Welcome Sign-In | Register
Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 


Historic 1909 Quarter Eagle, PR65

1909 $2 1/2 PR65 NGC. Unlike the prior year 1908 Indian Head quarter eagle proof that was struck using a heavy matte finish, and which proved to be unpopular with collectors, the 1909 issue was struck with a satiny finish known to collectors as "Roman Gold." Mike Fuljenz and Doug Winter, in their treatise A Collector's Guide to Indian Head Quarter Eagles, write that: "The coloration of these proofs is a rich yellow-gold and the texture is a hybrid of matte and mirror surfaces." In his A Reference to United States Federal Gold Coinage, Paul Taglione elaborates further: "The Satin Proofs are lighter in color than any Matte issue, are devoid of the granularity or sandblast effect found on the Mattes, and are a good deal more reflective than the Mattes although describing them as mirror-like would be distortive and inaccurate."
The 1909 quarter eagle proofs are rarer than those of 1908; Walter Breen, in his Complete Encyclopedia of U.S. and Colonial Coins, says that they are "twice as rare." The greater 1909 rarity is likely due to fewer having been minted (139 1909 proofs vs. 236 1908's), resulting in part from fewer orders from collectors who disliked the 1908 matte texture (Jeff Garrett and Ron Guth, Encyclopedia of U.S. Gold Coins: 1795-1933,). Also, because the appearance of a proof 1909 is similar to that of a business strike, many were undoubtedly spent (David Akers, United States Gold Coins: Quarter Eagles.) PCGS has seen a total of 40 1909 proofs, and NGC has certified 36; some of these are undoubtedly resubmissions.
The PR65 specimen offered in this lot displays the bright yellow-gold color typical of this issue. A powerful strike has emboldened the design elements, including sharp delineation in the hair at the Indian's temple, and on all of the eagle's plumage. A couple of stray inoffensive hairlines likely preclude an even higher grade. This highly attractive Indian Head quarter eagle should generate spirited bidding. Census: 7 in 65, 6 finer (2/07).(Registry values: N4719) (NGC ID# 289H, PCGS# 7958)

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
March, 2007
15th-17th Thursday-Saturday
Internet/Mail/Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 1,406

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

Join Now - It's Free

  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your

Consignments wanted

Only 34 days left to consign to the 2016 April 27 - May 2 CSNS US Coins Signature Auction - Chicago!

Learn about consigning with us

Plus, it's simply a pleasure dealing with the people there. It's been a comfortable and enjoyable association.
Tom Batiuk,
Medina, OH
View More Testimonials receives more traffic than any other auction house website. To compare for yourself, visit:

Video tutorial

Getting the most out of search

Recent auctions

2016 February 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
2016 February 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED SO FAR $8,287,083
2016 January 12 - 13 World Coins - Dallas
2016 January 12 - 13 World Coins - Dallas
REALIZED $1,973,394
2016 January 7 - 11 FUN World Currency Signature Auction - Tampa
2016 January 7 - 11 FUN World Currency Signature Auction - Tampa
REALIZED $764,315

© 2016 Heritage Auctions | All Rights Reserved