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Gem Condition Rarity – The 1909-D in MS65 stands among the finest of the Indian Half Eagle series.
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Unique Design – Features Bela Lyon Pratt’s incuse engraving, recessed directly into the coin’s surface.
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Low Availability – Very few examples survive in this elite grade, NGC Population of 107 coins in this grade with 6 graded higher.
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Investment Potential – A classic piece of rare U.S. gold with enduring collector appeal.
The 1909-D $5 Indian Gold Half Eagle represents one of the most iconic and desirable U.S. gold issues of the early 20th century. Struck at the Denver Mint, this coin showcases Bela Lyon Pratt’s groundbreaking incuse design — where the details are sunken below the coin’s surface rather than raised, creating a bold and distinctive look unlike any other U.S. coinage.
Graded MS65 Gem by NGC, this example displays exceptional luster, sharp details, and minimal marks — placing it among the top survivors of its kind. With limited high-grade populations and strong collector demand, the 1909-D remains a cornerstone for those seeking both historical significance and long-term investment potential in American numismatics.
