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SERIES: Indian Head $5 1908-1929
LEVEL: Year, MintMark, & Major Variety

1909 $5 (Regular Strike)

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PCGS MS66+

PCGS MS66

PCGS MS66
PCGS #:
8513
Diameter:
21.60 millimeters
Designer:
Bela Lyon Pratt
Weight:
8.24 grams
Edge:
Reeded
Mintage:
627,060
Metal Content:
90% Gold, 10% Copper
Auction Record:
$51,750 • PCGS MS66 • 7-7-2006 • Heritage
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 18,333 R-2.8 16 / 24 TIE 16 / 24 TIE
60 or Better 11,500 R-2.9 17 / 24 TIE 17 / 24 TIE
65 or Better 208 R-6.9 22 / 24 22 / 24
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS66+ PCGS grade

Kennedy Collection

2 MS66 PCGS grade

Superior 1/2004:907, $18,400 - Jim O'Neal Collection of $5 Indians - Heritage 1/2011:5136, $24,150 - Heritage 12/2011:4623, $23,000

2 MS66 PCGS grade

Simpson Collection

2 MS66 PCGS grade  
2 MS66 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS66+ PCGS grade

Kennedy Collection

2 MS66 PCGS grade

Superior 1/2004:907, $18,400 - Jim O'Neal Collection of $5 Indians - Heritage 1/2011:5136, $24,150 - Heritage 12/2011:4623, $23,000

2 MS66 PCGS grade

Simpson Collection

2 MS66 PCGS grade  
2 MS66 PCGS grade  
2 MS66 PCGS grade  
2 MS66 PCGS grade  
2 MS66 PCGS grade  
9 MS65+ PCGS grade
9 MS65+ PCGS grade  
David Akers (1975/88): The 1909 is clearly not one of the major rarities of the series but it is certainly very difficult to locate in MS-64 or higher grade. Below that level specimens can be located with relatively little searching. Thrue gems are very rare, maybe two dozen existing in all, and superb quality examples (better than MS-65) are exceptionally rare and, for all practical purposes, unobtainable. They do exist, however.

The 1909 is usually well struck with good to very good lustre. Most specimens are of the "soft" frosty surface type, but some satiny examples do exist that are remarkably similar to the Proofs in general appearance. Color on this issue is wide ranging. There are beautiful greenish orange specimens (always the "soft" frosty type) and bright yellow gold ones (usually, but not always, the satiny type).