History quiz

What is a 5 gold coin from 1909 worth?

1909 $5 Saint-Gaudens Gold Piece

Current USAGOLD Value: $4891.18

The 1909 Saint-Gaudens gold piece is one of the most popular and sought-after modern U.S. gold coins. It is highly valued by collectors and investors for its unique design, impressive composition, and historical significance. Here's more information about its current value:

Gold Content and Weight:

The 1909 $5 Saint-Gaudens gold coin contains 0.24187 Troy ounces of fine gold. It weighs 8.359 grams, of which 90% is pure gold, while the remaining 10% consists of copper alloyed to enhance its durability.

Design and Artistry:

The 1909 $5 Saint-Gaudens gold piece is a masterpiece of numismatic art. Designed by renowned sculptor Augustus Saint-Gaudens, it features an exquisite rendition of Lady Liberty striding forward, holding a torch and an olive branch. The reverse depicts an American bald eagle perched on a rocky crag, a symbol of strength and freedom.

Limited Mintage and Rarity:

The 1909 $5 Saint-Gaudens gold coin had a relatively limited mintage of 2,345,545 pieces. This makes it a scarce coin compared to other $5 gold coins of the era. Its limited availability contributes to its value and desirability among collectors.

Market Value:

The current USAGOLD value of a 1909 $5 Saint-Gaudens gold piece in Very Fine condition is approximately $4891.18. However, the actual value of the coin can fluctuate depending on its specific condition, rarity, and overall market conditions.

Factors Influencing Value:

Several factors influence the value of a 1909 $5 Saint-Gaudens gold coin:

Condition: The condition of the coin is crucial in determining its value. Coins in higher grades, such as Mint State or Near Mint State, are more valuable than those in circulated or worn conditions.

Certification: Coins that have been certified by reputable grading services like the Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Service (PCGS) add value and authenticity to the coin.

Rarity: Some 1909 $5 Saint-Gaudens gold coins may have unique characteristics or mint errors, making them rarer and more valuable. These variations can increase their appeal and desirability among advanced collectors.

Overall, the 1909 $5 Saint-Gaudens gold coin holds significant value not only as a valuable asset but also as a beautiful piece of art and a historical relic. Its limited mintage, iconic design, and gold content make it a highly prized possession for numismatists and precious metal enthusiasts.