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1909 1C VDB PR64 Red and Brown PCGS. The

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1909 1C VDB PR64 Red and Brown PCGS. The
<table><tr><td><table><tr><td>1909 1C VDB PR64 Red and Brown PCGS. The mintage figures for 1909 proof cents vary widely according to which source one chooses to believe. Breen states that 420 pieces were struck of the VDB variant and 2,198 of the "plain" 1909 cents. The current Guide Book lists 1,194 proofs made of the VDB cents, and 2,352 examples without the designer's initials on the reverse. This estimate was revised in the 1998 edition. Since Wayte Raymond sent Walter Breen to the National Archives in the early 1950s specifically to research the mintages of U.S. coins, we will defer to his figures. Also, experience has taught us from handling many matte proof Lincolns over the years that the VDB coins are at least five times scarcer, as the mintage would indicate, rather than twice as scarce as the Guide Book would lead one to believe. We suspect other dealers who have also handled these pieces would concur, and the population data from the grading services also bears out this disparity between the two issues. This particular coin has the fine-grain surfaces one expects from a matte proof and it is intricately detailed, also as one would expect. Orange-red luster and golden-brown patina compete for dominance on both sides. A few flecks of carbon account for the grade. <BR><BR><B>Important notice:</B> Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. <BR><BR><B>IMPORTANT ANNOUNCEMENT ABOUT RESERVES:</B> Heritage now divulges all reserves on its web site 7 days before every auction. If you want to know whether the reserve on this lot has been met, and if not, what the reserve amount is, please visit this lot page on the HeritageCoin.com web site, or email: bid@HeritageGalleries.com </span></font></td></tr></table></td></tr></table>