1909-O $5 AU58 NGC....

Description

Popular 1909-O Five Dollar, AU58

1909-O $5 AU58 NGC. The low-mintage 1909-O five dollar (34,200 pieces, the lowest production for the Indian Head half eagle series), is the final gold coin made at the New Orleans Mint. It is also the only Indian Head five dollar issue to be struck at this mint. Douglas Winter, in his Gold Coins of the New Orleans Mint, sums up the importance of the '09-O: "It is not an especially scarce coin in circulated grades but it is exceedingly popular due to its status as a one-year type. In recent years, the level of demand for this coin has soared and now it ranks as one of the most popular New Orleans issues of any denomination."
This near-Mint yellow-gold example displays traces of apricot, tan, and green, and retains a good amount of luster. The design elements are quite sharp, indeed better so than typically seen on the issue. The mintmark, which is often weak, stands out well on this particular coin. A few minute marks are visible, especially on the reverse, but these are less severe than usually seen.(Registry values: N2998)

Coin Index Numbers: (NGC ID# 25ZK, PCGS# 8515, GSID# 9320)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.24188oz
Mintage: 34,200

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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