PCGS: The Standard for the Rare Coin Industry

1909-D $10 (Regular Strike)

Series: Indian Head $10 1907-1933

PCGS MS67

PCGS MS67

PCGS MS66

PCGS MS66

PCGS MS66

PCGS MS66

PCGS #:
8863
Designer:
Augustus Saint Gaudens
Edge:
Raised Stars
Diameter:
26.80 millimeters
Weight:
16.70 grams
Mintage:
121,540
Metal:
90% Gold, 10% Copper
Major Varieties

HideShow Plus+ Grades
Hide eBay

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 4,125 R-4.1 14 / 27 TIE 18 / 32 TIE
60 or Better 2,000 R-4.6 15 / 27 19 / 32
65 or Better 22 R-9.0 8 / 27 TIE 8 / 32 TIE
Survival Estimate
All Grades 4,125
60 or Better 2,000
65 or Better 22
Numismatic Rarity
All Grades R-4.1
60 or Better R-4.6
65 or Better R-9.0
Relative Rarity By Type All Specs in this Type
All Grades 14 / 27 TIE
60 or Better 15 / 27
65 or Better 8 / 27 TIE
Relative Rarity By Series All Specs in this Series
All Grades 18 / 32 TIE
60 or Better 19 / 32
65 or Better 8 / 32 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS67 PCGS grade

Dr. Thaine Price - David Akers 5/1998:49, $71,500 - Heritage 1/1999:8290, unsold - Phillip H. Morse Collection - Heritage 11/2005:6505, $138,000 - Bob R. Simpson Collection

1 MS67 PCGS grade
3 MS66 PCGS grade MS66 PCGS grade

Kutasi Collection - Heritage 1/2007:3168, $48,875

3 MS66 PCGS grade
3 MS66 PCGS grade
3 MS66 PCGS grade

Dr. and Mrs. Steven Duckor - Heritage 2/2007:4820, $51,750

7 MS66 estimated grade

Albert F. Holden, who obtained the coin directly from the Denver Mint in 1909 - Norweb Collection - Bowers & Merena 3/1988:2307 - Bentley Shores Collection - Stack’s/Bowers 8/2013:4540, $105,750

8 MS65 PCGS grade
8 MS65 PCGS grade
8 MS65 PCGS grade
#1 MS67 PCGS grade

Dr. Thaine Price - David Akers 5/1998:49, $71,500 - Heritage 1/1999:8290, unsold - Phillip H. Morse Collection - Heritage 11/2005:6505, $138,000 - Bob R. Simpson Collection

#1 MS67 PCGS grade
MS66 PCGS grade #3 MS66 PCGS grade

Kutasi Collection - Heritage 1/2007:3168, $48,875

#3 MS66 PCGS grade
#3 MS66 PCGS grade
#3 MS66 PCGS grade

Dr. and Mrs. Steven Duckor - Heritage 2/2007:4820, $51,750

#7 MS66 estimated grade

Albert F. Holden, who obtained the coin directly from the Denver Mint in 1909 - Norweb Collection - Bowers & Merena 3/1988:2307 - Bentley Shores Collection - Stack’s/Bowers 8/2013:4540, $105,750

#8 MS65 PCGS grade
#8 MS65 PCGS grade
#8 MS65 PCGS grade
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.
Ron Guth:

The 1909-D $10 Indian is only semi-scarce but it is quite difficult to locate a Gem example without breaking the bank. The number of Gems known to Akers reflects what is known today -- that only a handful of coins qualify at the MS66 and better levels. Akers enumerated several pieces in his earlier write-ups, and all of those had withstood the test of time. He mentioned two MS65+ examples in his personal collection, and we're not sure what happened to them, but we can expect them to be extraordinary considering his accurate (if not conservative) grading. In top grades, the 1909-D has proven to be a six-figure coin -- an acknowledgement of the extreme popularity of this series.