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Indian Gold Half Eagle $5 1908-1929 MS [Type]

Greysheet & CPG® Values
Melt Value (Gold): 0.2419 oz +0.03%
$978.37
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The Indian Half Eagle was first released in 1908 along with a Quarter Eagle denomination as well. What makes these coins very unique in American numismatics is how the fields of the coin are raised higher than the rest of the coin’s design. This decision was not well received way back when they came out and even today they are beloved but most collectors find grading them a near impossibility. Aside from a couple of rare dates this a fantastic series to collect as a full set is attainable for most advanced enthusiasts. Look for lower end Mint State examples for type sets as mostly all Indian Half Eagles can be considered condition rarities in gem grades.

One of the more exciting issues is the 1909-O Half Eagle which is a very rare key date and draws excitement from around the entire numismatic industry. Following the 1909 production that mint was then closed down forever. That leaves the 1929 Half Eagle which is simply just a full on rarity with just maybe a few hundred surviving today making ownership of this final year of issue a prestigious honor. The cause of this tiny survival population was melting as this was right around the time all American gold coinage was being pulled from circulation. This unique design came around out of boredom since gold coinage prior to this change had looked basically the same for about six decades.

This series designed by Bela Lyon Pratt held strong at multiple mints from 1908 through 1916 until it was laid to rest until one last issue in 1929. No American coin is more difficult to grade since the devices can be pristine but if there is wear on in the fields the value and grade drops quickly. It does create a fine opportunity though for those who develop a keen eye for these coins as they automatically catapult themselves to the forefront of this numismatic sector. More on the unique design is how this coin was the first depiction of American Indians to appear as they actually looked. The even more famous and collectible Indian Head Cents just displayed lady liberty dressed as a native woman.

Just as much as any coin especially gold ones these coins are heavily counterfeited and altered in which you must be very careful buying them raw. Lookout for added mintmarks and pay close attention on the Indian’s neck between the hair and feathers. Any odd depressions or markings in this area is a tell-tale sign.

Obverse Description

The obverse bears the portrait of a Native American chieftain in formal headdress struck incuse with the words LIBERTY at the top and the date at the bottom. 13 stars frame the left and right sides: 6 at left and 7 on the right.

Reverse Description

The traditional American eagle struck incuse in the center with the words, UNITED STATES OF AMERICA at top, E PLURIBUS UNUM left of the eagle, and IN GOD WE TRUST to the right of the eagle. The denomination 5 DOLLARS struck below the eagle.

Catalog Information

GSID: 72384
Designer: Bella Lyon Pratt
Obverse Designer: Bela Lyon Pratt
Obverse Lettering: LIBERTY, [Date]
Reverse Designer: Beyla Lyon Pratt
Reverse Lettering: UNITED STATES OF AMERICA, E PLURIBUS UNUM, IN GOD WE TRUST, FIVE DOLLARS
Fineness: 0.9
Weight (gr): 8.359 gr
Weight (oz): 0.2688 oz
Precious Metal Weight: 0.2419 oz
Strike Type: Business
Diameter: 21.6
Coin Shape: Round
Edge: Reeded
Variety: 1908-1929
Coin Date: Indian Gold Half Eagle
Denomination: $5
Designation: MS
Coinage Type: Five Dollar Gold Half Eagle
Coinage Years: 1908-1929
Composition: 90% gold; 10% copper
PCGS #: 8509
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Coin Value History
Indian Gold Half Eagle $5 1908-1929 MS [Type]
Value By Grade
Indian Gold Half Eagle $5 1908-1929 MS [Type]
CPG (retail) values
Value by grade is available to subscribers. Subscribe to View

Values

Greysheet & CPG® Values
Melt Value (Gold): 0.2419 oz +0.03%
$978.37
GSID:72384 PCGS:8509 Shop related

Values

Greysheet & CPG® Values
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS68 CAC $266,500 $1,234
MS68 - $222,000 $1,234
MS67 CAC $1,234 $1,234
MS67 - $1,234 $1,234
MS66 CAC $1,234 $1,234
MS66 - $1,234 $1,234
MS65 CAC $1,234 $1,234
MS65 - $1,234 $1,234
MS64 CAC $1,234 $1,234
MS64 - $1,234 $1,234
MS63 CAC $1,234 $1,234
MS63 - $1,234 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234
VF35 CAC $1,234 $1,234
VF35 - $1,234 $1,234
VF30 CAC $1,234 $1,234
VF30 - $1,234 $1,234
VF25 CAC $1,234 $1,234
VF25 - $1,234 $1,234
VF20 CAC $1,234 $1,234
VF20 - $1,234 $1,234
F15 CAC $1,234 $1,234
F15 - $1,234 $1,234
F12 CAC $1,234 $1,234
F12 - $1,234 $1,234
VG10 CAC $1,234 $1,234
VG10 - $1,234 $1,234
VG8 CAC $1,234 $1,234
VG8 - $1,234 $1,234

Related Items

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Auction Prices

Recent public sale records for this item
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1909 $5 MS63 NGC. CDN: $1,500 Whsle. Bid for NGC/PCGS MS63. Mintage 627,138. ...
$1,586
Sold 7/18/2026
Heritage Auctions
1911 $5 MS64 NGC. CDN: $2,500 Whsle. Bid for NGC/PCGS MS64. Mintage 915,000. ...
$2,379
Sold 7/18/2026
Heritage Auctions
1911-S $5 MS62+ CACG. Mintage 1,416,000. ...
$2,928
Sold 7/18/2026
Heritage Auctions
1914-S $5 MS61 NGC. CDN: $2,000 Whsle. Bid for NGC/PCGS MS61. Mintage 263,000. ...
$2,928
Sold 7/18/2026
Heritage Auctions
1911-D $5 AU55 NGC. ...
$2,318
Sold 7/17/2026
Heritage Auctions
1908 $5 MS65 PCGS. ...
$6,710
Sold 7/17/2026
Heritage Auctions
1908-S $5 MS66 PCGS. ...
$25,620
Sold 7/16/2026
Heritage Auctions
1929 $5 AU50 PCGS. ...
$21,350
Sold 7/16/2026
Heritage Auctions
1914-D $5 AU58 PCGS. CDN: $990.06 Whsle. Bid for NGC/PCGS AU58. Mintage 247,000. ...
$1,068
Sold 7/15/2026
Heritage Auctions
1911-S $5 AU53 PCGS. CDN: $1,037.06 Whsle. Bid for NGC/PCGS AU53. Mintage 1,416,000. ...
$1,007
Sold 7/15/2026
Heritage Auctions
1909-O Indian Half Eagle. AU Details--Cleaned (NGC).
$9,760
Sold 6/18/2026
Stack’s Bowers Galleries
1911-D $5 XF40 PCGS. Housed in a Generation 3.1 green label holder. PCGS Population: 44 in 40, 1246 finer (4/26). CDN: $1,...
$1,830
Sold 5/6/2026
Heritage Auctions
1911 $5 MS60 NGC. Housed in a Generation 4 fatty holder. CDN: $1,004.13 Whsle. Bid for NGC/PCGS MS60. Mintage 915,000....
$1,110
Sold 12/3/2025
Heritage Auctions
1911-S Indian Half Eagle. EF-45 (PCGS).
$900
Sold 9/4/2025
Stack’s Bowers Galleries
1908 Indian Half Eagle. MS-67 (NGC).
$40,800
Sold 8/27/2025
Stack’s Bowers Galleries
1910-S Indian Half Eagle. VF-30 (PCGS).
$720
Sold 11/13/2024
Stack’s Bowers Galleries
1914 Indian Half Eagle. VG-10 (NGC).
$600
Sold 6/21/2024
Stack’s Bowers Galleries
1911-S Indian Half Eagle. VF-35 (PCGS). CAC.
$600
Sold 8/11/2023
Stack’s Bowers Galleries
1909 $5 Good 4 PCGS. PCGS Population: (1/7470). NGC Census: (0/7117). Mintage 627,138. ...
$660
Sold 5/18/2022
Heritage Auctions
1914 Indian Half Eagle. VG-8 (PCGS).
$480
Sold 11/13/2020
Stack’s Bowers Galleries
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