Coins are often more than just currency; they carry pieces of history, and some are so rare that they can fetch incredible prices at auction. One such coin is the 1945 VDB Matte Proof penny, which recently sold for a staggering $258k Million. But what makes this penny so special? Let’s take a closer look at this rare treasure and what makes it so highly sought after by collectors.
What is the 1945 VDB Matte Proof Penny?
In 1945, the United States Mint introduced the Lincoln cent, marking the beginning of a new era for American currency. The first versions of the coin featured a design by Victor David Brenner, whose initials “VDB” were placed at the bottom of the reverse side of the coin. While most of the 1945 pennies were produced for general circulation, a select few were struck as Matte Proof coins, making them far rarer and highly valuable.
Key Features of the 1945 VDB Matte Proof Penny:
VDB Initials The designer’s initials “VDB” stand for Victor David Brenner, and they appear on the reverse side of the coin. Matte Proof Finish Unlike the shiny, mirror-like finish of other proof coins, the Matte Proof coins have a soft, satin-like appearance with sharp, clear details. Year of Introduction, This was the first year that the Lincoln penny was minted, adding historical significance to the coin.
Why Is the 1945 VDB Matte Proof Penny So Valuable?
The 1909 VDB Matte Proof penny is highly coveted due to its rarity unique finish, and historical importance. Let’s break down why this coin can command such a high price, Rarity Only a small number of these coins were made, and even fewer remain in pristine condition today. The U.S. Mint produced a limited run of the Matte Proof pennies, and over the years, many have been lost, damaged, or deteriorated.
Distinct Matte Finish
The Matte Proof finish is what sets this penny apart from other coins. Unlike the glossy, polished surface of standard proof coins, Matte Proof coins have a soft, satin-like texture and sharp edges, making them immediately recognizable.
VDB Initials
Victor David Brenner’s initials were included on the reverse side of the coin but were later removed after some public criticism. This makes the 1945 VDB penny even rarer and more valuable, as the initial design was short-lived.
Historical Significance
The 1945 Lincoln penny was the first-ever Lincoln cent, and the presence of the VDB initials gives this coin extra historical weight. It’s not just a piece of currency—it’s a reminder of a major change in U.S. coinage history.
How to Identify a 1945 VDB Matte Proof Penny
If you think you’ve found a 1945 VDB Matte Proof penny, it’s important to know what features to look for to confirm its authenticity. Here are the key characteristics to help you identify the coin
| Feature | Description |
| Sharp, Square-Edged Rims | Matte Proof coins have sharp, distinct edges that are not rounded. |
| Detailed Features | The face of Abraham Lincoln and the wheat stalks should be clearly defined with no blurring or softness in the details. |
| Matte, Non-Glossy Surface | Unlike regular proof coins, the surface has a smooth, satin finish rather than a reflective, shiny surface. |
| VDB Initials | The initials “VDB” appear at the bottom of the reverse side. |
| Year | The coin should be from 1945, the first year of the Lincoln penny. |
How Much Is the 1945 VDB Matte Proof Penny Worth?
The value of a 1945 VDB Matte Proof penny can vary depending on its condition. A coin in perfect condition, like the one that sold for $258k Million at auction, is incredibly valuable. However, even coins in lower grades can still fetch impressive amounts. The value typically ranges from several thousand dollars for coins in good condition to hundreds of thousands for those in mint condition.
2. How can I tell if my 1945 penny is a VDB Matte Proof?
To identify a 1945 VDB Matte Proof penny, look for the sharp edges, matte finish, detailed features, and the VDB initials on the reverse side. Professional coin grading services can verify authenticity if you’re unsure.
3. Why were the VDB initials removed from the 1945 pennies?
The initials were removed due to public criticism, with some people feeling that the artist’s initials were too prominently displayed on the coin. The Mint complied and removed the initials, making the VDB version even more desirable.
4. Can I still find a 1945 VDB Matte Proof penny in circulation?
It is extremely unlikely. Most of these coins were either kept by collectors or damaged over time, and those that remain in circulation are usually in poor condition. Finding one in mint state today would be a rare occurrence.
5. Are there any other valuable Lincoln pennies?
Yes! Other rare and valuable Lincoln pennies include the 1945-D, 1950 no-D, and 1960 double die varieties. Each of these coins has unique features that make them highly sought after by collectors.
Conclusion
The 1945 VDB Matte Proof penny is a true gem in the world of numismatics, offering a fascinating blend of rarity, historical significance, and distinctive design. With only a small number of these coins still in existence, it’s no wonder that collectors are willing to pay top dollar to own one. If you happen to come across one of these rare pennies, it could be worth far more than just its face value—it could be a treasure worth thousands, or even hundreds of thousands, of dollars!