Name: 1909 - P Lincoln Wheat Penny
SKU: 124
Availability: InStock

Description

Stock Photo. Coin you receive will be in equal or better condition.

Numbers Minted

Variety	Mintage	Notes
1909 (Philadelphia)	72,702,618	Standard issue, no mint mark
1909-S (San Francisco)	1,825,000	Lower production due to branch mint capacity
1909 VDB (Philadelphia)	27,995,000	Early production with designer’s initials
1909-S VDB (San Francisco)	484,000	Lowest mintage of the four varieties

The 1909 Lincoln Wheat Penny, the first of its kind, is highly sought after by collectors due to its historical significance and variations, particularly the rare VDB edition.

Common Errors

The 1909-p wheat penny is known for its high copper content and the rarity of certain errors that can significantly increase its value. Here are some common errors to watch for:

Double Die Obverse (DDO): This error occurs when the coin is struck twice at different angles or positions, resulting in overlapping inscriptions or dates. It is most noticeable around the round parts of the “B” and “R” on the reverse.

Repunched Mint Mark: This error involves the minting of a coin with the mint mark punched over the original mark. It is less common but can occur.

Lamination: This error results in layers peeling or separating partially on the planchet. Collectible examples typically sell for $25–$75.

Planchet Preparation Issues: Impurities or preparation issues can cause layers to peel or separate partially, leading to a sellable error.

Historical Significance

The 1909 Lincoln Wheat Penny was the first year that this coin was minted, replacing the Indian Head Penny. Designed by Victor David Brenner, the coin features a portrait of Abraham Lincoln on the obverse and two stalks of wheat on the reverse. The initial release of the coin was met with great enthusiasm, and it marked the centennial of Lincoln’s birth.

Variations and Rarity

1909 VDB Penny: The most notable variation is the 1909 VDB (Victor David Brenner’s initials), which was minted for a short period before the initials were removed due to public outcry. Only 27,995,000 of these coins were produced, making them relatively scarce. The 1909-S VDB is even rarer, with only 484,000 minted, and it commands significantly higher prices in the collector market.
Non-VDB Variants: There are also non-VDB versions of the 1909 penny, including the regular 1909 and the 1909-S, which are less rare but still popular among collectors. The 1909-S has a mintage of 1,825,000 and is valued between $100 and $200 in lower grades.

Value and Collectibility

The 1909 VDB Lincoln Wheat Penny can be worth $8.55 in average condition and can reach $37 or more in uncirculated (MS+) mint condition. Proof coins can be valued at $15,083 or more depending on their condition.

The value of these coins can fluctuate based on their condition, rarity, and market demand. Well-preserved coins in higher grades are particularly sought after by collectors, and prices can range from several dollars to over $1,000 for exceptional specimens.

Reviews

There are no reviews yet.

Be the first to review “1909 – P Lincoln Wheat Penny”