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: $634.52
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 $634.52. This melt value is calculated from the current gold spot price of $2,623.39 per ounce.
The 1909 Indian Head half eagle with no mint mark is worth around $675 in very fine condition. In extremely fine condition the value is around $725. In uncirculated condition the price is around $825 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $2,000.
The 1909 D Indian Head half eagle is worth around $675 in very fine condition. In extremely fine condition the value is around $725. In uncirculated condition the price is around $825 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 $7,750. In uncirculated condition the price is around $25,500 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 $675 in very fine condition. In extremely fine condition the value is around $725. In uncirculated condition the price is around $3,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $13,500.
Proof coins with no mint mark are available. These coins have a matte finish. They are each valued at around $20,000 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: