First Issue
The 1909 Lincoln cent was born from a bronze plaque carved by Victor David Brenner in 1907. Upon seeing it, President Theodore Roosevelt immediately grew fond of the idea of using that design to adorn U.S. Coinage in honor of the 100th birthday of our 16th President, Abraham Lincoln. He immediately set into motion the plan to change the now 50-year-old Indian cent design to that of Lincoln.
He contacted the mint and the artist to have them design a one cent coin with the Lincoln bust on one side, and a simple design of the mint's choosing on the other side. Brenner was tasked with both sides of the design, and immediately set forth to create the art for the coin.
By August the design was completed, and on August 02, 1909, the first Lincoln Cents were struck in San Francisco and Philadelphia. Upon striking these coins, the Indian Head design was retired. What resulted were 1909 dated cents bearing both different designs.
Stoppage and Change
The first year of the Lincoln cent didn't come without problems. Although placing the designer's initials on coins was customary, public protest demanded the immediate removal of the designer's initials (V.D.B., for Victor David Brenner) from the reverse of the coin shortly after its release to the public in August of 1909.
The Mint obliged and made the difficult and costly decision to remove the initials less than a week into production of the new cent.
The prominent position of the deisgner's initials in the lower reverse between the stems of two wheat ears prompted Mint Engraver Charles E. Barber to halt the presses so he could change the design of the reverse of the coin to omit the initials. This caused the 1909 design variety with the VDB initials to be in shortage, especially in San Francisco, where only 484,000 coins would be minted. All remaining 1909 cents would be minted wihout the initials of the artist on the coins.
About the Coins
1909 Lincoln cents are not difficult to obtain, but can be valuable in higher grades especially. Because of the much lower mintage, the S-mint (especially those with the VDB initials) can be much more valuable. Great caution must be exercised when purchasing such coins, because there are unfortunately more counterfeit coins on the market than the real ones.
Original rolls are nearly completely gone, save the 1909-P VDB issue. Because of the immediate change in design people hoarded rolls of these coins, leaving some of them to still remain unopened today. All other uncirculated 1909 cents are generally gone or sold in made-up rolls or as singles.