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 Replies: 8 / Views: 2,584 |
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Pillar of the Community
United States
2200 Posts |
It seems like the 1909-S VDB penny is one of those coins that will never lose its luster, so to speak. Everyone wants it so it will always command a nice price.
But at the other end of the spectrum--what's the lowest price you've ever seen for the coin? (And was not a fake.)
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Valued Member
United States
77 Posts |
I've heard of a guy who went to a swap meet in Canada and was sold a corroded, AG "1909 S" from a coin vendor for $40.
It turns out that, upon closer inspection, he was sold a corroded, AG 1909 S VDB for $40, a specimen that was easily worth at least $200-$300.
So yes $40 is the cheapest price I've ever heard of for a 1909 S VDB. Poor vendor...
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Pillar of the Community
United States
593 Posts |
Are there any resources online to help screen for fakes? I would assume an altered date, added mint mark, and added "VDB" would be the most common things to look for. Short of buying slabbed, can a loose 1909 S VDB be reasonably screened?
Lars
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Pillar of the Community
United States
6130 Posts |
There are plenty of markers: http://www.pcgs.com/News/Counterfei...incoln-CentsThe most common fakes I have seen are adding the VDB to a regular 1909-S, adding an S to a 1909 VDB, and cast Chinese copies. Most fakes have glaring issues, but there are very high quality phonies out there. |
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Bedrock of the Community
United States
20753 Posts |
Recently a seller at a flea market was selling 1909S VDB's and 1943 Copper Cents for $5. They really looked real too. He sort of vanished lately. Cheapest ones I've seen are at coin shows so always way up there in prices.
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Pillar of the Community
United States
5854 Posts |
The cheapest I have seen was one that sold on ebay relatively recently in a NGC VF details holder for $140 but I think that might have been an erroneous listing and the dealer might not have completed the transaction. Otherwise the cheapest certified examples(all in problem holders) sell in the $300-400 ballpark. |
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Bedrock of the Community
United States
20753 Posts |
It is odd too that of all the Lincoln Cents that are valuable, that 1909S VDB is still always available. At coin shows I see them all the time. However, seldom see as many 14D's, 22 plains, etc. Popularity of that 09S VDB makes it a coin that is turned over a lot and usually for a decent profit. Contrary to this posts request for the cheapest one, I've seen many in the over $3 and $4 thousand dollar prices.
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Pillar of the Community
United States
655 Posts |
Edited by NJ Bob
09/28/2014 11:27 pm
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Valued Member
United States
406 Posts |
Quote:
It is odd too that of all the Lincoln Cents that are valuable, that 1909S VDB is still always available. Actually, it is not odd at all when you stop to consider that nearly a half-million were made, and the circumstances of the withdrawal of the 1909 and 1909-S VDB cents were such that there was a premium attached to them virtually from day one. If you believe Walter Breen, 500 rolls of Uncirc. S-VDBs were sold in 1918 for 1-3/4 cents each. Take a look at the PCGS population data. The S-VDB in MS65 Red PCGS is actually the commonest mintmarked Lincoln before 1933 in terms of the population data. This is not to downgrade our namesake coin (we named our company VDB Coins because everybody can remember it). And we love a nice, high-grade S-VDB! But it is the demand, not the supply, that keeps prices high. The 1914-D and 1931-S were simply not saved in quantities anywhere near as great. Best Regards,  George |
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Replies: 8 / Views: 2,584 |
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Posted 09/25/2014 11:17 pm
