$5 Indian Gold Half Eagle

The $5 Indian Gold Half Eagle is one of only two U.S. coin denominations to feature a rare incuse (sunken relief) design, shared only with the $2.50 Quarter Eagle. Designed by Bela Lyon Pratt, this groundbreaking coin was struck between 1908 and 1929 and stands out for its bold artistic direction, strong symbolism, and historical value.

Highlights

• Contains .2419 troy oz of gold (.900 fine)
• Obverse: Native American Liberty in a full feathered headdress, surrounded by 13 stars, with the word "Liberty" above and the date below
• Reverse: A majestic bald eagle with inscriptions "United States of America," "E Pluribus Unum," "In God We Trust," and the denomination "Five Dollars"
• Struck at the following mints: Philadelphia (no mintmark), Denver (D), and San Francisco (S).
• Designed by Bela Lyon Pratt
• Note: Dates and mintmarks vary and are selected at random based on available inventory.

Why Choose This Coin?

Cleaned and ex-jewelry examples of the $5 Indian Half Eagle offer a cost-effective entry point into the historic pre-1933 U.S. gold market. Though not numismatically perfect, these coins still contain authentic gold weight, bold design features, and significant collector value. Whether you're looking to expand your collection or add fractional gold with vintage appeal, this coin delivers history, beauty, and intrinsic value at a more accessible price point.

Historical Significance

Introduced as part of President Theodore Roosevelt's movement to beautify American coinage, the Indian Half Eagle marked a major shift in U.S. coin design. Unlike any other regular-issue U.S. coin at the time, the design was engraved into the surface rather than raised above it—creating a striking, tactile coin that initially faced criticism but is now revered for its artistry. Many of these coins were melted down during the 20th century, particularly during the 1933 Gold Recall, leaving a finite and collectible supply.