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.
David Akers (1975/88):
The 1909 is one of the rarest Philadelphia Mint issues, surpassed only by the 1933, 1907 Rolled Edge and the 1908 No Motto. Up to the grade of MS-62, specimens are not difficult to locate and even in MS-63 they are encountered fairly often. True gems (MS-65 quality) are another matter altogether and they are very rare. Better than MS-65, this issue is almost nonexistent, although there are a few, and one is more likely to find a superb 1908 No Motto or 1908-S, for example, than a similar quality specimen of the 1909. (There are more gems of the 1909 around there there are gems of those two issues, however.) This is one of the most underrated issues of the series.
The 1909 in Mint State almost always has a beautiful, highly lustrous, satiny finish that is not very different from the Proofs. The strike is invariably sharp and the color is typically a light to medium greenish yellow gold or a rich yellow gold.
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