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Description

Wonderfully Lustrous 1909 Ten Dollar, MS66

1909 $10 MS66 PCGS. Despite an original mintage more than triple that of the 1908-S eagle--184,700 pieces versus 59,850--the 1909 eagle in Gem or finer grades is actually a bit more elusive than the 1908-S. In MS66 the present coin is among nine pieces so certified at PCGS, and only one example is graded finer (4/10). In the 2008 second edition of A Handbook of 20th Century United States Gold Coins 1907-1933, David Akers comments, "The 1909 is one of the scarcer Philadelphia Mint issues in the Indian Eagle series. Coins that grade MS-60 to MS-63 are not too difficult to locate, but MS-64s are scarce and Gems are quite rare. Superb Gems are much rarer than those of the 1908 No Motto and 1908-S, although a few exquisite 1909 Eagles do exist. This is a grossly underrated issue, particularly in the finer Mint State grades."
The surfaces of this wonderful Premium Gem are highly frosted and incredibly appealing, with glowing luster and an essential absence of contact marks or other distractions. A small alloy spot appears near the rim at 8 o'clock, but is hardly distracting. The coloration is a glorious mix of reddish-gold and greenish-gold, it is hard to pinpoint just where each color is they are so intermixed on each side. The real selling point for this coin is the luster. If "luster is the life of a coin" then this coin has plenty of life. The bold strike and over-the-top eye appeal complete a package that is nearly unimprovable.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 28GM, PCGS# 8862, GSID# 9749)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 184,789


Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

View Certification Details from PCGS

Auction Info

Auction Dates
June, 2010
3rd-6th Thursday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 1,709

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Jun 4, 2010 for: $25,300.00
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