This gold coin contains 0.242 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one $5 Indian Half Eagle Gold Coin (AU) is $640.08 based on today's gold spot price.
Design and Specifications
The $5 Indian Half Eagle is a gold coin produced by the United States Mint from 1908 to 1929. It features an incuse design, which is unique among American coins.
- Designer: Bela Lyon Pratt
- Composition: 90% gold, 10% copper
- Weight: 8.359 grams
- Diameter: 21.6 mm
Mint Marks and Varieties
Various mint marks distinguish these coins, indicating the mint of origin. The mint mark is located on the reverse, to the left of the arrowhead in the eagle's talon.
- No Mint Mark: Philadelphia Mint
- D: Denver Mint
- S: San Francisco Mint
Various Grades and Values
Condition |
Value (USD) |
Good (G) |
$400 |
Fine (F) |
$500 |
Extremely Fine (EF) |
$600 |
About Uncirculated (AU) |
$700 |
Brilliant Uncirculated (BU) |
$800 |
Coins in "Good" condition exhibit significant wear, with major features visible but faint. "Fine" coins show moderate wear with more detail. "Extremely Fine" coins have light wear on the highest points. "About Uncirculated" coins display minimal wear, mainly on the eagle's feathers. "Brilliant Uncirculated" coins have no wear, retaining full mint luster.
Collectible Varieties
- 1909-O: $5,000 to $30,000
- 1929: $10,000 to $50,000
The 1909-O is the only half eagle minted in New Orleans and is highly sought after due to its low mintage. The 1929 issue is rare because it was the last year of production before the Great Depression halted gold coinage.
Error Coins
- Double Die Obverse: $2,000 to $10,000
- Off-Center Strikes: $1,500 to $8,000
Double die obverse coins exhibit a noticeable doubling of the date or other features on the obverse. Off-center strikes are coins that are not properly aligned during the minting process, resulting in a portion of the design missing.
Melt Value
The melt value of a $5 Indian Half Eagle is calculated based on its gold content. With a composition of 90% gold and a total weight of 8.359 grams, the coin contains approximately 7.523 grams of pure gold. To determine the melt value, multiply the gold content by the current market price of gold per gram. This calculation provides a baseline value for the coin based solely on its metal content, irrespective of its numismatic value.
$5 Indian Half Eagle AU Auctions
Additional $5 Indian Half Eagle About Uncirculated Specifications