1909-D $10 MS65 NGC....

Description

1909-D Eagle, MS65
Conditionally Rare

1909-D $10 MS65 NGC. The 1909-D Indian eagle's mintage of a little more than 121,000 coins was not strikingly low in comparison to many other dates in the series, but the issue's availability in the upper Mint State grades is severely limited as a result of circulation and attrition. Most Uncirculated examples are heavily abraded, grading no finer than MS62; Select examples are scarce, and Choice representatives are exceedingly so. In Gem, the 1909-D eagle emerges as one of the rarest dates in the series at this level. NGC lists just five coins in this grade, with only four numerically finer (3/15); given the number of avid collectors who pursue the Indian gold series, it is not surprising why these few high-end coins are so tightly held and by extension so infrequently offered at auction. The last Gem example we handled was in our August 2012 FUN Signature sale, where it realized $28,200.

This piece displays deep orange-gold luster over satiny surfaces, with sharply defined relief elements. A few small abrasions on the high points of the devices are consistent with the grade.
From The Collection of Edwin J. Mantooth Bowers.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 28GN, PCGS# 8863, Greysheet# 9762)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.53oz
Mintage: 121,540

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.

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