1909 1C Small Cent Lincoln, Matte VDB PCGS PR65RB (CAC) YOUNG-DAKOTA
This coin was from our 01/2022 sale. The buyer went broke buying something else and now needs to sell a few coins!
FROM THE YOUNG-DAKOTA COLLECTION
This GEM Matte Proof VDB is an old friend, having been sold as part of our sale of the Young-Dakota Collection in our Exclusively Legend auction.
Stunning, satiny matte surfaces offer a bold vibrance. Ample original RED color blazes in the protected areas of the design, mellowing to a soft brown. Rotation in a light reveals some very attractive violet overtones, particularly on the reverse. Some very minor flecks seen on both sides are a testament to the total originality of this highly eye appealing beauty. A single tiny mark on the reverse near the O in ONE will serve as a pedigree marker for years to come. The eye appeal is amazing!
From the first year of this ever popular series, the 1909 V.D.B. Matte Proof cent is one of the rarest dates in the entire series. Despite a mintage of 1,194, which is the 3rd lowest in the Matte Proof series, it is thought that between 400 and 600 were actually sold to collectors, the rest, either destroyed at the mint or met some other unfortunate fate. Today, PCGS CoinFacts notes that around 200 are known in all grades (Population Report data from PCGS and NGC bear this out, with 192 graded in designations combined). With the lowest survival rate among the series, demand for this issue has done nothing but go up over the years, especially for beautifully preserved GEMs such as the coin offered here. This is a date that because of its huge demand has led to hoarding. We know of a single holding that has been offered that contains over 50 pieces of the approximate 200 known.
PCGS 31, NGC 14, CAC 5. This coin sold in our October 2019 Regency Event for $35,250 and was the first PCGS/CAC example to ever sell. The current Collectors Universe value is listed at $40,000.00. VERY RARE and desirable any finer, we recently sold a PR66 RB for $55,813 in our October 2021 Regency Auction. This is the undisputed KEY to the short lived and always popular Matte Proof series, and we know this GEM will bring a VERY STRONG bid when it crosses the block.
We had a dozen bidders and 1448 unique views for this masterpiece!
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