Assuming the coin is circulated and has no mintmark, a 1909 V.D.B. is not considered rare. Most coins have seen heavy use and show a lot of wear. Retail values, as of 8-26-11, are $8.50-$17.00 depending on what grade the coin is. Values are only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelry or have been cleaned have far less value if any to a collector or dealer.
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Not unless you have a 1909 S VDB cent. If you have this coin it will have a S under the date and the letters VDB on the reverse at the very bottom.
$500.00
You're probably thinking of "VDB", the initials of the coin's designer Victor D. Brenner. Please see the question "What is the value of a 1909 Lincoln cent?" for more information.
The 1909-S VDB is the rarest and most valuable Lincoln cent that exists, and is worth no less than $500, and the value increases with better condition.
Current retail for a certified XF 1909-S VDB is about .