typically, what makes a coin rare is either low coinage or a alone mistake – and in some cases both .
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The VDB initials drew controversy and as result – merely 484,000 of these coins were minted
You can find this in assorted types of coins including nickels, dimes, quarters, half dollars, and early change .
In this case, we explain why the VDB penny is so valuable and how a lot you can get if you happen to have one around your home .
What is the VDB penny and why it’s valuable?
first, it ’ mho crucial to know what VDB stands for, which is the initials of designer Victor David Brenner .
up until the late 1950s, Mr Brenner designed all the years of the coins featuring 16th US president of the united states Abraham Lincoln. arguably, none of the coins he designed drew more controversy than the 1909 S version – which was the first base year of the Lincoln coin .
This is because newspaper reporters had an issue with the placement of the initials, which were located on the bottom of the change by reversal side of the coin, according to Professional Coin Grading Service president Ron Gruth .
Mr Gruth wrote that reporters argued that it was “ far from inconspicuous and that the initials amounted to free, illegal ad for the interior designer. ”
“ alternatively of placing the initials elsewhere in new dies, mint employees plainly removed them wholly from the coin, and a new round of cents were produced without the VDB. ” And it ’ s so valuable not entirely because of the controversy surrounding it but its depleted mintage besides – just 484,000 of these coins have been minted .
That ’ s compared with more than 72million of the other version of the 1909 mint .
How much it’s worth
When it comes to all coins, the value can sometimes depend on mark and condition .
According to USA Coin Book, the 1909 S coin is worth $ 917 in average circumstance and up to $ 2,222 if in “ Uncirculated ( MS-63 ). ”
To give you a better estimate, some have recently sold on eBay .
This includes one for more than $ 2,000 and another for about $ 1,500 .
besides, two other 1909 S coins sold for more than $ 1,100 each .
How to find rare coins
There are many ways you can find rare coins .
The first gear thing you ’ ll want to do is check places in your home or any places you might store switch .
Some other things you can try are using a metallic detector in know areas for forget care for and by stopping by your local bank branch and asking for a wrapping of pennies .
You can besides try to get a good deal on one on-line through USA Coin Book or eBay .
But make certain you inquiry the coin first and know what it ’ randomness deserving before buy. Some other rare Lincoln coins that have sold recently include one from 1914 for approximately $ 919 and a mint from 1992 for more than $ 25,000 .
other rare coins that have sold on-line include a old world buffalo mint with three legs for $ 1,400 along with a flying eagle cent, which sold for $ 11,128 .
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