$15,000 Wheat Penny Found In A Coat Pocket At A Charity Shop
In an astonishing turn of events, a volunteer at a local charity shop stumbled upon a rare 1909-S VDB Lincoln Wheat Penny while sorting through donated clothing.
The coin, found in the pocket of a vintage coat, has been appraised at an impressive $15,000, captivating numismatists and treasure hunters alike.
Understanding the 1909-S VDB Wheat Penny
The 1909-S VDB Wheat Penny holds significant historical value as it was the first year the Lincoln cent was minted. The initials “VDB” represent the coin’s designer, Victor David Brenner.
Only 484,000 of these coins were produced at the San Francisco Mint, making them exceptionally rare and highly sought after by collectors.
Key Details of the Discovery
| Detail | Information |
|---|---|
| Location Found | Charity shop coat pocket |
| Coin Type | 1909-S VDB Wheat Penny |
| Estimated Value | $15,000 |
| Mint | San Francisco |
| Mintage | 484,000 |
| Designer | Victor David Brenner |
Why Is This Coin So Valuable?
Several factors contribute to the high value of the 1909-S VDB Wheat Penny:
- Limited Mintage: With only 484,000 coins produced, it’s one of the lowest mintages in the Lincoln cent series.
- Historical Significance: Being the first year of the Lincoln cent and bearing the designer’s initials adds to its allure.
- Collector Demand: Its rarity and story make it a coveted piece among numismatists.
Identifying a 1909-S VDB Wheat Penny
To determine if you have this rare coin:
- Date and Mint Mark: Look for the year 1909 with an “S” mint mark below the date.
- Designer Initials: The initials “VDB” should be on the reverse side at the bottom center.
The Significance of the Find
This discovery underscores the potential treasures hidden in everyday items. It also highlights the importance of understanding and recognizing the value of numismatic rarities, which can transform ordinary coins into valuable collectibles.
The unearthing of a $15,000 Wheat Penny in a charity shop coat pocket serves as a testament to the surprises that personal belongings can hold.
For collectors and enthusiasts, it reinforces the thrill of the hunt and the value of keen observation.
FAQs
What makes the 1909-S VDB Wheat Penny so valuable?
Its limited mintage of 484,000 and historical significance as the first Lincoln cent with the designer’s initials make it highly sought after.
How can I identify a 1909-S VDB Wheat Penny?
Look for the “S” mint mark below the date and the “VDB” initials on the reverse at the bottom center.
Where can I sell a valuable coin like this?
Reputable coin dealers, auctions, or online marketplaces specializing in collectibles are good options.