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Lot
5537

1909 $5 PR67 PCGS. Only 78 proofs were made, the 1909 being a rarer issue than other dates from 1908-13. We estimate that p...

2006 August Denver, CO Signature & Platinum Night Auction #414

 
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Auction Ended On: Aug 14, 2006
Item Activity: 9 Internet/mail/phone bidders
1,219 page views
Location: Denver, CO
Description:
Superb Proof 1909 Indian Half Eagle
1909 $5 PR67 PCGS. 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. 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 and the quality of the strike. In addition to the Roman Finish pieces, a single specimen is known with a matte finish.
The Mint was experimenting with different finishes for the proof gold coins during this period. Today, we see a range of colors, encompassing the spectrum from light brown or tan through bright yellow. This impeccable specimen is noteworthy for its silky-smooth appearance and bright, satiny texture. Traces of lemon-yellow and orange color reside in the more protected areas. The surfaces are nearly perfect, and there are no pedigree characteristics visible on either side. Few Indian half eagles of any date could match this piece for its technical quality and aesthetic attributes. Population: 1 in 67, 0 finer (7/06).(Registry values: N10218) (NGC ID# 25ZS, PCGS# 8540)

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