The 1909 Indian Head half eagles have value as numismatic coins. Keep reading to learn more about these gold coins.

1909 Indian Head Half Eagle

Specifications

Type: Indian Head Half Eagle
Year: 1909
Face Value: $5
Composition: 90% gold, 10% copper
Gold Weight: .24187 oz.
Total Weight: 8.359 grams
Current Gold Bullion Value: $566.98

The US minted the 1909 Indian Head half eagle with no mint mark and also the 1909 D Indian Head half eagle, 1909 O Indian Head half eagle, and 1909 S Indian Head half eagle. The mint mark, when present, can be found on the reverse side of the coin to the left of the arrows.

Series Location Quantity Minted
1909 Philadelphia 627,060
1909 D Denver 3,423,560
1909 O New Orleans 34,200
1909 S San Francisco 297,200

Value

This coin in circulated condition is worth at least its weight in gold. The gold melt value for this coin is $566.98 as of April 14, 2024. This melt value is calculated from the current gold spot price of $2,344.15 per ounce.

The 1909 Indian Head half eagle with no mint mark is worth around $705 in very fine condition. In extremely fine condition the value is around $775. In uncirculated condition the price is around $900 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,750.

The 1909 D Indian Head half eagle is worth around $705 in very fine condition. In extremely fine condition the value is around $775. In uncirculated condition the price is around $900 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,300.

The 1909 O Indian Head half eagle is worth around $5,500 in very fine condition. In extremely fine condition the value is around $7,500. In uncirculated condition the price is around $25,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $85,000.

The 1909 S Indian Head half eagle is worth around $705 in very fine condition. In extremely fine condition the value is around $775. In uncirculated condition the price is around $2,250 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $13,000.

Proof coins with no mint mark are available. These coins have a matte finish. They are each valued at around $18,000 in PR 63 condition. There were 78 proof coins minted.

Grading System

Very fine- There is noticeable wear on the large middle feathers on the headband. There is also noticeable wear on the tip of the eagle's wing.

Extremely fine- The headband feathers, war bonnet, and cheekbone are slightly worn. The feathers on the eagle's upper wing show considerable wear.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

PR-63BN proof- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent. The color is brown.

 

Sources:

The Red Book


See also:

1910 Indian Head Half Eagle
1908 Indian Head Half Eagle