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SERIES: Indian Head $10 1907-1933
LEVEL: Year, MintMark, & Major Variety

1909-D $10 (Regular Strike)

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PCGS MS67

PCGS MS66

PCGS MS66
PCGS #:
8863
Diameter:
26.80 millimeters
Designer:
Augustus Saint Gaudens
Weight:
16.70 grams
Edge:
Raised Stars
Mintage:
121,540
Metal Content:
90% Gold, 10% Copper
Auction Record:
$138,000 • PCGS MS67 • 11-3-2005 • Heritage Auctions
Show Plus Grades Hide eBay
20
760
20
25
765
1
25
30
780
30
45+
845
45+
50+
885
50+
53+
930
53+
55+
955
55+
58+
1,050
1
58+
64+
16,500
2
64+
65+
37,500
65+
66+
72,500
66+
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 4,125 R-4.1 14 / 27 TIE 18 / 32 TIE
60 or Better 2,000 R-4.6 15 / 27 19 / 32
65 or Better 22 R-9.0 8 / 27 TIE 8 / 32 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade

Dr. Thaine Price - David Akers 5/1998:49, $71,500 - Heritage 1/1999:8290, unsold - Phillip H. Morse Collection - Heritage 11/2005:6505, $138,000 - Bob R. Simpson Collection

1 MS67 PCGS grade  
3 MS66 PCGS grade

Kutasi Collection - Heritage 1/2007:3168, $48,875

3 MS66 PCGS grade
3 MS66 PCGS grade
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade

Dr. Thaine Price - David Akers 5/1998:49, $71,500 - Heritage 1/1999:8290, unsold - Phillip H. Morse Collection - Heritage 11/2005:6505, $138,000 - Bob R. Simpson Collection

1 MS67 PCGS grade  
3 MS66 PCGS grade

Kutasi Collection - Heritage 1/2007:3168, $48,875

3 MS66 PCGS grade
3 MS66 PCGS grade
3 MS66 PCGS grade  

Dr. and Mrs. Steven Duckor - Heritage 2/2007:4820, $51,750

7 MS66 estimated grade  

Albert F. Holden, who obtained the coin directly from the Denver Mint in 1909 - Norweb Collection - Bowers & Merena 3/1988:2307 - Bentley Shores Collection - Stack’s/Bowers 8/2013:4540, $105,750

8 MS65 PCGS grade  
8 MS65 PCGS grade  
8 MS65 PCGS grade  
David Akers (1975/88): The 1909-D is one of the most underrated issues of the series, and it is actually one of the rarest in an absolute sense. Even in MS-60 this issue is very rare and in MS-63 or MS-64 condition, it can be located only with great difficulty. I have seen approximately eight to 10 true gems, with the possibly the finest being the two MS-65+ specimens that are now in my personal collection, although the example owned by a prominent Eastern collector and the lustrous Norweb specimen are essentially their equal. The Eliasberg coin now owned by Dr. Steven Duckor is another gem as is a piece I purchased in 1986 from dealer Jay Miller and sold to Dr. Thaine Price.

The 1909-D is nearly always sharply struck and is usually frosty with very finely granular surfaces, although some specimens are quite satiny. The color is typically light orange or coppery with highlights of greenish gold. The lustre is generally only average or slightly below average for the series; one rarely sees a radiantly lustrous 1909-D, or even one with as much lustre as a typical 1908-D With Motto, although a few (cf. the Norweb specimen) do have excellent lustre.

Ron Guth: The 1909-D $10 Indian is only semi-scarce but it is quite difficult to locate a Gem example without breaking the bank.  The number of Gems known to Akers reflects what is known today -- that only a handful of coins qualify at the MS66 and better levels.  Akers enumerated several pieces in his earlier write-ups, and all of those had withstood the test of time.  He mentioned two MS65+ examples in his personal collection, and we're not sure what happened to them, but we can expect them to be extraordinary considering his accurate (if not conservative) grading.  In top grades, the 1909-D has proven to be a six-figure coin -- an acknowledgement of the extreme popularity of this series.