A nine-lot matched cohort
The dataset contains nine consecutive lots for the same 1909-S VDB Lincoln cent issue in Heritage sale 132607. All sold during the February 17, 2026 auction session in USD, and every cited lot page lists the same 22% buyer's premium. Eight rows use problem-free PCGS numeric grades from G4 through AU53. The ninth is PCGS Genuine, Cleaned, with a VF Details wear description; it is not treated as a numeric PCGS grade.
- ✓9 cited sold lots
- ✓8 problem-free numeric-grade rows
- ✓One auction · one date · one currency · one displayed fee basis
- ✓Downloadable CSV and JSON preserve every lot-page URL
What the problem-free sequence shows
Across the eight problem-free rows, displayed sold totals were non-decreasing as grade rose. The lowest was $762.50 at G4 and the highest was $1,708 at AU53: a $945.50 difference, or 124%, inside this one sale. The steps were not uniform. Both VG8 coins and the F12 coin realized $884.50, so a higher label did not compel a higher result at every adjacent point.
- ✓G4: $762.50
- ✓VG8 ×2 and F12: $884.50 each
- ✓VF25: $1,098 · XF40: $1,281 · XF45: $1,403
- ✓AU53: $1,708
How to read the cleaned VF Details row
The cleaned VF Details coin realized $884.50. That was equal to the two VG8 coins and the F12 coin and below the problem-free VF25 coin at $1,098. The observation is consistent with a cleaning notation mattering to market response, but it cannot establish a causal cleaning penalty. The coins are different specimens, and surfaces, strike, color, eye appeal, images, holder history, lot order and bidder participation may differ.
- ✓Cleaned VF Details: $884.50
- ✓Problem-free VF25: $1,098
- ✓No isolated cleaning adjustment
- ✓No transferable condition coefficient
Method, price basis and limitations
The table uses the final Sold for totals displayed on the cited Heritage lot pages in USD. Heritage lists a 22% buyer's premium for each lot; tax and shipping are outside the dataset. Estimates, guide values and current offer invitations are not used. Grade is a certification opinion, not a universal scalar for every object category. Applying this cohort's 124% low-to-high spread to another coin, painting, piece of furniture or watch would be unsupported.
- ✓Company-authored research by Appraisily
- ✓Sources and calculations checked October 26, 2026
- ✓Distinct specimens and bidders remain confounders
- ✓Not an appraisal, price prediction or investment recommendation
Questions people ask
What does this matched coin cohort show about condition?
Across eight problem-free 1909-S VDB Lincoln cents in one Heritage sale, displayed sold totals did not fall as PCGS numeric grade increased. The steps were not uniform: two VG8 coins and the F12 coin each realized $884.50.
Does the 124% low-to-high difference apply to my coin?
No. The $945.50 or 124% difference describes the G4-to-AU53 endpoints in this one nine-lot cohort. It is not a transferable condition adjustment, price curve, appraisal or prediction for another coin.
How was the cleaned VF Details coin handled?
It is separated from the eight problem-free numeric-grade rows. Its $884.50 total is consistent with a cleaning notation mattering, but distinct specimens and bidders mean the dataset cannot isolate or quantify a cleaning discount.
What price and fee basis does the study use?
The study records the final Sold for totals displayed on each cited Heritage lot page in US dollars. Each page lists a 22% buyer's premium. Tax and shipping are not included, and estimates, guide values and current offer invitations are excluded.
Can coin grades be used as a condition formula for art or antiques?
No. A coin certification grade is not a universal condition scale for paintings, furniture, watches or other antiques. Every category needs its own evidence, terminology, market and object-level review.
Can I download the cohort data?
Yes. The page links to a nine-row CSV, a JSON file containing the method and limitations, and an accessible SVG chart. Sources and calculations were checked on October 26, 2026.