My Journey Through Classic Commemorative Half Dollars: 1892-1954
July 1, 2025My Metal Detecting Triumph: Unearthing a 1919 Mercury Dime and Silver Treasures
July 1, 2025Like many collectors, I’ve always had a soft spot for Lincoln cents, especially that famous 1909-S VDB. But recently, I uncovered something that flipped my whole understanding upside down: the 1909 VDB proof is a true sleeper rarity, worth far more than I ever guessed. Let me walk you through what I discovered about this remarkable coin.
That Auction Price Still Stuns Me
When I began poking around, the numbers blew my mind. Just look at a recent sale—a 1909 VDB proof graded MS67+ RD with CAC approval fetched $275,625 after fees. And get this: that’s actually under its $380,000 price guide estimate! What really shocked me was how this low-mintage coin leaves even the 1909-S VDB in the dust. If you’re tracking values like I do, you’ll notice auction fever often sends prices soaring when deep-pocketed collectors jump in at the last minute.
Why Matte Proofs Are Tricky Treasures
Here’s something cool I learned: every Lincoln proof from 1909 to 1916 has that distinctive matte finish. But what really hooked me was discovering how they often tone because they were stored in high-sulfur paper. For folks like us, that means:
- Red is gold: Always chase coins with that strong red (RD) label—they’re the real prizes. And check for minimal toning, since environmental damage can sneak up on these.
- Survival isn’t everything: Even though they minted 2,198 VDB proofs versus just 1,194 plain proofs, the VDB’s fame makes it crazy valuable. We’re talking $55,000 for a PR65 RD VDB versus $1,800 for a plain proof. It’s not just scarcity—it’s history and demand working together.
Collecting in the Real World
Here’s the frustrating part I uncovered: hoarding shapes this market. Rumor has it one collector grabbed over 50 pieces, making it brutal for the rest of us to complete 20th-century proof sets. I felt that pinch myself when prices kept sprinting ahead of my budget. So what’s a collector to do?
- Build smart: If the VDB proof feels out of reach (it does for me!), try more accessible matte proofs like the 1909 plain or 1916—that one had just 1,050 minted. Grow your set step by step.
- Track the trophy cases: Coins like these often land in elite registry sets like the Red Copper Collection. Watching where they end up gives you clues about rarity and condition.
Parting Thoughts from One Collector to Another
This whole experience reminded me why I love coins—there’s always another layer to uncover. If you’re dreaming of a VDB proof like I am, save steadily, watch auctions like a hawk, and always get pieces graded by PCGS or NGC. Personally? I’m soaking up the beauty of other matte proofs while staying ready for my shot. Maybe someday! Till then, keep your eyes peeled and happy hunting.