1909 Indian Head Eagle Value

A 1909 Indian Head Eagle is worth roughly $1,653 to $16,206 depending on its condition, with a hard melt-value floor of $1,621 as of 2026-06-01 Certified examples in top grades can run far higher.

Public domain image (struck or printed before 1926). Click to enlarge.

1909 Indian Head Eagle value by grade

1909 Indian Head Eagle value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$1,620.56
Good (G-4)$1,653 to $2,188
Very Good (VG-8)$1,653 to $2,269
Fine (F-12)$1,653 to $2,390
Very Fine (VF-20)$1,763 to $2,593
Extremely Fine (XF-40)$1,997 to $2,937
About Uncirculated (AU-50)$2,411 to $3,545
Mint State (MS-60)$3,030 to $4,457
Choice Unc (MS-63)$4,132 to $6,077
Gem Unc (MS-65)$11,020 to $16,206

Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.

How much is a 1909 Indian Head Eagle worth today?

Start with $1,653 for a heavily circulated 1909 Indian Head Eagle and work upward. Lightly circulated 1909 examples occupy the middle of the range, while true gems approach $16,206. If your coin has no wear on the high points, it deserves a closer look or a professional opinion.

1909 Indian Head Eagle specifications

Series
Indian Head Eagle
Year
1909
Mint mark
None (Philadelphia)
Mintage
Not recorded
Composition
90% gold, 10% copper
Weight
16.718 g
Diameter
27 mm
Edge
46 or 48 raised stars
Designer
Augustus Saint-Gaudens
Gold content
0.48375 troy oz

Why this coin has no mint mark

The 1909 Indian Head Eagle was struck at the Philadelphia Mint, which used no mint mark in this era. If you find no letter where branch-mint coins carry one (On the reverse, left of the arrow points below the eagle), you are holding a Philadelphia issue.

Why the 1909 Indian Head Eagle is worth money

Each 1909 Indian Head Eagle holds 0.4838 troy ounces of gold, worth $1,621 at current spot prices. Gold content dominates the value of common dates and underwrites every numismatic premium above it.

Documented examples of the 1909 Indian Head Eagle in our reference database anchor what we know about this issue. Mintage records are incomplete, so collector demand and surviving population drive its market.

Few series carry the following that supports the 1909 Indian Head Eagle. With nearly half an ounce of gold, every Indian eagle has a firm bullion floor beneath its considerable artistry. A coin that thousands of collectors are actively assembling into sets never lacks for a market.

1909 Indian Head Eagle inscriptions & design

Obverse

************* (date)

Liberty head, indian headdress l.

Reverse

UNITED STATES OF AMERICA / TEN DOLLARS /

eagle standing. on fasces l., E Pluribus Unum r., motto l.

Measured 1909 Indian Head Eagle specimens

1 physically measured 1909 Indian Head Eagle example in our reference database. Real measured weights and die axes let you authenticate a coin against the 16.718 g, 27 mm minting standard.

Measured 1909 Indian Head Eagle specimens
SpecimenWeightDiameterDie axisReferences
1909 Indian Head Eagle #116.721 g22 mm-Friedberg.USA.166, Breen.7105

Specifications compiled from documented museum specimens. See our data & methodology page.

Summary: the 1909 Indian Head Eagle is valued between $1,653 and $16,206 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.