1908 $5 Indian MS64 Certification #60065377, PCGS #8510

Owner's Comments

Great strike and full details.

Expert Comments

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.
PCGS #
8510
Designer
Bela Lyon Pratt
Edge
Reeded
Diameter
21.60 millimeters
Weight
8.36 grams
Mintage
577845
Metal
90% Gold, 10% Copper
Pop Higher
385
Pop Lower
7628
Region
The United States of America
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades
65 or Better 26666 R-2.7 19 / 24 TIE 19 / 24 TIE
All Grades 17500 R-2.8 20 / 24 20 / 24
60 or Better 500 R-6.0 24 / 24 24 / 24
65 or Better 26666
All Grades 17500
60 or Better 500
65 or Better R-2.7
All Grades R-2.8
60 or Better R-6.0
65 or Better 19 / 24 TIE
All Grades 20 / 24
60 or Better 24 / 24
65 or Better 19 / 24 TIE
All Grades 20 / 24
60 or Better 24 / 24

Condition Census Learn More

Pos Grade Thumbnail Pedigree and History
1 MS67+ PCGS grade MS67+ PCGS grade

D.L. Hansen Collection

2 MS67 PCGS grade 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
MS67+ PCGS grade #1 MS67+ PCGS grade

D.L. Hansen Collection

MS67 PCGS grade #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