Description
The $5 Indian Head coin, also known as the Half Eagle, is a significant and celebrated piece in American numismatics. Introduced in 1908 and minted until 1929, this coin was designed by the renowned sculptor Bela Lyon Pratt, bringing a distinct and innovative design to U.S. coinage.
The obverse of the $5 Indian Head coin features a striking profile of a Native American chief, a powerful symbol of America’s indigenous heritage. This design deviates from traditional depictions by being incused, meaning the design is sunken into the surface rather than raised. Encircling the Native American’s profile are 13 stars, representing the original 13 colonies, alongside the inscriptions “LIBERTY” and the minting year.
On the reverse, the coin showcases a majestic eagle perched atop an olive branch and arrows, symbolizing peace and military readiness. Above the eagle’s head is the inscription “UNITED STATES OF AMERICA,” with “E PLURIBUS UNUM” (Out of Many, One) and “IN GOD WE TRUST” flanking the eagle. The denomination “FIVE DOLLARS” is prominently displayed below.
The $5 Indian Head coin is composed of 90% gold and 10% copper, weighing 8.359 grams and containing 0.2419 troy ounces of pure gold. Collectors and investors are drawn to this coin not only for its artistic and historical significance but also for its valuable gold content. The unique incuse design, which was initially controversial, now sets the coin apart as a distinctive and innovative piece of American currency history.
The $5 Indian Head coin is cherished for its relatively short mintage span, which adds to its rarity and desirability. This coin embodies a blend of American artistry, cultural heritage, and enduring value, making it a treasured addition to any collection.
