The 1909-S VDB Wheat Penny is one of the most famous and valuable pennies in American history. Collectors worldwide seek this coin due to its low mintage, unique design, and historical significance.
Even in worn condition, this penny can sell for hundreds or thousands of dollars, while pristine examples have reached over $100,000 at auction.
In this article, we will explore its history, characteristics, rarity, and value to help you understand why this penny is so special.
What is the 1909-S VDB Wheat Penny?
The 1909-S VDB Wheat Penny is part of the first series of Lincoln Cents, introduced in 1909 to honor the 100th anniversary of Abraham Lincoln’s birth.
Designed by Victor David Brenner, the coin features Lincoln’s profile on the obverse (front) and two wheat stalks on the reverse (back), symbolizing American agriculture.
This penny stands out for two reasons:
- The “S” Mintmark – This coin was minted at the San Francisco Mint, making it much rarer than those from the Philadelphia Mint.
- The “VDB” Initials – Brenner’s initials, VDB, were placed on the reverse at the bottom, a decision that sparked controversy and led to their removal in later issues.
Because of its limited production and unique history, the 1909-S VDB Wheat Penny has become one of the most coveted coins among collectors.
The History Behind the 1909-S VDB Penny
The Controversy Over the VDB Initials
When the Lincoln Cent was introduced, it was the first U.S. coin to feature a real historical figure. While many admired the new design, some objected to the prominent placement of Brenner’s initials (VDB) on the reverse.
Critics argued that it was inappropriate for the designer’s name to appear so boldly on U.S. currency.
In response, the U.S. Mint quickly removed the VDB initials, making the 1909-S VDB penny one of the only versions to feature them.
Since only a small number of these pennies had already been minted before the change, they became extremely rare and valuable.
Mintage and Scarcity
Only 484,000 of these pennies were produced at the San Francisco Mint, making it one of the lowest-mintage Lincoln Cents ever. Since many of these coins entered circulation and suffered wear over time, finding one in high-grade condition is extremely rare.
Key Features of the 1909-S VDB Wheat Penny
Obverse (Front) Design
- Features a detailed portrait of Abraham Lincoln, designed by Victor David Brenner.
- The word “LIBERTY” appears to the left of Lincoln.
- The year “1909” is inscribed below his profile.
- The “S” mintmark, indicating the San Francisco Mint, is located below the date.
Reverse (Back) Design
- Displays two wheat stalks, framing the words “ONE CENT” and “UNITED STATES OF AMERICA”.
- The VDB initials are positioned at the bottom of the reverse side, distinguishing it from later Lincoln pennies.
How Much is the 1909-S VDB Penny Worth?
The value of the 1909-S VDB Wheat Penny depends on its condition (grade). Even well-worn examples are worth hundreds of dollars, while high-grade versions can sell for tens or even hundreds of thousands.
Estimated Values by Condition
- Good (G-4 to VG-8): $500 – $1,000
- Fine (F-12 to VF-20): $1,500 – $5,000
- Extremely Fine (EF-40 to AU-50): $6,000 – $15,000
- Mint State (MS-60 to MS-65): $20,000 – $50,000
- Top Grade (MS-66+): $100,000+
Auction Records for the 1909-S VDB Penny
Some of the highest-graded 1909-S VDB pennies have sold for over $100,000, with one near-perfect specimen reaching over $1 million at auction.
The value of these coins continues to rise due to increasing demand and limited availability.
Factors That Influence the Value of a 1909-S VDB Penny
1. Condition and Grade
Coins in better condition (higher grades) are always worth more. A well-preserved coin with sharp details and little wear will command a much higher price than a worn-down example.
2. Rarity and Demand
With only 484,000 minted, the 1909-S VDB penny is one of the scarcest Lincoln cents. Since many were used in circulation, finding one in top condition is exceptionally rare, making them highly valuable.
3. Historical Significance
This coin represents an important moment in U.S. history—the introduction of the Lincoln Cent and the removal of the VDB initials, making it a key date for collectors.
The 1909-S VDB Wheat Penny is one of the most valuable and sought-after coins in U.S. history.
Due to its low mintage, controversial design, and historical significance, collectors and investors are willing to pay thousands or even millions for a well-preserved example.
If you ever find one, consider having it professionally graded—you might be sitting on a small fortune.
