A 1900 Indian Head Cent is pretty common and only worth $1 or so in the condition most are found. 1909 was the first year of the Lincoln Cent and the last year of the Indian Head and there are 6 different varieties. A Lincoln with an S mintmark and the initials "VDB" near the lower rim of the reverse is a valueable coin. With the mintmark but not the initials it is still a pretty good find, with the initials but no mintmark it is worth several dollars, and with neither it is back in the $1 or less category. The Indian Cent with an S mintmark is scarce but without it is fairly common. Look just below the date on a Lincoln Cent or on the back of an Indian Head for the mintmark.
A penny that is 1909 S VDB could get up to around $500. The reason is because a penny that is 1909 S VDB only has 1/2 a million pennies minted. A regular penny has around 10-500 million pennies minted.AnswerIn circulated condition, its worth $500 to $700 A nice uncirculated one is worth $1,000 to $1,200More:According to USA Coin Book, a 1909 S VDB Lincoln Wheat Penny is worth about $700 in good condition up to about $1,500 in MS60 mint condition. A coin in MS63 choice uncirculated grade is worth about $2,125.
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