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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4279

Estimate: 1 USD
Price realized: 13 000 USD
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Indian Half Eagles
1909-O $5 AU55 PCGS. Variety 1. Both the most plentiful and one of the rarest dates in the Indian half eagle series were both struck in 1909. The Denver issue exceeded 3.4 million coins, the highest mintage in the series by a margin of more than 2 million pieces. The New Orleans issue was struck to the extent of only 34,200 examples, the lowest mintage of the series. This is perhaps the most vivid depiction of a gradual process that began a few years earlier in which the Denver Mint replaced the New Orleans Mint as the supplier of federal coinage to the central and Southern states.
The 1909-O half eagle was the final gold issue struck at the historic Louisiana branch mint. The issue actually circulated, and the small mintage quickly began to disappear to attrition. In Mint State, the 1909-O is the rarest date in the Indian half eagle series, and high-end AU coins are in high demand as a result. This Choice About Uncirculated example displays a bold strike and only slight high-point wear, with the mintmark clear. Satiny straw-gold patina blankets each side.

HID02901242017
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