FUN 2017: Two key-date coins bring same exact price
- Published: Jan 17, 2017, 6 AM
The breadth of Heritage’s Florida United Numismatists convention auctions meant that collectors had a wide-range of choices if they were looking for a key date to add to their sets. The various sessions offered dozens of 1909-S Lincoln, V.D.B. cents in grades ranging from Fine to the top example, a PCGS MS-67 red cent that sold for $61,687.50.
It is tied with 14 others on the PCGS population report as the finest-certified, though the number has been increasing slowly in recent years.
At last year’s FUN auctions, Heritage offered a different example in this grade. At that time it was one of just 13 like-graded examples by PCGS and it brought $94,000. Two years earlier Heritage offered another comparably graded example that realized $117,500 — at that time it was one of just 11 certified by PCGS in this grade.
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The 1909-S Lincoln, V.D.B. cent is a coin that enjoys seemingly endless demand. As Heritage writes, “Few coins evoke childlike wonder like the 1909-S VDB. For collectors who started out in this hobby filling spaces in Whitman albums or some such holders, the 1909-S VDB always represented the pinnacle of achievement. The acquisition of an example, no matter the condition, was a true mark of accomplishment.” Just 484,000 examples were struck at the San Francisco Mint and though many were saved since it was the first year of issue of a new design (and because it was swiftly replaced with a version lacking the V.D.B. initials), relatively few remain in high grades with original red Mint color.
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When used to describe a cent’s color, “red” is perhaps a misnomer. On this coin Heritage notes, “The obverse displays light pumpkin-gold color with glints of sky-blue, while the reverse is more richly toned in shades of copper-orange and lilac. These magnificent hues combine with vibrant mint frost to generate unsurpassed eye appeal.”
Another popular first year of issue key is the 1916-D Winged Liberty Head dime. Just 264,000 examples were struck at the Denver Mint, all in November 1916. Like the 1909-S Lincoln, V.D.B. cent, many of these first-year-of-issue “Mercury” dimes were saved at the time of issue because of the novelty of a new design, but it is a rarity in better Mint State grades with fully struck bands on the reverse.
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Heritage offered an example graded MS-66 full bands by PCGS — one of just 22 like-graded examples with just 10 recorded as finer by PCGS — and it also brought $61,687.50.
More 2017 FUN Auction Coverage:
Recapping the diversity at Heritage’s 2017 FUN sale: Heritage’s 2017 Florida United Numismatists convention auctions realized more than $42 million across more than 8,000 lots in its U.S. coin sessions.
FUN 2017: Wow-level errors sold include Morgan dollar struck off center: Other major errors included a double-take-worthy 1958 Washington quarter and a value-heightened 2014 American Eagle gold bullion coin.
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