1908-D $5 (Regular Strike)

Series: Indian Head $5 1908-1929

PCGS MS65

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PCGS MS65

PCGS #:: 8511

Designer:: Bela Lyon Pratt

Edge:: Reeded

Diameter:: 21.60 millimeters

Weight:: 8.36 grams

Mintage:: 148,000

Mint:: Denver

Metal:: 90% Gold, 10% Copper

Auction Record:: $74,750 • MS65 • 06-01-2006 • Heritage Auctions

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1908-D $5

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	16,000	R-2.8	16 / 24 TIE	16 / 24 TIE
60 or Better	10,500	R-2.9	17 / 24 TIE	17 / 24 TIE
65 or Better	18	R-9.2	11 / 24	11 / 24

Survival Estimate
All Grades	16,000
60 or Better	10,500
65 or Better	18

Numismatic Rarity
All Grades	R-2.8
60 or Better	R-2.9
65 or Better	R-9.2

Relative Rarity By Type All Specs in this Type
All Grades	16 / 24 TIE
60 or Better	17 / 24 TIE
65 or Better	11 / 24

Relative Rarity By Series All Specs in this Series
All Grades	16 / 24 TIE
60 or Better	17 / 24 TIE
65 or Better	11 / 24

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS67 PCGS grade
2	MS65 PCGS grade	Heritage 6/2006:3419, $74,750 - Bob R. Simpson Collection
2	MS65 PCGS grade	Albert Fairchild Holden Collection, acquired directly from the Denver Mint in 1908 - Norweb Collection, Part I - Bowers & Merena 10/1987:975 - American Numismatic Rarities 1/2006:1038 - American Numismatic Rarities 3/2006:1643 - Jim O'Neal Collection of $5 Indians - Heritage 1/2011:5134 - Harbor View Collection - Stack's/Bowers & Sotheby's 10/2015:70, not sold
2	MS65 PCGS grade
2	MS65 PCGS grade
2	MS65 PCGS grade
2	MS65 PCGS grade
2	MS65 PCGS grade
2	MS65 PCGS grade
2	MS65 PCGS grade

#1 MS67 PCGS grade

#2 MS65 PCGS grade

Heritage 6/2006:3419, $74,750 - Bob R. Simpson Collection

#2 MS65 PCGS grade

Albert Fairchild Holden Collection, acquired directly from the Denver Mint in 1908 - Norweb Collection, Part I - Bowers & Merena 10/1987:975 - American Numismatic Rarities 1/2006:1038 - American Numismatic Rarities 3/2006:1643 - Jim O'Neal Collection of $5 Indians - Heritage 1/2011:5134 - Harbor View Collection - Stack's/Bowers & Sotheby's 10/2015:70, not sold

#2 MS65 PCGS grade

David Akers (1975/88): There have been several small hoards of 1908-D half eagles found over the years but virtually all of the pieces these hoards contained were only MS-60 to 63 quality. An exception was the Virgil Brand hoard handled by MTB which contained a small number of MS-64 or better pieces, most of which were minimally marked with very good color. Most of the relatively few choice pieces around today are from the Brand hoard although the Norweb specimen was a borderline gem. I have never seen a 1908-D that was better than MS-65 and not really very many that even reached that level. This issue is grossly underrated in true gem condition.

The 1908-D is typically not nearly as lustrous as the 1908 and 1908-S but, rather, it is almost always subdued, granular and decidedly on the lacklustre side. Color is generally quite good, however, with many, if not most, Mint State specimens having a rather appealing orange and greenish gold color. Like all the Denver Mint issues of this type, the 1908-D is invariably well struck with a clearly defined, if not particularly bold, mintmark.