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1909-O $5 MS62 PCGS....

Lot: 2591, Auction: 2008 February Long Beach, CA Signature Coin Auction #460

Sold for: $46,000.00 (includes BP )
Bid Source: Live: Floor
Ended: Feb 14, 2008
Item Activity: 5 Internet/mail bidders
1,008 page views

Description:

Premier 1909-O Indian Five, MS62

1909-O $5 MS62 PCGS. The 1909-O half eagle is the premier star in the series, the only New Orleans gold coin to feature the attractive and popular Indian Head design. It is also a key-date issue from a mintage of only 34,200 coins, and it is a condition rarity that is seldom seen in higher grades than this specimen. Few Mint State examples of the date have survived since they were minted 99 years ago. The PCGS Population Report shows a total of just 57 coins in all Mint State grades, the lowest Mint State total of any Indian half eagle issue. Naturally, it is also the lowest population date in grades of MS62 or finer.
Jeff Garrett and Ron Guth write: "This is one of the most sought-after issues in the series because of the low mintage and general rarity in any Mint State grade. It has long been considered a key date and is always in feverish demand." In our own auctions, dating back to the beginning of our archives in 1993, we have only handled nine finer examples of the 1909-O half eagle.
This pleasing Indian half eagle exhibits brilliant light yellow luster with satin surfaces. It is a sharp impression, including a fully defined mintmark at the lower left reverse. Every design element is bold and intricately detailed. The surfaces are lightly abraded but this is expected at the MS62 grade level. There are no individually distracting marks on either side. Population: 19 in 62, 19 finer (12/07).(Registry values: N7079) (#8515)

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1121, Lot 4083 Sunday, January 11, 2009 62 PCGS $43,125.00
Auction 422, Lot 3589 Saturday, January 6, 2007 62 PCGS $43,125.00
Auction 416, Lot 3664 Saturday, September 16, 2006 62 NGC $33,350.00
Auction 414, Lot 5523 Monday, August 14, 2006 62 PCGS $41,400.00
Auction 394, Lot 3506 Saturday, January 7, 2006 62 PCGS $46,000.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
61 --- $36,880 $29,500 $25,500 $25,500 $31,500
62 $50,000 $52,500 $42,000 $38,000 $38,500 $49,000
63 $100,000 $89,050 $68,500 $61,500 $63,500 $97,500
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades Mintage Engraver
PCGS 62 19* 19* 510 34,200 Bela Lyon Pratt
NGC 62 22 23 854
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auction Galleries.

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