The 1909 Indian Head half eagles have value as numismatic coins. Keep reading to learn more about these gold coins.
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: $1,226.47
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 $1,226.47. This melt value is calculated from the current gold spot price of $5,070.77 per ounce.
The 1909 Indian Head half eagle with no mint mark is worth around $750 in extremely fine condition. In uncirculated condition the price is around $800 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,900.
The 1909 D Indian Head half eagle is worth around $750 in extremely fine condition. In uncirculated condition the price is around $800 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,150.
The 1909 O Indian Head half eagle is worth around $7,750 in extremely fine condition. In uncirculated condition the price is around $23,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $84,000.
The 1909 S Indian Head half eagle is worth around $775 in extremely fine condition. In uncirculated condition the price is around $4,100 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 $21,500 in PR 63 condition. There were 78 proof coins minted.
Grading System
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 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
The Red Book
See also: