This issue is considerably rarer than its 1909 VDB counterpart. However, like most early Philadelphia mint Lincolns, this is a somewhat common coin. In fact, for all years 1909 to 1930, the Philadelphia mint issues are much more readily available in all grades than the Denver and San Francisco mint issues.
The 1909 can be found in Gem full red condition as quite a few original rolls were saved. The typical example is well struck. The luster is usually a little subdued, and color can be quite red, but you don't usually see the blazing red examples you can find for the 1909 VDB.