$200,000 Deal Buys VDB Cent
By Numismatic News
Finishing a Lincoln cent set with top quality
pieces got a little more expensive after a March
4 deal saw a 1909 VDB cent graded Proof-68 RB
with star by Numismatic Guaranty Corp. and CAC
sticker sell for over $200,000.
Though the exact price was not disclosed, Laura
Sperber of Legend Numismatics wrote in her blog:
“Yes, the coin we had displayed and always said
was not for sale got sold. While we are not
releasing any specific price, we will confirm
the coin set a world record above $200,000.”
That makes it the most valuable regular issue
Lincoln cent, she added.
Representing the buyer at the deal done at the
Whitman Baltimore coin show was Brian Wagner,
who operates a rare coin firm that bears his
name in Milton, Wash.
“The new owner of this coin is the ‘McCullagh
Collection,’” Wagner said.
“I represented the buyer of the coin and Legend
Numismatics represented the seller,” Wagner
Sperber called this collection the most
spectacular Lincoln proof set that exists.
“Congrats to both Brian and customer. They were
persistent and were a dream to deal with.”
Sperber also noted that her customer for whom
she sold the coin deeply regrets selling it. But
if he misses it too much, he can remember it
generated a profit that works out to a return of
over 30 percent a year, she said, “and that
should ease the pain.”
So much for collectors who thought it was the
1909-S VDB that is the key to the Lincoln set.