Design and Specifications
The $5 Indian Half Eagle gold coin, designed by Bela Lyon Pratt, features a distinctive incuse design with a Native American chief on the obverse and an eagle on the reverse.
- Composition: 90% gold, 10% copper
- Diameter: 21.6 mm
- Weight: 8.359 grams
- Edge: Reeded
Mint Marks and Varieties
The $5 Indian Half Eagle was minted at several U.S. Mint locations, each identifiable by a mint mark on the reverse side of the coin, below the eagle.
- No mint mark: Philadelphia Mint
- 'D': Denver Mint
- 'S': San Francisco Mint
- 'O': New Orleans Mint (only 1909 issue)
Various Grades and Values
Condition |
Value |
Good (G) |
$400 - $500 |
Fine (F) |
$500 - $600 |
Extremely Fine (XF) |
$700 - $900 |
About Uncirculated (AU) |
$900 - $1,200 |
Brilliant Uncirculated (Mint State) |
$1,200 - $3,000+ |
Coins in Good condition show significant wear, with major details worn flat. Fine condition coins retain some detail but with moderate wear. Extremely Fine coins have minor wear on the highest points, while About Uncirculated coins exhibit only slight traces of wear. Brilliant Uncirculated coins have no wear and exhibit full mint luster.
Collectible Varieties
- 1909-O: $3,000 - $10,000+
The 1909-O is the only $5 Indian Half Eagle minted in New Orleans, making it particularly sought after by collectors. Its low mintage adds to its rarity and desirability.
- 1929: $5,000 - $20,000+
The 1929 issue is the last year of issue for the series and had a very limited mintage. It is highly prized in higher grades due to its scarcity.
Error Coins
- Double Die Obverse: $2,000 - $7,000+
This error features signs of doubling on the obverse side of the coin, particularly noticeable on the lettering and feathers of the headdress. Such errors are rare and attract significant interest from collectors.
Melt Value
The melt value of the $5 Indian Half Eagle relies on the current market price of gold. The coin's gold content is approximately 0.2419 troy ounces. To calculate the melt value, multiply the gold content by the current gold price per troy ounce. For instance, if gold is valued at $1,800 per troy ounce, the melt value would be approximately $435.42. Keep in mind that the coin's numismatic value often exceeds its melt value, especially for coins in better conditions or with rare mint marks and errors.
$5 Indian Half Eagle XF Auctions
Additional $5 Indian Half Eagle Extra Fine Specifications