1908 $5 Indian, PCGS MS65

Gold Indians are always beautiful, and this lovely gem 1908 $5 Indian is no exception.  This 1908 specimen marks the first appearance of the Indian, and the new design was struck in Philadelphia (577,845 minted), Denver (148,000), and San Francisco (82,000).

Unique because of the incuise design (the field is the highest part with the design and devices cut into the coin rather than raised above the surface), luster was often the first thing to go on these coins as the fields took the brunt of any damage and blemishes and scratches abound.

This is one of 300 in MS65 by either PCGS or NGC, there are only 34 in MS66, 6 in MS67, and 1 in MS68.  Valued around $11,750.

 

 

 

 

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