Lot 1197
1909-S. MS-65 Red. CAC Approved. A beautiful untoned example with pastel golden luster. Housed in an Old Green Holder. An eye-popping gorgeous specimen of the last year of the Indian cent series. The 1909-S is one of the lower mintage issues of the type. Well struck and of a pleasing appearance. Pieces that are toned red and brown may sometimes show a woodgrain effect, while full red specimens like the present Log create an aspect highly desirable to collectors.
It is an elegant situation to have a 1909-S Indian to represent this design type, what with a mintage of only 309,000 pieces, when something more pedestrian might have been selected instead. Accordingly, the present piece will probably appeal more to the Indian cent specialist, who will recognize this as a particularly superior example.
The 1909-S registered the lowest recorded mintage of any issue in the Indian cent series, a fraction of that of 1877. However, by 1909 there was a fair numismatic awareness and more pieces were salted away, so today a Mint State 1909-S is not as rare as certain earlier issues. That being said, Gem pieces that haven't been dipped or cleaned are indeed elusive in full mint red. Pop 141; 16 finer, 15 in 66, 1 in 67. (PCGS # 2240) Estimated Value $4,500 - 5,000
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| Realized $5,175 |
