One sold for $1.9 million.
- Key Detail: Originally created as special gifts for bankers.
- 2007 Queen Elizabeth II Maple Leaf
- Why It’s Rare: Made of 100 kilograms of pure gold.
- Value: Sold for $4 million.
- Key Detail: Its sheer size and gold content make it one of the most valuable modern coins.
How to Spot Valuable Coins
- Examine Mint Marks: Rare coins often have unique mint marks indicating where they were produced.
- Look for Errors: Minting errors, like double strikes or off-center prints, can make coins extremely valuable.
- Condition is King: The better the condition, the higher the value. Coins graded “Mint State” (MS) are particularly prized.
The 1909-S VDB Penny, with its rich history and limited mintage, is a symbol of why coin collecting remains a passion for so many.
With other extraordinary coins like the 1943 Copper Penny and the 1794 Flowing Hair Silver Dollar, numismatics offers endless opportunities to uncover hidden treasures.
Whether you’re a seasoned collector or a curious beginner, understanding the stories and characteristics of these coins will enhance your journey into this fascinating world. Start your search today—you might just stumble upon the next million-dollar find!
FAQs
What Makes a Coin Valuable?
Rare coins gain value from limited mintage, historical significance, and exceptional condition.
Where Can I Find Rare Coins?
Rare coins can be found at auctions, estate sales, and through reputable dealers.
Should I Get My Coins Graded?
Yes, professional grading by services like PCGS or NGC can significantly increase a coin’s value.
