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Description

Impeccable 1909 Matte Proof Indian Five

1909 $5 PR66 NGC. Struck in the rare and highly coveted "Roman Finish" used only in 1909 and 1910, the surfaces of this piece are much lighter in color than the 1908 and also more minutely granular, this finish being a curious mixture between a brilliant and matte proof, giving the coin a semi-brilliant, satiny appearance. These coins have often been confused with high-grade business strikes, but seen side by side one can easily see a difference in the texture of the surfaces. Only 78 proofs were made, the 1909 being a rarer issue than other dates from 1908-13. We estimate that probably 30-40 pieces still exist today of this rarely seen issue.
The coin has a wire rim on the right portion of the reverse, and a small abrasion just to the left of the Indian's upper lip. An impeccable, boldly struck, first class example that is worthy of the finest collection of proof gold.(#8540) (Registry values: N7079) (NGC ID# 25ZS, PCGS# 8540)


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Auction Dates
May, 2005
4th-7th Wednesday-Saturday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 332

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