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  • Gold
    $1,898.50
    6.00
  • Silver
    $23.72
    0.31
  • Platinum
    $913.30
    3.60
  • Palladium
    $2,336.20
    0.70

About the $5 Indian Gold Half Eagle NGC MS64:

In the US Mint’s 226-year history, only two coins have been struck in incuse format: the $2.50 and $5 Indian gold coins. The $5 Indian experienced limited production runs with smaller mintages. It was struck continuously from 1908 through 1916, but then saw one final spurt in 1929 before being phased out altogether. With less than 10 years of production, this coin is harder to find than other pre-1933 U.S. gold, making it a great piece both for value and collectibility.

Highlights of this Coin:

  • Contains .2418 ounces of .900 gold
  • Has a face value 5$
  • Individual coins ship in protective flips
  • Comes in "MS64" condition
  • Certified by the Numismatic Guaranty Corporation

About the Half Eagle:

In 1907, President Theodore Roosevelt commissioned Augustus Saint-Gaudens (the designer of the $10 Indian and $20 “Saint”) to overhaul the $2.50 and $5 denominations. However, before the famed sculptor could tackle those two coins, he unexpectedly passed away. Roosevelt still demanded that the coins be redesigned in an innovative and creative fashion. Therefore, he assigned the project to Bela Lyon Pratt, one of Saint-Gaudens’ students.

Like his teacher, Pratt wanted his gold coin prototypes to be unique and unlike any other US coin. His incuse design submissions were met with both high praise and intense controversy. Roosevelt adored the designs and approved them immediately, despite fears from the mint over how to actually produce such coins.

The mint’s fears were not unfounded. Once Pratt’s designs were officially approved, the Denver and San Francisco Mints reported major challenges in making the new Indian gold coins. The only solution was to shave or adjust the planchets (blanks) slightly so that the coins would strike properly. Despite the protests, the coin still went into mass-production.

Ultimately, the Indian gold pieces became more popular as collectibles than as units of trade. Banks preferred to use larger denominations for reserves and transfers. A typical financial institution would hold its gold deposits in $10 and $20 coins, not $2.50 and $5 pieces. The Indian $5 may not have been popular in everyday commerce, but it soon became a beloved collectible. They were among the very first to develop substantial numismatic premiums and by the 1970s, they were already trading for double their melt value or more, and today have become a staple of American Gold.

All orders from Monument Metals are guaranteed as described, shipped discretely, and fully insured.

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You're reviewing: $5 Indian Gold Half Eagle NGC MS64 (Random)

$5 Indian Gold Half Eagle NGC MS64 (Random)

Product code: US-USG-$5Indian-N64
In Stock

Free shipping on orders $99 and more.

Gold
$1,895.00
$1,898.50
$6.00
Pricing
Quantity Wire / Check CC / PayPal
1 + $1,847.20 $1,916.47
Best Prices On $5 Indians!
OR
Additional Information
Metal Type Gold
Metal Weight .241875
Grading Service NGC
Date No
Purity No
Country of Manufacture United States
Manufacturer United States Mint

About the $5 Indian Gold Half Eagle NGC MS64:

In the US Mint’s 226-year history, only two coins have been struck in incuse format: the $2.50 and $5 Indian gold coins. The $5 Indian experienced limited production runs with smaller mintages. It was struck continuously from 1908 through 1916, but then saw one final spurt in 1929 before being phased out altogether. With less than 10 years of production, this coin is harder to find than other pre-1933 U.S. gold, making it a great piece both for value and collectibility.

Highlights of this Coin:

  • Contains .2418 ounces of .900 gold
  • Has a face value 5$
  • Individual coins ship in protective flips
  • Comes in "MS64" condition
  • Certified by the Numismatic Guaranty Corporation

About the Half Eagle:

In 1907, President Theodore Roosevelt commissioned Augustus Saint-Gaudens (the designer of the $10 Indian and $20 “Saint”) to overhaul the $2.50 and $5 denominations. However, before the famed sculptor could tackle those two coins, he unexpectedly passed away. Roosevelt still demanded that the coins be redesigned in an innovative and creative fashion. Therefore, he assigned the project to Bela Lyon Pratt, one of Saint-Gaudens’ students.

Like his teacher, Pratt wanted his gold coin prototypes to be unique and unlike any other US coin. His incuse design submissions were met with both high praise and intense controversy. Roosevelt adored the designs and approved them immediately, despite fears from the mint over how to actually produce such coins.

The mint’s fears were not unfounded. Once Pratt’s designs were officially approved, the Denver and San Francisco Mints reported major challenges in making the new Indian gold coins. The only solution was to shave or adjust the planchets (blanks) slightly so that the coins would strike properly. Despite the protests, the coin still went into mass-production.

Ultimately, the Indian gold pieces became more popular as collectibles than as units of trade. Banks preferred to use larger denominations for reserves and transfers. A typical financial institution would hold its gold deposits in $10 and $20 coins, not $2.50 and $5 pieces. The Indian $5 may not have been popular in everyday commerce, but it soon became a beloved collectible. They were among the very first to develop substantial numismatic premiums and by the 1970s, they were already trading for double their melt value or more, and today have become a staple of American Gold.

All orders from Monument Metals are guaranteed as described, shipped discretely, and fully insured.

Write Your Own Review

You're reviewing: $5 Indian Gold Half Eagle NGC MS64 (Random)

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