1909 S Penny Value
The 1909 S penny value usually ranges from about $95 to $310+ in circulated to lower Mint State grades, with nicer certified examples worth more. The 1909-S penny is a key-date Lincoln Wheat cent struck in San Francisco with a mintage of 1,825,000. It is more valuable than the common 1909 Philadelphia coins, but it is not the same as the much more expensive 1909-S VDB penny. The easiest way to identify it is the “S” mint mark below the date and the absence of “V.D.B.” initials on the reverse.

AUCTION RECORD: $1,680
Image source: PCGS
What is a 1909 S penny worth?
A 1909 S penny is usually worth about:
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$95 to $125 in lower circulated grades
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$150 to $215+ in better circulated or About Uncirculated condition
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$310+ in lower Mint State grades
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$1,200 or more for premium certified red gems in high grades
1909 S Penny Value by Grade
The 1909 S penny value rises sharply with grade and color. USA Coin Book shows approximate current values around $95 in Good, $125 in average circulated condition, and roughly $215 in About Uncirculated. NGC’s published guide for the 1909 San Francisco issue also shows higher Mint State levels, including about $310 in MS 60 RB and around $1,200 in MS 65 RD.
Why is the 1909-S penny valuable?
The 1909 S penny is valuable because it combines three traits collectors want most:
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It is a first-year Lincoln cent
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It was minted in San Francisco, where far fewer were made than in Philadelphia
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It is a recognized key date in the Lincoln Wheat cent series
Its value is driven by scarcity, first-year demand, and the popularity of building complete Lincoln cent sets.
1909 S Penny vs. 1909 S VDB Penny
This is the most important distinction on the page. The 1909 S penny has an S mint mark but no VDB initials on the reverse. The 1909 S VDB penny has both the S mint mark and the V.D.B. initials at the bottom of the reverse, and it is much rarer and much more expensive. PCGS lists the 1909 S no-VDB at 1,825,000 minted, while the 1909-S VDB had only 484,000 minted.
How to identify a 1909 S penny
To identify a genuine 1909 S penny, look for these details:
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Date: 1909
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Mint mark: small S below the date on the obverse
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Reverse: no V.D.B. initials at the bottom rim
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Specifications: 95% copper, 5% tin and zinc; 3.11 grams; 19 mm diameter; plain edge; designed by Victor David Brenner
Because San Francisco key dates are frequently altered or counterfeited, authentication is important for any example that appears original and valuable.
1909 S Penny Facts
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Coin type: Lincoln Wheat cent
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Year: 1909
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Mint mark: S
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Mintage: 1,825,000
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Composition: 95% copper, 5% tin and zinc
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Weight: 3.11 grams
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Diameter: 19 millimeters
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Edge: Plain
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Designer: Victor David Brenner
Is the 1909 S penny rare?
Yes. The 1909 S penny is scarce compared with the Philadelphia issues from 1909. NGC highlights the San Francisco versions as essential coins for advanced Lincoln cent collectors, and the much lower mintage compared with the common 1909 Philadelphia cent is the main reason it commands a strong premium even in circulated condition.
How condition affects 1909-S penny value
Condition matters a lot. Brown coins are generally worth less than RB (Red-Brown) examples, and RD (Red) coins usually command the highest premiums because they retain more original mint color. That is why a worn circulated 1909-S may sell for around a hundred dollars, while a premium gem red example can move into four figures.
FAQ
How much is a 1909 S penny worth today?
A 1909-S penny is usually worth about $95 to $310+, depending on grade, with better red Mint State examples worth much more.
Is the 1909-S penny the same as the 1909-S VDB penny?
No. The 1909-S penny does not have the V.D.B. initials on the reverse. The 1909-S VDB penny does, and it is much rarer.
Why is the 1909-S penny rare?
It is rare because only 1,825,000 were minted in San Francisco, far fewer than the Philadelphia issues from the same year.
Where is the mint mark on a 1909-S penny?
The S mint mark appears below the date on the obverse.
Is a 1909-S penny without VDB valuable?
Yes. It is a collectible key-date Lincoln cent and is worth well above face value in all grades.
What is the value of a 1909 S Wheat Penny?
The 1909 S Wheat Penny's value may start at around $115 in average condition and can go up to several thousands of dollars or more in uncirculated (MS+) condition. (coins that are not in a good condition may still only be valued close to their face value of 1 cent).
How rare is the 1909 S Wheat Penny?
It is considered one of the key dates in the Lincoln Wheat Penny series due to its lower mintage and high demand among collectors.
What factors affect the 1909 S Wheat Penny's value?
Condition, rarity, and demand in the numismatic market primarily determine its value.
What is the highest price ever paid for a 1909 S Wheat Penny?
While exact figures can vary, top-quality 1909 S Wheat Pennies in pristine condition have fetched thousands of dollars at auctions.
Does the condition of the 1909 S Wheat Penny significantly impact its value?
Yes, the coin’s value increases substantially with better condition, particularly in uncirculated grades.
Are there any known errors on the 1909 S Wheat Pennies that increase their value?
Specific error coins are not commonly mentioned, but any 1909 S Penny with noticeable minting errors would likely be highly valuable.
How can I determine if my 1909 S Wheat Penny is valuable?
Assessing the coin's condition, checking for any errors, and consulting with a coin expert can help determine its value.
What is the average selling price of a 1909 S Wheat Penny?
Selling prices vary, with average condition coins starting around $115 and higher grades or uncirculated coins fetching much more.
What makes the 1909 S Wheat Penny unique compared to other Wheat Pennies?
Its low mintage and the fact it was one of the earliest Lincoln pennies make it unique and highly sought after by collectors.
Can a 1909 S Wheat Penny be a good investment?
Due to its rarity and demand, it can be a good investment, especially if the coin is in higher-grade condition.
What should I do if I find a 1909 S Wheat Penny?
Have it assessed by a reputable coin dealer or grading service to determine its condition and value.
Where is the best place to sell a 1909 S Wheat Penny?
Coin dealers, numismatic auctions, and specialized online platforms are ideal for selling such valuable coins.
What historical significance does the 1909 S Wheat Penny hold?
It represents one of the earliest Lincoln cents and is a key date in the Wheat Penny series, adding historical significance.
Are there any special collecting tips for 1909 S Wheat Pennies?
Focus on the coin’s condition and authenticity, and consider getting it professionally graded to confirm its value.
How does the 1909 S Wheat Penny fit into the overall Wheat Penny collection?
It is a cornerstone piece for Wheat Penny collectors, representing a significant and valuable part of early 20th-century American numismatics.
Learn more about:
1909 wheat penny value, 1925 d penny value, Lincoln penny errors, top 100 most valuable pennies, bullion shark auctions, 1951 s wheat penny value, valuable state quarters, when did quarters stop being silver.
