No, not all 1909 pennies have the initials VDB on them. The initials VDB stand for Victor David Brenner, the designer of the Lincoln cent. In 1909, the first year of the Lincoln cent's production, Brenner's initials were placed on the reverse of the coin. However, due to public outcry over the prominence of the initials, they were removed from the coin in 1910. As a result, there are two types of 1909 pennies: those with VDB and those without. The 1909 penny with VDB is considered to be a rare and valuable coin.