Among all the Lincoln Wheat pennies ever made, few are as legendary as the 1909-S VDB cent. With its ultra-low mintage, rich backstory, and huge collector demand, this tiny copper coin has become one of the most valuable and talked-about coins in U.S. numismatics.
But with its fame comes fakes—so it’s important to know exactly what you’re looking for.
Here’s why this coin is such a big deal, how to identify it, and what it might be worth today.
Unique
The 1909-S VDB penny was minted in San Francisco in the very first year of the Lincoln cent series. The “S” stands for the San Francisco Mint, and “VDB” are the initials of Victor David Brenner, the designer of the coin. You’ll find those initials at the bottom center of the reverse side—right below the wheat stalks.
Only about 484,000 of these pennies were made before the initials were removed due to public backlash. That’s an incredibly low number compared to other pennies, which were produced in the millions. This makes the 1909-S VDB one of the key dates for collectors building a full Wheat penny set.
Fakes
Because of its high value and reputation, the 1909-S VDB is one of the most counterfeited U.S. coins. Some fakes are made by adding an “S” mint mark to a regular 1909 VDB from Philadelphia. Others are made by altering the coin’s reverse to include the VDB initials.
Here’s what you can do to avoid being fooled:
- Study known genuine examples online from trusted sources
- Check the shape, size, and placement of the “S” mint mark—it should sit just below the date
- Compare letter spacing on both sides
- Never buy one unless it has been authenticated by PCGS, NGC, or another respected grading service
Value
So how much is this small copper coin really worth? That depends on its condition, color, and whether it’s been professionally graded.
| Condition | Estimated Value |
|---|---|
| Good (circulated) | $700 – $1,000 |
| Fine | $1,200 – $1,800 |
| Extremely Fine | $2,000 – $3,500 |
| Uncirculated | $4,000 – $10,000 |
| MS67RD (mint red) | Over $150,000 |
In April 2022, a certified MS67 Red (RD) specimen sold for an astonishing $168,000 at auction. That’s a small coin with a big price tag.
Tips
If you think you’ve found one of these coins, here’s what you should do:
- Don’t clean the coin—this can ruin its value
- Store it safely in a coin holder or flip
- Have it examined by a certified dealer or grading service
- Compare it with verified photos of real 1909-S VDB coins
The 1909-S VDB Lincoln cent is one of those rare finds that collectors dream about. Whether it turns up in pocket change, a coin collection, or a forgotten drawer, it could be worth thousands—or even more.
If you ever come across one, take it seriously and get it checked. You could be holding a coin that’s worth far more than its size suggests.
FAQs
What does the S in 1909-S VDB mean?
It means the coin was minted in San Francisco.
Where are the VDB initials located?
They’re at the bottom center of the reverse side.
How many 1909-S VDB pennies exist?
Only about 484,000 were minted.
How much is a 1909-S VDB penny worth?
It can range from $700 to over $150,000 depending on condition.
How can I avoid buying a fake?
Only buy authenticated coins from PCGS or NGC certified dealers.
