1909-S VDB Penny Value
Quick answer: A genuine 1909-S VDB cent is worth roughly $700–$1,500 in typical circulated grades, $1,500–$2,500 in high circulated grades, and $2,500+ uncirculated.
The 1909-S VDB is the most famous key date in American numismatics — the coin every collector who ever filled a penny folder dreamed of finding. Only 484,000 were struck at San Francisco before designer Victor D. Brenner’s initials were removed from the reverse amid newspaper controversy.
Two things must both be present: the S mint mark under the date on the front, and the initials V.D.B. centered at the bottom of the reverse between the wheat stalks. Because of its value, this coin is one of the most counterfeited U.S. coins — added mint marks are common. Authentication matters.
Key dates worth serious money
1909 VDB (Philadelphia, no S)
$12 – $100 — common!
1909-S (no VDB)
$100 – $400
1909-S VDB
$700 – $5,000+
The story behind the coin
Brenner placed his full initials prominently on the new Lincoln cent in August 1909. Newspapers cried self-promotion, and within days the Treasury ordered them removed. Philadelphia had already struck nearly 28 million VDB cents — but San Francisco only 484,000, creating instant scarcity that collectors noticed within a decade.
Frequently asked questions
My 1909 penny has VDB but no S — is it valuable?
That’s the Philadelphia issue: nearly 28 million minted. Still collectible ($12+ worn, $100 uncirculated) but not the rarity.
Where exactly are the VDB initials?
On the reverse (back), centered at the very bottom rim between the wheat stalk stems. You may need a magnifier.
How do I avoid a fake 1909-S VDB?
Most fakes add an S to a genuine Philadelphia VDB cent. Genuine S marks have specific shapes and positions; serious buyers only trust coins certified by PCGS or NGC.
What if mine is worn nearly smooth?
Even in the lowest grades a genuine example brings $600+. Never clean it and get it authenticated.
Related value guides
Values shown are typical retail ranges for the grades described, based on recent dealer and auction pricing. Markets move; exact value depends on grade, variety and eye appeal. This guide is informational and not a formal appraisal.