Coin Specifications

Category: Indian Head $5 (1908-1929)
Mint: Philadelphia
Mintage: 78
Catalog: KM-129
Obverse Designer: Bela Lyon Pratt
Reverse Designer: Bela Lyon Pratt
Composition: Gold
Fineness: 0.9000
Weight: 8.3600g
AGW: 0.2420oz
Melt Value: $321.06 (9/30/2016)
Diameter: 21.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1909 $5 PF obverse 1909 $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 78 proofs were sold. This would prove to be the second lowest mintage of the series.

GRADE SUMMARY

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Price Guide

Last Updated: 10/12/2015

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

1909 $5 PF Matte
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 5600 6600 9250 16000 28500 55000 85000 137500 187500 - -
$ - - - - - - - - - - - 125000 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 34
Low Grade: 63
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
2/5/2006 NGC PF 66   Matte Goldberg February 5-8, 2006 Pre-Long Beach Coin and Currency Auction, 34/Lot# 1216 $161,000.00
3/28/2009 NGC PF 68   Heritage Auctions 2009 March Baltimore, MD Signature US Coin Auction #1126, 1126/Lot# 3052 $109,250.00
7/26/2012 NGC PF 67   Matte Stack's Bowers The August 2012 Philadelphia ANA World's Fair of Money Auction, 140/Lot# 11718 $149,500.00
7/26/2012 NGC PF 64   Stack's Bowers The August 2012 Philadelphia ANA World's Fair of Money Auction, 140/Lot# 11719 $31,050.00
12/3/2015 PCGS PF 66   Heritage Auctions 2015 December 3 - 6 Houston Money Show US Coins Signature Auction - Houston Session(1), 1227/Lot# 3370 $85,187.50
2/4/2016 PCGS PF 67   Heritage Auctions 2016 February 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach Session(1), 1232/Lot# 3397 $105,750.00
4/27/2016 NGC PF 67   Heritage Auctions 2016 April 27 - May 1 CSNS US Coins Signature Auction - Chicago Session(3), 1234/Lot# 4794 $64,625.00


NGC Registry

NGC Registry Score 1909 $5 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111116402163274530593266399148475577702978349137104161429518362
11111115471814235728493128350742765090606172978268956311709156500
0000001547181423572849312835074276509060617297826895631170900
00000011093198825512954319737494561533365457565870299891300200
1909 $5 PF Matte
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333151520092561286030573747456552646658743186864063374302134561
333333350716792193266029253287401947985728691578491933551856943880
00000035071679219326602925328740194798572869157849193355185600
000000310111844237727602991351742925031619371738267299846307900
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