The $5 Indian Head Half Eagle Gold Coin was designed by Bela Lyon Pratt to replace Christian Gobrecht's Liberty Head design, used since 1839. It went into production in 1908 and was minted continuously until 1916, returning briefly for 1929. Pratt’s Indian Head design (shared with the $2.50 Quarter Eagle) is distinct from the rest of US coinage for employing the incuse style of recessing the details of the coin below the field. Most coins are instead struck in relief, with details raised above the field. Though these common date coins have not been certified by a coin grading service, they are considered to be in generally “XF” (Extremely Fine) condition.
The bust of a Native American man in ceremonial headdress appears on the obverse of the coin. Across the top rim, the obverse legend "LIBERTY" divides thirteen stars that neatly wrap around the bust. The year-date is inscribed beneath the truncation. The reverse features the standing eagle atop a bundle of arrows and an olive branch, facing left. The denomination of "FIVE DOLLARS" is placed along the bottom rim. A very similar reverse design was used for the $10 Indian Head Gold Eagle, except that the two reverse mottos were transposed on the Half Eagle and Quarter Eagle: “E PLURIBUS UNUM” is to the left of the eagle, and “IN GOD WE TRUST” is to the right.
Because the American public did not particularly care for coins in incuse, fewer were kept and collected at the time. Thus, today these coins are beginning to make a comeback within numismatic circles. Like other Pre-1933 American gold coins, the Indian Head Half Eagle is made from 90% pure gold. Its AGW (actual gold weight) is 0.2418 troy oz.
Buy Pre-1933 $5 Indian gold coins at Gainesville Coins and add a unique gold piece to your collection. Coin date varies and is randomly chosen from available inventory.
|Face Value:||5 Dollars|
|Mint:||United States Mint|