A Penny for Your Thoughts Just got Very Expensive!
1909 V.D.B. Matte Proof Lincoln Cent Graded PCGS PR67+RB Sells for Record Price
Talk about chump change! What’s in your wallet?
Prepared by Jaime Hernandez at PCGS - May 24, 2010
Image Courtesy of BluCC Photos. Hey! I’m not judgin’!
I’m just sayin’!
On March 04, 2010 the highest-graded 1909 V.D.B. Matte Proof Lincoln cent sold for over $200,000. This is to date the highest price ever paid for a regular-issue business strike or proof small cent, including Flying Eagle, Indian Head and Lincoln cents. In addition to its numerical grade, this Red Brown example displays extremely attractive toning. The record price for any Lincoln cent was set in 2008 when a 1944-S Lincoln cent error coin struck in steel instead of copper was purchased by Laura Sperber from Legend Numismatics.
The beautiful 1909 V.D.B PCGS PR67+ RB Matte Proof now resides in the McCullagh Collection. This coin can be viewed along with other Matte Proofs on the PCGS Set Registry:
http://www.pcgs.com/setregistry/publishedset.aspx?s=41684&ac=1
(That works out to 110% return PER year! And your BEST investment returned how much??? And tell me again why you don’t invest in coins? A penny for YOUR thoughts!)
Hey! I’m not judgin’! I’m just sayin’! And … I could be wrong!
The “Everything You Need to Know About Gold and Silver Investing” guide will be available next week. If you would like a copy send me your first name and email address to: admin@americancoinguild.com Just put “Coin Guide” in the subject box.
About the Author
A long time collector and aficionado of rare coins, Mr. McDonald brings many years of financial acumen to his blog “Money, In Other Words“. McDonald offers wholesale-like pricing on gold and silver coins for the beginner as well as the sophisticated collector. He is a radio talk show host, author, journalist and TV commentator on all things financial. McDonald has been awarded top honors for his excellence in journalism and his commentaries which have earned him multiple First Place awards from both the Associated Press and the Press Club.
As founder and CEO of his own financial planning firm McDonald was chosen “Entrepreneur of the Year” by Entrepreneur Magazine. McDonald was also acknowledged by Inc Magazine as having created “One of the 100 Best New Businesses in America”.
He has written extensively on finance and economics and authored the book, “If Your Broker’s So Smart, Why Aren’t You Rich?” He is currently working on two novels as well as an expose of the banking industry and has just released “Everything You Need to Know About Gold and Silver Investing”.
Oh! He considers himself retired and does not suffer fools gracefully!
Quick Silver Story April 12, 2011
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