{
  "title": "Matched 1909-S VDB Lincoln cent condition cohort",
  "checked_date": "2026-10-26",
  "source": {
    "auction_house": "Heritage Auctions",
    "auction_no": "132607",
    "sale_date": "2026-02-17",
    "object": "1909-S VDB Lincoln cent",
    "pcgs_number": "2426"
  },
  "price_basis": {
    "currency": "USD",
    "displayed_amount": "Final Sold for total shown on each cited lot page",
    "buyers_premium_rate": "22%",
    "tax_and_shipping_included": false
  },
  "method": [
    "Use nine consecutive lots for the same issue in one auction, on one date, in one currency and under one displayed buyer-premium basis.",
    "Separate eight problem-free PCGS numeric grades from one PCGS Genuine coin carrying a Cleaned notation and VF Details wear description.",
    "Report the displayed sold totals descriptively and preserve specimen-specific and bidder-specific confounders."
  ],
  "rows": [
    {"lot": 25008, "service": "PCGS", "grade_label": "G4", "grade_numeric": 4, "problem_notation": null, "realized_total_usd": 762.50, "source_url": "https://coins.ha.com/itm/lincoln-cents/1909-s-1c-vdb-good-4-pcgs-pcgs-population-52-in-4-16008-finer-12-25-cdn-630-whsle-bid-for-ngc-pcgs-good-4-mintage-484-000/a/132607-25008.s"},
    {"lot": 25009, "service": "PCGS", "grade_label": "VG8", "grade_numeric": 8, "problem_notation": null, "realized_total_usd": 884.50, "source_url": "https://coins.ha.com/itm/lincoln-cents/1909-s-1c-vdb-vg8-pcgs-cdn-700-whsle-bid-for-ngc-pcgs-vg8-mintage-484-000-pcgs-2426-/a/132607-25009.s"},
    {"lot": 25010, "service": "PCGS", "grade_label": "VG8", "grade_numeric": 8, "problem_notation": null, "realized_total_usd": 884.50, "source_url": "https://coins.ha.com/itm/lincoln-cents/1909-s-1c-vdb-vg8-pcgs-cdn-700-whsle-bid-for-ngc-pcgs-vg8-mintage-484-000-pcgs-2426-/a/132607-25010.s"},
    {"lot": 25011, "service": "PCGS", "grade_label": "F12", "grade_numeric": 12, "problem_notation": null, "realized_total_usd": 884.50, "source_url": "https://coins.ha.com/itm/lincoln-cents/1909-s-1c-vdb-fine-12-pcgs-cdn-800-whsle-bid-for-ngc-pcgs-fine-12-mintage-484-000-pcgs-2426-/a/132607-25011.s"},
    {"lot": 25012, "service": "PCGS Genuine", "grade_label": "VF Details", "grade_numeric": null, "wear_description_reference": 20, "problem_notation": "Cleaned", "realized_total_usd": 884.50, "source_url": "https://coins.ha.com/itm/lincoln-cents/1909-s-1c-vdb-cleaned-pcgs-genuine-vf-details-mintage-484-000-pcgs-2426-/a/132607-25012.s"},
    {"lot": 25013, "service": "PCGS", "grade_label": "VF25", "grade_numeric": 25, "problem_notation": null, "realized_total_usd": 1098.00, "source_url": "https://coins.ha.com/itm/lincoln-cents/1909-s-1c-vdb-vf25-pcgs-cdn-990-whsle-bid-for-ngc-pcgs-vf25-mintage-484-000-pcgs-2426-/a/132607-25013.s"},
    {"lot": 25014, "service": "PCGS", "grade_label": "XF40", "grade_numeric": 40, "problem_notation": null, "realized_total_usd": 1281.00, "source_url": "https://coins.ha.com/itm/lincoln-cents/1909-s-1c-vdb-xf40-pcgs-cdn-1-200-whsle-bid-for-ngc-pcgs-xf40-mintage-484-000-pcgs-2426-/a/132607-25014.s"},
    {"lot": 25015, "service": "PCGS", "grade_label": "XF45", "grade_numeric": 45, "problem_notation": null, "realized_total_usd": 1403.00, "source_url": "https://coins.ha.com/itm/lincoln-cents/1909-s-1c-vdb-xf45-pcgs-cdn-1-280-whsle-bid-for-ngc-pcgs-xf45-mintage-484-000-pcgs-2426-/a/132607-25015.s"},
    {"lot": 25016, "service": "PCGS", "grade_label": "AU53", "grade_numeric": 53, "problem_notation": null, "realized_total_usd": 1708.00, "source_url": "https://coins.ha.com/itm/lincoln-cents/1909-s-1c-vdb-au53-pcgs-cdn-1-385-whsle-bid-for-ngc-pcgs-au53-mintage-484-000-pcgs-2426-/a/132607-25016.s"}
  ],
  "summary": {
    "row_count": 9,
    "problem_free_numeric_rows": 8,
    "lowest_problem_free_total_usd": 762.50,
    "highest_problem_free_total_usd": 1708.00,
    "low_to_high_difference_usd": 945.50,
    "low_to_high_difference_percent": 124.0,
    "cleaned_vf_details_total_usd": 884.50,
    "problem_free_vf25_total_usd": 1098.00
  },
  "limitations": [
    "Each row is a different physical coin; strike, color, surfaces, eye appeal, images, holder history and lot order may differ.",
    "Bidder participation differs by lot, so the cohort does not isolate a causal price effect for grade or cleaning.",
    "The observed low-to-high spread is not a transferable adjustment or valuation formula for another coin or object category.",
    "Grade is a certification opinion and is not a universal condition scale for paintings, furniture, watches or other antiques."
  ]
}
