1908 $5 Indian (Regular Strike)

Series: Indian Head $5 1908-1929

PCGS MS67+

PCGS MS67+

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PCGS MS67

PCGS MS67

PCGS MS66+

PCGS MS66+

PCGS #:
8510
Designer:
Bela Lyon Pratt
Edge:
Reeded
Diameter:
21.60 millimeters
Weight:
8.36 grams
Mintage:
577,845
Mint:
Philadelphia
Metal:
90% Gold, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 26,666 R-2.7 19 / 24 TIE 19 / 24 TIE
60 or Better 17,500 R-2.8 20 / 24 20 / 24
65 or Better 500 R-6.0 24 / 24 24 / 24
Survival Estimate
All Grades 26,666
60 or Better 17,500
65 or Better 500
Numismatic Rarity
All Grades R-2.7
60 or Better R-2.8
65 or Better R-6.0
Relative Rarity By Type All Specs in this Type
All Grades 19 / 24 TIE
60 or Better 20 / 24
65 or Better 24 / 24
Relative Rarity By Series All Specs in this Series
All Grades 19 / 24 TIE
60 or Better 20 / 24
65 or Better 24 / 24

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS67+ PCGS grade

D.L. Hansen Collection

2 MS67 PCGS grade

Heritage 10/2012:5988, $67,563 - Heritage 1/2015:4305, $51,700

2 MS67 PCGS grade
2 MS67 estimated grade
5 MS66+ PCGS grade MS66+ PCGS grade
5 MS66+ PCGS grade
7 MS66 PCGS grade
7 MS66 PCGS grade MS66 PCGS grade
7 MS66 PCGS grade
7 MS66 PCGS grade
#1 MS67+ PCGS grade

D.L. Hansen Collection

#2 MS67 PCGS grade

Heritage 10/2012:5988, $67,563 - Heritage 1/2015:4305, $51,700

#2 MS67 PCGS grade
#2 MS67 estimated grade
MS66+ PCGS grade #5 MS66+ PCGS grade
#5 MS66+ PCGS grade
#7 MS66 PCGS grade
MS66 PCGS grade #7 MS66 PCGS grade
#7 MS66 PCGS grade
#7 MS66 PCGS grade
Ron Guth:

Don't be fooled by the relatively high mintage of this date -- it is a true condition-rarity in top grades. David Akers' analysis of the 1908 $5 Indian appears to have withstood the test of time, including the rarity of "nearly perfect" examples. His "some" back then translates to "extremely rare" today, as the number of MS67 examples certified by PCGS is exactly two, with none finer. From 1988 to 2012, only one MS67 had been certified by PCGS. NGC reports a single MS68, but that one has yet to appear at auction.

David Akers (1975/88): The 1908 is the second most common issue of the series after the 1909-D and is by far the easiest to locate in gem condition. Finding an MS-63 or lower grade example is quite easy and even MS-64 specimens are encountered with some regularity. In MS-65, the 1908 is very scarce, if not rare, but there always seems to be a few on the market at any given time. Some really superb, nearly perfect examples of this date also exist, probably saved as mementos of the first year of issue.

The typical 1908 is well struck with very good to excellent lustre and satiny rather than frosty surfaces. (There are many specimens of the "soft" frosty type as well, however.) Color varies widely from rich greenish gold to bright yellow gold to orange and greenish gold.