1909-S $5 MS64+ PCGS Secure. CAC....

Description

1909-S Indian Head Five, MS64+
Rare This Well-Preserved

1909-S $5 MS64+ PCGS Secure. CAC. The 1909-S is perhaps one of the most underrated issues in the Indian half eagle series. Its mintage of 297,000 pieces is not abnormally low, but its high-grade survival rate is. The 1909-S is the third-rarest issue in Mint State, trailing only the key 1911-D and 1909-O. In Choice and finer grades, the '09-S is arguably scarcer than the '11-D and is nearly as rare as the New Orleans issue. Auction appearances of the 1909-S are similarly infrequent in high grade. The last Plus-designated MS64 PCGS example we offered was in lot 10647 of the San Francisco Signature sale (Heritage, 3/2014), which realized $30,550.

The present example is in every respect comparable to that piece, showcasing sharp design elements and pleasantly smooth, satiny luster in bronze-gold hues. A faint graze on the Indian's cheek and a thin mark in the nearby field appear to be all that preclude Gem classification. Population: 17 in 64 (3 in 64+), 4 finer (11/15).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 25ZL, PCGS# 8516, Greysheet# 9321)

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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