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1909 VDB- The First Matte Proof Lincoln Die Diagnostics Informational Thread

As promised, here is the first thread in the series of threads where we will be describing the die characteristics of Matte Proof Lincolns individually by date.

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(Not my coin)

We start with the 1909 VDB. By far the rarest of the nine coin series. With a mintage of only 420 pieces, this coin is the stopper for many Registry Sets. Currently, the PCGS Registry has 9 sets that are 88.89% complete, only missing the 1909 VDB. This coin is the only Lincoln Proof with the 'VDB' initials on the reverse, so it is also a type coin. The current PCGS Population Reprts show that PCGS has only certified 97 total coins, and the NGC Census shows that NGC has only certified 47.

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The 1909-1916 Matte Proof Lincolns are known for their very sharp strikes and amazing detail. Many people refer to MPLs as "the way Lincoln was supposed to look". The coins were stuck twice at low speed and high pressure. The coins have sharp, squared off rims, and usually a dull, matte finish. These coins are often heavy with die polish lines, which act as die markers to help in distinguishing a Business Strike from a Matte Proof.

The three main diagnostics for identifying a 1909 VDB Matte Proof are as follows:

1) Heavy die polish lines in front of Lincoln's nose on the obverse

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2) A single die polish line extending from Lincoln's coat toward the 'R' under 'LIBERTY'

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3) A crescent shaped die chip to the right of 'UNUM' on the reverse

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Recent Sales:
Bowers & Merena - 8/4/2007- PCGS PR65RD $46,000
Heritage - 11/30/2006 - PCGS PR64RB $14,950
Heritage - 6/3/2006 - NGC PR64BN $8,050
Heritage - 6/3/2006 - PCGS PR65RB $17,250
Heritage - 6/3/2006 - PCGS PR66RB $29,900
Heritage - 5/8/2004 - PCGS PR64RB $7,130

It is clear by the auction prices that this coin is gaining in demand, and collectors are bringing the price closer to what it should be. With the 'cent'ennial of the Lincoln Cent in 2009, it is the consensus of many collectors that the demand for this coin, and the Matte Proof series will greatly increase.

The schedule for the remaining dates:
1909: Link to 1909 diagnostic thread
1910: Link to 1910 diagnostic thread
1911: Link to 1911 diagnostic thread
1912: Link to 1912 diagnostic thread
1913: cohodk 10/21/07
1914: Link to 1914 diagnostic thread
1915: robec 11/4/07
1916: Link to 1916 diagnostic thread

Thanks for reading! If you have one, feel free to post it!

Close up photos courtesy of DMWJR. Entire coin shot taken from Heritage's website.

-Paul
Many Quality coins for sale at http://www.CommonCentsRareCoins.com
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