Watch List notes:

USA (San Francisco mint), one cent Indian Head, 1909-S, encapsulated NGC XF 40 BN. KM-90a. In 1909, the final year of production for the Indian Head cent, mintages were split between that design and the new Lincoln cent. At the San Francisco Mint, this meant just 309,000 1909-S Indian Head cents were struck before the changeover, making it the lowest mintage date in the series. An example of its immediate successor, the desirable 1909-S VDB Lincoln cent, is the next lot (#1341). This piece exhibits light circulation, full "LIBERTY" in headband with sharp letters, dark brown toning in fields with light shades around the high points. NGC #4348114-005.
($400-600)