The 1909-S Lincoln Wheat Penny is one of the most coveted coins in American numismatics. Its rarity and historical significance make it a centerpiece for collectors.
Minted during the debut year of the Lincoln penny series, this coin stands out due to its limited production and unique features. Whether inherited, purchased, or discovered, owning one could be akin to holding a small fortune.
1909-S Lincoln Wheat Penny
The 1909-S Lincoln Wheat Penny was minted in San Francisco and produced in limited quantities. Only 1.8 million coins were struck, which is significantly lower than most other coins of the series. Its scarcity is a major reason for its high market value.
Why the 1909-S Penny Is So Rare
This coin’s rarity stems from its short mintage and the transition from the Indian Head cent to the new Lincoln design in 1909. The San Francisco Mint had limited capacity, resulting in fewer coins being produced.
Additionally, the inclusion of designer Victor D. Brenner’s initials, “VDB,” on the reverse was controversial, leading to a design change and further limiting availability.
Historical Value of the 1909-S Penny
Besides its rarity, the 1909-S Lincoln Wheat Penny holds historical significance as part of the first year of the Lincoln penny series.
It marked a departure from previous coin designs, featuring the first U.S. President on circulating coinage. This innovation added to its appeal among collectors.
Factors That Affect the Value
The condition of the coin plays a crucial role in determining its value. Coins in pristine, uncirculated condition fetch the highest prices, with some reaching nearly $50,000 at auctions. Even heavily circulated coins can be worth hundreds or thousands of dollars, depending on their grade.
| Year | Mint Mark | Designer | Weight |
|---|---|---|---|
| 1909 | S | V.D. Brenner | 3.11 g |
| Material | Copper | Diameter | 19 mm |
| Grade Range | G-4 to MS-65 | Value Range | $100 – $50,000 |
The 1909-S Lincoln Wheat Penny is a symbol of rarity and history in American coinage. Its limited mintage and connection to the series’ origin make it a valuable find for collectors.
If you believe you might have one, having it authenticated and graded by a professional could reveal its true worth.
What Makes the 1909-S Lincoln Wheat Penny So Valuable?
Its limited mintage of 1.8 million coins and the historical context of being part of the first Lincoln penny series significantly enhance its value.
How Can I Identify the 1909-S Penny?
Look for the “S” mint mark below the date on the coin’s obverse side. Additionally, the design features Victor D. Brenner’s initials, “VDB,” on the reverse in some versions.
What Is the Value of a Circulated 1909-S Penny?
Circulated examples can range from $100 to several thousand dollars, depending on the coin’s condition and grade.
