History, Information, and Value of 1909-O Indian Gold Half Eagle
Value of 1909-O Indian Head $5 Gold
While the typical 1909-O Indian Half Eagle exhibits bold to sharp detail overall, most have a softly impressed O mintmark that is sometimes only partially defined. On such pieces, the mintmark is also doubled to the left. A small number of survivors do not show doubling to the mintmark and the O is also sharply impressed and readily evident. Very few survivors retain complete mint luster, but on those that do a frosty finish is usually noted. Virtually all survivors are moderately to heavily abraded. This is a neat New Orleans Mint piece to own.
The 1909-O is the only New Orleans Mint issue in any of the four widely collected 20th century U.S. gold series. Examples enjoy strong collector demand at all levels of preservation, with most found in grades such as VF or EF. With the lowest mintage of the type and a below average rate of survival the 1909-O is scarce even in worn condition. In terms of total number of Mint State coins extant this is the leading rarity in the Indian half eagle series. Fewer than 100 Uncirculated coins are known, most of which are in the MS-60 to MS-62 grade range. Choice examples in MS-63 and MS-64 are few and far between, while in Gem Mint State the 1909-O is all but unobtainable. One of the finest known examples was part of the famed Louis E. Eliasberg, Sr. Collection sold by Bowers and Ruddy Galleries in October 1982 under the title of The United States Gold Coin Collection. That coin has since been certified MS-66 by PCGS.
The text on the Indian Gold Half Eagle reads as follows. Obverse: LIBERTY; Date; BLP | Reverse: UNITED STATES OF AMERICA; E PLURIBUS UNUM; IN GOD WE TRUST; FIVE DOLLAR.
The Indian Gold $5 coin is a collector favorite. These coins can be very difficult to grade since they are the only United States Mint coin to have a sunken in design rather than a raised design. So, let the coin experts at Coinappraiser.com help you grade and authenticate your coin. We are rare coin buyers and will make you a top dollar offer based on what your coin is worth. So, if you have been wondering: “How much is my gold coin worth?” then let our experts get you answers!