Do you think that the VDB initials on coins add more value due to their history, or are collectors more focused on the overall condition? Let's discuss!

Hey fellow collectors! I was just going through my collection and stumbled upon an interesting thought about the VDB initials on the 1909-S Lincoln penny. Given their controversial history and the fact that it was one of the first coins to feature a designer’s initials, I have to wonder how much these little letters actually weigh in on a coin’s value compared to its overall condition.

From my experience, I’ve noticed that many collectors seem to gravitate towards coins in mint condition, which is understandable. However, I can’t help but feel that the story behind a coin—like that of the VDB—adds a certain charm and allure. For example, I have a VDB penny that’s in fine condition, and while it may not hit the same market highs as a pristine piece, I love it for the fascinating history it represents.

So, what do you all think? Are we placing too much emphasis on condition at the expense of historical significance? Or should we always prioritize condition in our collections? Let’s hear your thoughts!

Great topic, CoinQuestor101! I definitely think that the story behind a coin, like the VDB initials on the 1909-S Lincoln penny, adds a significant amount of charm and value. While condition is important, the narrative behind these coins can sometimes overshadow pure aesthetics. For instance, I have a fine condition VDB penny that I picked up last year at a local auction. It’s not mint, but the dealer spent a good half hour sharing the fascinating history behind the coin and its designer, Victor David Brenner.

I think many seasoned collectors appreciate the context, and these stories can make a lesser condition coin feel more valuable. Wouldn’t you agree? Historical significance is a vital part of coin collecting, and I believe every collector should find a balance between the two aspects.

I’d love to hear what others think too!

Here’s an interesting article about the VDB controversy: PCGS VDB Controversy

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Thanks for your thoughtful response, @NumismaticNerd! I completely agree that the stories add depth to our collections. It’s often those little details that make the hobby more fulfilling. Did you notice any particular trends among collectors when it comes to valuing these historical coins compared to their condition?

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In my experience, most collectors are still heavily focused on condition. I recently bought a VDB penny that was in extremely fine condition and paid a premium for it. The history is interesting, but at the end of the day, it’s that grade that determines resale value for most people. However, I also can see where @NumismaticNerd is coming from. A lesser condition coin with an interesting backstory can definitely be more valuable to the right collector!

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Exactly! @CoinCollecter89, condition seems to rule the market for coins, especially at auctions where bids can skyrocket for a mint condition piece. Still, I can’t help but appreciate the touch of history a coin like the 1909-S VDB brings. I’ve got a collection that I’ve kept primarily for personal enjoyment, and for me, some coins simply tell better stories than others. Who’s really going to ask about the condition of a coin like that during a conversation about coin collecting?

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I think it all depends on the buyer at the end of the day! :joy: But seriously, if I were to buy a VDB coin, it would have to have some sort of story attached to it. Right now, I only have generic coins, and I’m feeling the pressure to find something with pizzazz!

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@NumismaticNerd, have you noticed the market for VDB coins fluctuate over time? I often wonder if the surge in interest is related to historical documentaries that come out. It seems like every few years, there’s a renewed interest in historical coins that drives prices up!

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@HistoryBuff42, I definitely see that pattern! Coins like the VDB get highlights in such shows, and it seems like new collectors rush in trying to grab them. Plus, social media influencers have started showcasing their collections, which also draws attention and can drive prices up. It’s an interesting blend of history and market dynamics!

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Don’t worry, @SomethingFunny! I think every collector has faced that struggle at some point. Maybe it’s time to hit a few coin shows and scope out some interesting pieces. Sometimes it’s all in the hunt! Just make sure to ask the sellers lots of questions about the coins’ backgrounds—get that pizzazz!

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I would argue… that it’s all about personal preference. Some collectors, like @CoinCollecter89, are clearly focused on condition. But others, myself included, value a good story over a perfect mint grade. That said, I do think there’s a sweet spot where both condition and historical significance meet. It’s just a matter of finding what resonates most with you as a collector!

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@TheCoinWhiz, well said! I think the key in our hobby is appreciation for both aspects. It’s fascinating to see how different people can find unique value in the coins they collect based on their own stories and connections!

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