Are 1909 v.d.b. lincolns really that valuable?

Discussion in 'Coin Chat' started by 50cent, Oct 20, 2010.

  1. 50cent

    50cent What A steal

    Are 1901 v.d.b. lincolns worth as much as people say:rolleyes:?
     
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  3. rlm's cents

    rlm's cents Numismatist

    You are going to have to give us some kind of clues what grade you are talking about and what price that is.
     
  4. Victor

    Victor Coin Collector

    If you have a 1901 vdb Lincoln I'll give you $100 for it! I'm sure it's a typo and you have a 1909.
    They are worth whatever people will pay depending on condition. Worth roughly from $5 to $20.
     
  5. Texas John

    Texas John Collector of oddments

    1909 V.D.B. cents are relatively common in all grades. They were actively saved at the time of minting, and many, many unc. rolls survived. 1909 S V.D.B. cents were also actively saved at the time of minting, but that mintage was small and the demand is great, so they are valuable in all grades.
     
  6. kaparthy

    kaparthy Well-Known Member

    The Lincoln Cent is the singlemost common collectible in the world.

    But at nearly half a million struck the 1909-S VDB is hardly "rare." Many coins of the world, many popular American tokens, and, of course, almost any fine art medal, are much rarer.

    It is an axiom of ecoomics that demand drives markets. (Keynesians speak of "supply and demand" both as drivers, but they are wrong.) More people want 1909-S VDB cents, so the price is higher.

    It is also an axiom that the market is always right. In the Red Book, for Bust Dimes, see that the 1837s have about one-third the mintage of the 1836s, but both have the same price. If you think the market is wrong -- and has been wrong since 1947 -- stock up on 36s and wait for the world to make you rich.
     
  7. illini420

    illini420 1909 Collector

    It's all about condition. I've paid as little as $5 for some lower grade circulated examples (the Greysheet current values the coin around $10 in Good condition). I've also paid up to $1650 for a very high end PCGS MS67RD example.

    And then on top of that, if you get into the 1909 VDB doubled die obverse varieties, some of the very high grade examples are five figure coins.

    Overall, it's a very common coin, but also highly demanded as it's the first year of the Lincoln Cent and a one-year type coin. Many collectors starting out love to buy these to sort of fill the void until they can afford the king of coins, the 1909-S VDB. But with any coin, once you get to the top of the condition census the prices go up very quickly.
     
  8. 50cent

    50cent What A steal

    grade vg-8 - f-12
     
  9. rlm's cents

    rlm's cents Numismatist

    I still don't know what you are saying they are worth. I see about $10 - $12, but those do not exactly fly off the shelves
     
  10. Virginian

    Virginian Well-Known Member

  11. lincolncent

    lincolncent Future Storm Chaser Guy

    IMO that basic economic principle means absolutely nothing in the coin world. Its price vs demand. As the demand goes up, so does the price. Not, as that graphic says, necesarily as quantity goes up, price goes down.
     
  12. abe

    abe LaminatedLincolnCollector

    The correct answer is no, the prices where driven through the roof especially in the last few years since the end of the memorial series was near. Pure hype has driven the prices up just like the 22-D. Don't say BS, without the 09-S vdb, or the 22 no D, the 09 vdb & 22-D would be just another average coin in the Lincoln Series...
     
  13. tdec1000

    tdec1000 Coin Rich, Money Poor :D

    Nice, high quality, original coins with no damage and that are chock full of eye appeal are. I have owned hundreds of gem 1909 vdbs. No two are exactly the same either. I have had ms64 coins that look nicer than ms 65 coins and obviously visa versa. Many 1909 VDB's were cleaned or redipped as well. When you find a nice bright original GEM RED 1909 VDB I would buy it in a hearbeat.
     
  14. 50cent

    50cent What A steal

    just what i wanted to know do they fly of shelves not really thanks
     
  15. schwalbe

    schwalbe Junior Member

    the most i've ever seen them go for is around $6,000. it was mint, with a nice tone. plus it was graded also.
     
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