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1909-S Indian Cent. MS-66 RD (NGC).


Price $9,250.00


DESCRIPTION
Rare Gem Red 1909-S Indian Cent
Only 1 Finer at NGC

1909-S Indian Cent. MS-66 RD (NGC).
This is an exceptionally well preserved and attractive example of an eagerly sought key date issue. Softly frosted in texture, both sides are bathed in original golden-tan color with deeper bronze toning on the reverse. The strike is sharp overall, and the surfaces are expectably smooth for the assigned grade.
The second mintmarked cent in U.S. coinage history, the 1909-S boasts the lowest mintage in the Indian series with a mere 309,000 pieces produced. These coins were struck in January and February of that year, after which production was halted as the San Francisco Mint prepared to receive the first of the new Lincoln cent dies from Philadelphia. With contemporary numismatic and other interest focused on the new cent design, and especially the controversy surrounding the designer's initials V.D.B., the 1909-S Indian cent was largely overlooked by speculators. Even so, enough Mint State examples were set aside to meet current demand in lower grades. As a premium quality full Red Gem, however, the present example is decidedly rare from a condition standpoint and represents a significant find for the advanced collector. Just a single coin has been graded finer by NGC at MS-66+.

PCGS# 2240.NGC ID: 2298.

NGC Census: 9; 1 finer.

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