1909 1C Lincoln, Lincoln Cent
The 1909 1C Lincoln, BN (Regular Strike) cent is a significant coin for collectors, marking the inaugural year of the iconic Lincoln Wheat cent series. Designed by Victor David Brenner, this coin was first issued in 1909, coinciding with the centennial of Abraham Lincoln's birth. This initiative aimed to honor the revered U.S. president, resulting in one of the most popular coin series in American numismatics.
Historical Context and Numismatic
Significance Introduced in 1909, the Lincoln cent represented a departure from the Indian Head cent, which previously circulated. The striking feature of the 1909 issue was the inclusion of the designer's initials, "V.D.B.," prominently placed on the reverse, which led to a minor controversy and subsequent redesigns where the initials were removed. In contrast to its successor coins, the 1909 1C without the V.D.B. on the reverse is considered less scarce, and thus more accessible to collectors.
Mintage and Variants
The Philadelphia Mint produced two primary variants of the 1909 Lincoln cent: the 1909 No V.D.B. and the 1909 V.D.B., with the initials visible. The mintage for the 1909 Lincoln cent (No V.D.B.) was a substantial 72,702,618. This high mintage reveals that the coin was widely circulated, making it a staple in the collections of many numismatists.
Rarity and Collector Demand
While the 1909 Lincoln cent without the V.D.B. initials is not considered rare due to its high mintage, it is still highly sought after by collectors, especially those assembling date and mintmark collections. The coins with the V.D.B. initials on the reverse are generally more valuable in higher grades due to their more limited production.
Value and Market Performance
The value of the 1909 Lincoln cent fluctuates based on its condition and grade. In lower circulated grades, the coin is relatively common and affordable. However, in higher uncirculated grades, particularly those with eye-appealing surfaces, the coin can fetch higher premiums. As an example, pristine Mint State specimens have commanded impressive prices at auctions conducted by major numismatic firms. Sales records show that coins graded MS65 BN by the Professional Coin Grading Service (PCGS) have fetched several hundred dollars, reflecting the ongoing admiration for this early 20th-century coin.
PCGS and Registry Details
According to PCGS CoinFacts, the 1909 1C Lincoln, BN holds the identifier PCGS # 2429. The coin is a staple in many registry sets and remains an essential acquisition for Lincoln cent enthusiasts due to its historical value, aesthetic appeal, and connection to the beginnings of the series. In conclusion, the 1909 1C Lincoln, BN (Regular Strike), devoid of the controversial V.D.B. on the reverse, continues to captivate collectors with its rich history and role as a pioneering piece in the Lincoln cents collection. Its widespread availability in circulated conditions provides an excellent entry-point for new collectors, while high-grade examples remain coveted by seasoned numismatists seeking to complete advanced sets.
