LOT Old Heritage Auctions  /  2008 February Long Beach Signature Coin #460  / 

2591

1909-O $5 MS62 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:35,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1909-O $5 MS62 PCGS
<B>1909-O $5 MS62 PCGS.</B></I> The 1909-O half eagle is the premier star in the series, the only New Orleans gold coin to feature the attractive and popular Indian Head design. It is also a key-date issue from a mintage of only 34,200 coins, and it is a condition rarity that is seldom seen in higher grades than this specimen. Few Mint State examples of the date have survived since they were minted 99 years ago. The PCGS <I>Population Report</B></I> shows a total of just 57 coins in all Mint State grades, the lowest Mint State total of any Indian half eagle issue. Naturally, it is also the lowest population date in grades of MS62 or finer. <BR> Jeff Garrett and Ron Guth write: "This is one of the most sought-after issues in the series because of the low mintage and general rarity in any Mint State grade. It has long been considered a key date and is always in feverish demand." In our own auctions, dating back to the beginning of our archives in 1993, we have only handled nine finer examples of the 1909-O half eagle.<BR> This pleasing Indian half eagle exhibits brilliant light yellow luster with satin surfaces. It is a sharp impression, including a fully defined mintmark at the lower left reverse. Every design element is bold and intricately detailed. The surfaces are lightly abraded but this is expected at the MS62 grade level. There are no individually distracting marks on either side. Population: 19 in 62, 19 finer (12/07).<BR><BR><B>Coin Engraver:</B> Bela Lyon Pratt<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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