The $5 Half Eagle Indian Head design by Bela Lyon Pratt, was key in the realization of President Theodore Roosevelt’s renaissance of American coinage. This new design was an innovative departure from previous Half Eagles, with an incuse design struck “into” rather than “onto” the planchet, with no raised edges. The obverse features a stoic Indian chief surrounded by 13 small stars and inscription “Liberty” along with the date. The reverse features a proud bald eagle with a cluster of arrows and an olive branch beneath the talons, symbolic of war and peace, with four inscriptions within and around the eagle motif. This new design was not immediately accepted by the public, because of concerns about dirt and germs getting caught in the coin crevasses, spreading disease, which was false. The Gold Indian design, also on the Quarter Eagle, would endure on American coins in the early 20th Century, until the Gold Recall Act by President Franklin Delano Roosevelt (FDR) in 1933. Indian Head Half Eagles were issued annually from 1908 through 1916, when production was suspended for 13 years, resuming for one last hurrah in 1929 before the series ended for good in the face of the Great Depression.

FMV Prices for Rare Coin Price Guide last updated 01/26/2023
$5 IndiansFMV
MS61
FMV
MS62
FMV
MS63
FMV
MS64
FMV
MS65
1908$1,060 $1,130 $2,040 down$3,810 down$11,720
1908 Proof$8,560 $10,840 $16,710 $32,500 $57,580
1908 Ddown$1,040 $1,310 $2,280 $4,060 $30,880
1908 S$7,610 $10,210 $14,240 $15,280 $25,030
1909$1,000 $1,090 $1,940 $3,560 $12,310
1909 Proof$9,060 $11,060 $17,880 $31,880 $60,410
1909 D$860 $900 down$1,300 $2,210 down$11,560
1909 O$36,080 $57,850 $115,050 $182,250 $585,000
1909 S$7,440 $10,690 $15,410 $26,660 $69,230
1910$1,000 $1,090 $2,090 $4,030 $12,060
1910 Proof$9,530 $12,190 $22,430 $29,580 $64,130
1910 D$1,160 $1,590 $3,940 $12,250 $37,380
1910 S$1,970 $4,940 $12,840 $38,480 $84,380
1911$1,000 $1,090 $1,840 $3,940 $18,660
1911 Proof$9,840 $11,060 $17,880 $26,560 $50,630
1911 D$10,400 $18,530 $42,250 $80,330 $371,250
1911 S$1,410 $2,280 $5,920 $19,830 $58,730
1912$1,000 $1,090 down$2,220 $3,840 down$12,190
1912 Proof$9,690 $10,940 $16,580 $27,950 $53,330
1912 S$3,160 $8,220 $20,440 $40,950 $292,500
1913$1,070 down$1,240 $1,940 down$3,810 $12,840
1913 Proof$10,160 $11,440 $17,880 $27,630 $53,330
1913 Sdown$2,530 $6,440 $14,630 $30,230 $130,280
1914$1,150 $1,380 $2,410 $4,060 $17,890
1914 Proof$10,720 $12,190 $19,960 $29,580 $61,760
1914 D$1,060 $1,220 $3,310 down$5,200 $18,560
1914 S$3,060 $5,620 $11,210 $48,430 $168,750
1915$1,040 $1,220 $2,030 $4,280 down$13,980
1915 Proof$12,060 $14,060 $21,130 $32,180 $72,230
$5 IndiansFMV
MS61
FMV
MS62
FMV
MS63
FMV
MS64
FMV
MS65
1915 S$4,590 $9,720 down$17,230 $68,580 $132,980
1916 S$1,840 $3,030 down$6,270 $10,170 $50,630
1929$33,150 down$36,210 down$42,250 $50,640 $117,000
Type$860 $900 down$1,300 $2,210 down$11,560
Proof Type$8,220 $10,840 $16,580 $26,560 $50,630

Grade Abbreviations

Numismatic Abbreviations