Estimated grade. Sold by David Akers Numismatics May '98 Price realized $330
David Akers (1975/88): The 1909-D is one of the most underrated issues of the series, and it is actually one of the rarest in an absolute sense. Even in MS-60 this issue is very rare and in MS-63 or MS-64 condition, it can be located only with great difficulty. I have seen approximately eight to 10 true gems, with the possibly the finest being the two MS-65+ specimens that are now in my personal collection, although the example owned by a prominent Eastern collector and the lustrous Norweb specimen are essentially their equal. The Eliasberg coin now owned by Dr. Steven Duckor is another gem as is a piece I purchased in 1986 from dealer Jay Miller and sold to Dr. Thaine Price.
The 1909-D is nearly always sharply struck and is usually frosty with very finely granular surfaces, although some specimens are quite satiny. The color is typically light orange or coppery with highlights of greenish gold. The lustre is generally only average or slightly below average for the series; one rarely sees a radiantly lustrous 1909-D, or even one with as much lustre as a typical 1908-D With Motto, although a few (cf. the Norweb specimen) do have excellent lustre.
Dr. Thaine Price - David Akers 5/1998:49, $71,500 - Heritage 1/1999:8290, unsold - Phillip H. Morse Collection - Heritage 11/2005:6505 (as PCGS 06554667), $138,000 - subsequently graded PCGS MS67 06666116 - Simpson Collection