$5 Indian Gold Coins | Gainesville Coins | Gainesville Coins®
No Minimum order! We accept Pay with Credit Card
Call Us: (813) 482-9300 Mon-Fri 9:00AM-6:00PM EST
Login or Register
Log into your account
About Gainesville Coins ®
Billions Of Dollars Bought And Sold A+ BBB Rating 10+ Years No Hidden Fees Or Commissions All Inventory Ships Directly From Our Vault
$5 Indian Gold Half Eagle (CU) - Random Date $5 Indian Gold Half Eagle (CU) - Random Date
R37
As Low As: $425.00
Qty Check / Wire Credit Card
1+ $425.00 $439.88
0.0
$5 Indian Gold Half Eagle (About Uncirculated) - Random Date $5 Indian Gold Half Eagle (About Uncirculated) - Random Da...
R36
As Low As: $420.00
Qty Check / Wire Credit Card
1+ $420.00 $434.70
0.0
$5 Indian Gold Half Eagle (Extra Fine) - Random Date $5 Indian Gold Half Eagle (Extra Fine) - Random Date
R35
As Low As: $410.00
Qty Check / Wire Credit Card
1+ $410.00 $424.35
0.0
$5 Indian Gold Half Eagle (Very Fine) - Random Date $5 Indian Gold Half Eagle (Very Fine) - Random Date
R34
As Low As: $405.00
Qty Check / Wire Credit Card
1+ $405.00 $419.18
0.0

$5 Indian Gold Coins (Non Certified)

The $5 Indian Gold Half Eagle was only produced between 1908 and 1929, and none were minted between the years 1917 and 1928. This makes it one of the shortest-lived U.S. coin series in the country's history. At the same time, this makes the task of assembling a complete collection of $5 Indian Gold coins less difficult for collectors.

It also used an unusual design that was shunned by the public at the time it was introduced. This had the ironic consequence of making the coin highly collectible today because so few of them were properly preserved in the early 1900s.

Like all other gold half eagles minted by the United States, each of these coins contains .24187 troy ounce of pure gold, which was slightly more than the most popular gold coin at the time, the British Gold Sovereign. Each Indian Head half eagle carried a face value of 5 Dollars and is struck from an alloy of 90% gold and 10% copper.

Why didn't people like the $5 Gold Indian coin? The designer, Bela Lyon Pratt, had the innovative vision to create a coin design that used an engraving technique that has never been used on a U.S. coin before or since. It's known as incuse.

With an incuse design, the features of the image on the coin are sunken into the field as opposed to raised above the surface, as is done with a normal bas-relief design more commonly seen. The effect is certainly interesting, especially considering Pratt's approach is unique within the long history of American numismatics.

Many prominent coin collectors of the time did not give particularly good reviews to the new Indian Head design for the half eagle. However, the lack of interest in the coin came more so from the general public. They (mistakenly, it turns out) feared that the sunken lines that create the image on the coin would accumulate germs and cause a public health crisis if they were widely used. Such paranoia was unfounded, but this was a time period before germ theory was well-understood by most laypeople.

There's no doubt that Bela Lyon Pratt created one of the most innovative designs ever to grace a U.S. coin when his Indian Head motif was used for both the $2.5 and $5 denominations beginning in 1908. The $5 Indian Half Eagle was not simply a new design. Incuse was actually a new type of design entirely that broke with convention.

In the time since this unique coin stopped being produced, the $5 Gold Indian design has found a resurgence of interest among contemporary coin collectors. Its unique engraving style has come to be appreciated for its artist merit and experimentation. Meanwhile, the relative scarcity of high-grade examples have made these coins much more desirable.

 

Payment Method

You have three options for payment methods when ordering online from Gainesville Coins.

  • You can pay with credit card: Visa, MasterCard, Discover, and now American Express are accepted.
  • You can pay with a check, cashier's check, or money order.
  • You can also pay by bank wire.

All checks must clear a hold period of 10 business days before your order will ship.

Bank wire payments require a 5% (10% for International) authorization hold on your credit card. (This isn't a charge and will be voided once your wire for the full amount is received.) Check with your bank for assistance with our bank wire instructions.

Orders paid with by credit card must ship to the address associated with the credit card account to help protect our customers from fraud. International credit cards are not accepted.

Have more question about payment method? Click Here
This site uses cookies for analytics and to deliver personalized content. By continuing to browse our site, you agree that you have read and understand our Privacy Policy.