LUSTRE

Lot 008Coin values

1909-D Indian Head Eagle

DENVER (D) · 90% GOLD, 10% COPPER · 121,540 STRUCK

The answer

Worth about $2,000⁠–⁠$2,450 circulated and $16,750⁠–⁠$23,000 in MS-65.

The 1909-D Indian Head Eagle is a common date from the Denver Mint, with 121,540 pieces struck. In circulated grades (G-4 to EF-40) our estimate is $2,000⁠–⁠$2,450, and a well-preserved MS-65 example is estimated at $16,750⁠–⁠$23,000. Circulated coins of this date trade at or just above the value of their metal, so the live melt value on this page is the best guide to a worn coin.

Indian Head eagle obverse: Liberty in an Indian war bonnet facing left
Obverse
Indian Head eagle reverse: eagle standing on arrows with IN GOD WE TRUST
Reverse
View in 3D, coming soon Type coin shown: 1908 Indian Head eagle with IN GOD WE TRUST (same design 1908 to 1932)

Type coin shown: 1908 Indian Head eagle with IN GOD WE TRUST (same design 1908 to 1932). We do not yet hold a licensed photograph of the 1909-D Indian Head Eagle itself, so this is the nearest dated coin of the same design. The design is the same; the date, mint mark and condition of your coin will differ. Photograph: 1908 Indian Head eagle with motto (design used 1908 to 1933), National Numismatic Collection. Public domain, credit US Mint (coin), National Numismatic Collection (photograph by Jaclyn Nash), via Wikimedia Commons.

Mint
Denver (D)
Composition
90% gold, 10% copper
Mintage
121,540
Weight and size
16.718 g · 26.9 mm
Designer
Augustus Saint-Gaudens
RarityCommon
PlentifulRare

Scarcer than 75% of the 29 issues in the Indian Head series with a recorded mintage. 121,540 struck. Mintage is the number struck, not the number that survive.

Value ladder
Varieties to look for

Weight and size

A genuine coin weighs 16.718 g and measures about 26.9 mm. Gold coins are widely counterfeited; check weight and diameter first.

Mint mark

D and S sit on the reverse to the left of the arrow. Check that the mint mark matches the date.

Strike and surface

Look at the feathers of the war bonnet and the eagle's leg and wing for wear. Bag marks matter on common dates in Mint State.

Questions

About the 1909-D Indian Head

How much is a 1909-D Indian Head Eagle worth?

Lustre's editorial estimate (Oct 2026) is $2,000⁠–⁠$2,450 for circulated examples (G-4 to EF-40) and $16,750⁠–⁠$23,000 in MS-65. These are estimates, not an appraisal or market data. A coin in the grade you hold may sell for less at a dealer, who needs a margin.

Is a 1909-D Indian Head Eagle gold?

Yes. It is 90% gold, 10% copper and weighs 16.718 g, which is 0.4837 troy ounces of pure gold. Its melt value is that weight multiplied by the current gold spot price, shown live on this page. Collector value is usually above melt.

How many 1909-D Indian Head Eagles were minted?

121,540 were struck at the Denver Mint.

Where is the mint mark on a Indian Head Eagle?

On the reverse, to the left of the arrow held by the eagle (1908-D no-motto coins: above the leaves near the eagle's feet). Philadelphia coins have no mint mark.

Is my 1909-D Indian Head Eagle rare?

No. It is a common date. Its value depends mostly on grade, originality and, for gold coins, the melt value.

Neighbouring issues

More Indian Head Eagle values

All 29 Indian Head Eagle issues

Sources and method

Where these numbers come from

Indian Head eagle, Wikipedia: mintage by year and mint, composition, weight (16.718 g), diameter, edge, designer, mint mark position, gold content (0.48375 oz), collecting notes.

Lustre editorial grade-value estimates, Lustre: grade value ranges (estimates, not market data).

gold-api.com spot prices (reference level for estimates), gold-api.com: reference spot prices behind the estimates.

How the estimates are made. Facts reviewed Oct 2026.

Circulated$2,000⁠–⁠$2,450
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