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$5 Indian Head Gold Coins

$5 Indian Head gold coins are a beautiful our favorite gold coins here at GASO. The reason we love them is for their revolutionary design for the time period. Augustus Saint Gaudens was originally commissioned to design the entire four coin series but passed away due to cancer in 1908, therefore Bela Lyon Pratt, his apprentice, was commissioned to finish out the series.

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What is so special about the $5 Indians is their incuse design. This means that instead of the high points on the coin being the features, the high points are the flat parts of the coin giving it a sunken look. The coin almost looks like it has been engraved. This design scared the people of the U.S. away from using them initially feeling as though these coins were more prone to carry disease. This was later concluded to be untrue.

The five dollar Indian Head contains almost a full quarter ounce of pure gold (.2419oz.).  The obverse features an authentic Indian Chief donning a full-feathered headdress. This coin was the first time an actual Native American was used as a model for a coin rather than a female. So two revolutionary ideas garnered by Pratt. The front also contains the 13 stars and date but this time the word liberty was moved from the headdress up to the top of the coin. Also, if you look closely, you can see the initials BLP under the Indian bust.
The reverse of the coin is a take on Saint Gaudens design but with an incuse look. A few of the words are in different places, but United States of America, In God We Trust, E Pluribus Unum and the denomination can be found on the back of coin encircling the bald eagle perched on a bunch of arrows and an olive branch.

The $5 Indian Head was minted from 1908 to 1929, with every year represented from 1908 to 1916.  After WWI they were only minted in 1929.  We currently offer the most common dates in XF, MS61, MS62, MS63 & MS64. If you have any questions about $5 Indians give us a call and we will be happy to assist you.

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