Compare the best online dealer prices when shopping for $5 Indian Head Half Eagle coins.
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This gold coin contains 0.24 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one $5 Indian Head Half Eagle is $479.66 based on today's gold spot price.
$5 Half Eagle Incuse Indian Design
Prior to the widescale gold seizure in 1933, gold coins were the foundation of our economy. After he was elected in 1904, Teddy Roosevelt began to advocate to replace the design of the circulating gold coins.
The incuse indian design was minted from 1908 to 1916 with a legal tender face value of $5 USD. In 1929, the mint produced another batch of this coin for circulation. Each $5 half eagle coin is minted with 0.2419 troy ounces of gold.
Pre-1933 Gold Coins, such as the $5 Indian Head are minted in 90% gold to provide durability during circulation.
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