When President Franklin D. Roosevelt ordered the collection of all gold coins in circulation beginning in 1933, he created a rare class of coins, the likes of which American history had never seen. Today, surviving coins are highly sought after for their beauty and design, as much as their extreme rarity. Right now, you can obtain a $5 Indian Gold Half Eagle from Silver.com.
- Ships in a protective plastic case.
- Consists of .2419 ounces of .900 pure gold.
- Struck by the US Mint with a face value of $5 (USD).
- Available in this listing with a Mint State 65 grade.
- Designed by Bela Lyon Pratt.
The United States rarely produced its circulation currency using gold between 1794 and the 1830s. Early coins were struck with more abundant, wear-resistant precious metals. However, the discovery of gold in the Carolinas and Georgia during the 1830s, and the subsequent California Gold Rush, flooded the Treasury with gold reserves.
Following this influx of gold, the first coin series to be produced by the United States Mint utilizing these new gold resources included the $5 Gold Coins. The original design featured Lady Liberty and ran from 1839 to 1908. In that same year, the newly designed $5 Indian Gold Half Eagle debuted.
On the obverse side of the coin was the incuse design of a Native American chieftain. This unique design featured a recessed design set, unlike other coins that had engraved, raised design features. The reverse side of the coin featured the image of a bald eagle resting on a quiver of arrows.
Each of the coins available in this product listing is in Mint State 65 condition. This grade indicates a coin with a high quality luster for its date and mint. You may notice a few small, scattered contact marks, or two larger marks or blemishes. There may also be patches of hairlines evident on the coin’s surface.
These coins were struck at a variety of US Mint facilities between 1908 and the end of the series in 1929. Among the active mints that contributed to production were the Philadelphia and San Francisco Mint.
If you have questions for a Silver.com associate, please reach out to us at 888-989-7223. We’re also available online via our live web chat and email services. If you are interested in similar products, please be sure to check out the Pre-1933 Gold Coins page of Silver.com.