- Date: The 1909-D is the first year that the Indian Five Dollar Gold Coin was minted. It is one of the lowest mintage years, with only 274,000 coins produced. This makes it more valuable than later years.
- Mint mark: The "D" mint mark indicates that the coin was minted in the Denver Mint. Denver Mint coins are generally more valuable than those minted in the Philadelphia Mint.
- Condition: The condition of the coin is a very important factor in determining its value. Coins that are in uncirculated condition (meaning they have never been circulated in commerce) are more valuable than those that have been circulated.
- Grade: Coins are graded on a scale of 1 to 70, with 1 being the lowest and 70 being the highest. The grade is determined by factors such as the coin's appearance, luster, and strike. Higher grades are more valuable than lower grades.
- Eye appeal: This refers to the overall aesthetic appeal of the coin. Coins that are attractive and have a good strike are more valuable than those that are not.
The value of a 1909-D Indian Five Dollar Gold Coin can vary widely depending on these factors. Uncirculated coins in high grades can be worth several thousand dollars, while circulated coins in lower grades may be worth only a few hundred dollars.
As an example, in a recent auction, a 1909-D Indian Five Dollar Gold Coin in Uncirculated Mint State-62 condition sold for $11,000.