Unless you are a specialist in the series, it is surprising to learn just how scarce this date really is. Despite its relatively high mintage figure of 121,540, the 1909-D Indian Gold Eagle is a tough coin in any grade above MS63 and many experts regard it as one of the most undervalued Indian Head Eagles.

1909-D Indian Gold Eagle: Strike Quality, Luster, and Rarity

The 1909-D comes sharply struck in most respects but the eagle’s feathers are typically less well defined than in the other Denver Mint issues.

Luster is most often only average or just slightly better than average atop frosty, finely granular surfaces. Highly lustrous 1909-D Eagles are very uncommon but do exist. Some satiny examples are known but these are not often encountered.