Coin Specifications

Category: Indian Head $5 (1908-1929)
Mint: Philadelphia
Mintage: 250
Catalog: KM-129
Obverse Designer: Bela Lyon Pratt
Reverse Designer: Bela Lyon Pratt
Composition: Gold
Fineness: 0.9000
Weight: 8.3590g
AGW: 0.2419oz
Melt Value: $315.73 (7/24/2014)
Diameter: 21.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1910 $5 PF obverse 1910 $5 PF reverse


Images courtesy of Heritage Auctions (HA.com)
  
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Description & Analysis

The special nature of Roman Finish gold is not generally appreciated by collectors. When the Mint switched from the traditional brilliant finish to the matte finish in 1908, it was a rough transition. Apparently collectors were caught by surprise when the switchover occurred. Their general displeasure is best seen by the numbers minted in the two years: 167 proofs in 1908 vs. 78 in 1909. Collectors were not silent about their displeasure either. Editorials appeared in The Numismatist and a resolution was sent by the ANA Board to the Mint in 1908.

The Mint attempted to placate collectors by altering the finish in 1909 and subsequently in 1910. The finish on these pieces lacked the sandblasting seen in 1908. Rather, the coins were struck from special blanks and special dies, but there was no post-striking treatment. The result was a 'bright' proof, as Mint personnel termed it.

This new finish was not appreciated by collectors either. In fact, it was disliked even more than the previous matte finish, particularly because the coins were not easily distinguishable from circulation strikes. This negative reaction had Mint officials jumping through hoops once again, and in 1911 they reverted to the matte finish. But for two years, proof gold was struck with this special process, so minimal it was almost a non-process. Special blanks and special dies created bright, shimmering coins. To the untrained eye, they do appear superficially like circulation strikes--except for the razor-sharp definition and uniformly bright surfaces.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 7/14/2014

Click on a price to see historical prices, comparison charts and trends.

1910 $5 PF Matte
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 5600 6600 8800 14750 28000 55000 68000 120000 - - -
$ - - - - - - - - 21000 - - 107500 - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 43
Low Grade: 62
Average Grade: 65
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/3/2007 NGC PF 67   Heritage Auctions 2007 January Orlando, FL (FUN) Signature Coin Auction #422, 422/Lot# 3131 $57,500.00
8/11/2010 NGC PF 67   Heritage Auctions 2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143, 1143/Lot# 3530 $63,250.00
1/30/2011 NGC PF 66   Goldberg January 30 - February 3, 2011 The Pre-Long Beach Coin and Currency Auction, 62/Lot# 2170 $40,250.00
9/23/2013 NGC PF 68   Bonhams Coins and Medals, 20992/Lot# 1015 $146,250.00
9/23/2013 NGC PF 68   Bonhams The Tacasyl Collection of Magnificent United States Proof Gold Coins, 20992/Lot# 1015 $655,200.00


NGC Registry

NGC Registry Score 1910 $5 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111116002113268629943198391247565476690977048992102551409218118
11111115341771230427883062343641934996595371748133941311534154340
0000001534177123042788306234364193499659537174813394131153400
00000011067194224952891313036744474523664317439856298341281300
1910 $5 PF Matte
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333151520092561286030573747456552646658743186864063374302134561
333333350716792193266029253287401947985728691578491933551856943880
00000035071679219326602925328740194798572869157849193355185600
000000310111844237727602991351742925031619371738267299846307900
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