Coin Specifications

Category: Indian Head $2.50 (1908-1929)
Mint: Philadelphia
Mintage: 139
Obverse Designer: Bela Lyon Pratt
Reverse Designer: Bela Lyon Pratt
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1210oz
Melt Value: $158.13 (9/26/2017)
Diameter: 18mm
Edge: Reeded
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1909 $2.5 PF obverse 1909 $2.5 PF reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

In 1907, the Mint changed the way in which they produced gold proofs. Instead of the bright, brilliant finish of prior years, they sand-blasted the coins post strike. This led to a dark, matte finish which proved very unpopular.

Due to the unpopularity of the matte finish, in 1909, the "Roman gold" process was instead used on proof gold coins. This produced a coin that was brighter and was a sort of mix between matte and brilliant proof. However, due to the fact that this was the second year of issue and also the unpopularity of the first year's finish, only 139 proofs were sold. This would prove to be the third lowest mintage of the series.

GRADE SUMMARY

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Price Guide

Last Updated: 8/10/2017

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

1909 $2.5 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 5300 5800 7300 10500 17750 49500 62500 75000 105000 - -
$ - - - - - - - - - - - 65000 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 45
Low Grade: 61
Average Grade: 64
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
4/6/2006 NGC PF 64   Heritage Auctions 2006 April Atlanta, GA (ANA) Signature Auction #402, 402/Lot# 1767 $19,550.00
1/3/2007 NGC PF 67   Heritage Auctions 2007 January Orlando, FL (FUN) Signature Coin Auction #422, 422/Lot# 3112 $57,500.00
4/28/2010 NGC PF 66   Heritage Auctions 2010 April-May Milwaukee, WI CSNS US Coin Auction #1139, 1139/Lot# 2216 $34,500.00
11/5/2015 PCGS PF 64   Stack's Bowers November 2015 Baltimore, 6110/Lot# 20096 $16,450.00


NGC Registry

NGC Registry Score 1909 $2.5 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base111111111497198725352831300434574118510957876351719887761128314218
1111111499166021692633288831553677444853355975663377249611122610
000000149916602169263328883155367744485335597566337724961100
0000001998182323522732294633063897477855616163691582501044700
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