1909 $5 MS66 NGC. An exceptional coin for this date. The Indian half eagle series has several elusive dates, and even dates...

Description

Exemplary Premium Gem 1909 Half Eagle

1909 $5 MS66 NGC. An exceptional coin for this date. The Indian half eagle series has several elusive dates, and even dates with generous mintages can be quite rare in Gem grades. A case in point would be this 1909 half eagle. Despite the plentiful mintage of 627,060 struck, only a handful qualify as Gems today, and in this next grading tier, a total of seven coins have been awarded the MS66 grade from both NGC and PCGS. No examples of this date have been graded finer than the present coin. Although 1909 cents of all mintmark varieties and types were hoarded, the gold coins of this date were ignored. Even the dramatic 1909/8 overdate did not appear in Wayte Raymond's Standard Catalogue of United States Coins until 1944.
On the present coin, we note a thin, almost invisible scratch from star 3 to the Indian's mouth. On the reverse there are a couple of minor luster grazes in the field behind the eagle's head, which will serve to identify this pristine coin. The strike is exquisite, with full definition throughout the headdress feathers, and intricate detail on the eagle's plumage, even on the sometimes indistinct uppermost portion of the front wing. Olive-green tints emerge from the subtle apricot toning, and this arrangement of colors is associated with original 20th century gold coins. The satin luster is comprehensive, and the eye appeal is undeniable. The dies are moderately rotated counterclockwise. An opportunity to put away a classic example of a condition rarity worthy of the finest collection. Census: 4 in 66, 0 finer (10/06).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 28DH, PCGS# 8513, Greysheet# 9309)

Weight: 8.36 grams

Metal: 90% Gold, 10% Copper

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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