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 09/26/2022
$5 IndiansFMV
MS61
FMV
MS62
FMV
MS63
FMV
MS64
FMV
MS65
1908$1,060 $1,130 $1,940 down$3,810 $11,690
1908 Proof$8,560 $10,840 $16,710 $32,500 $57,580
1908 D$1,090 $1,310 down$2,160 down$4,030 $30,880
1908 S$7,610 $10,210 $13,850 down$15,280 $25,030
1909$1,000 $1,090 $1,970 down$3,630 $12,310
1909 Proof$9,060 $11,060 $17,880 $31,880 $60,410
1909 Ddown$870 down$920 down$1,250 down$2,180 $11,560
1909 O$36,080 down$57,850 $115,050 $182,250 $585,000
1909 Sdown$7,440 $10,590 down$15,410 $26,660 $69,230
1910$1,000 $1,090 $2,060 down$4,060 down$12,060
1910 Proof$9,530 $12,190 $22,430 $29,580 $64,130
1910 D$1,160 $1,590 $3,750 down$12,250 $37,380
1910 S$1,970 $4,840 down$12,840 $38,480 $84,380
1911$1,000 $1,090 down$1,840 down$4,060 $16,580
1911 Proof$9,840 $11,060 $17,880 $26,560 $50,630
1911 Ddown$10,600 $19,050 down$42,250 $80,330 $371,250
1911 S$1,410 $2,190 $5,920 $19,830 $58,730
1912$1,000 $1,090 $1,970 $4,090 $12,030
1912 Proof$9,690 $10,940 $16,580 $27,950 $53,330
1912 S$3,160 $7,610 down$20,440 down$40,950 $292,500
1913$1,070 $1,150 $1,910 down$4,280 $11,990
1913 Proof$10,160 $11,440 $17,880 $27,630 $53,330
1913 S$2,590 $6,440 down$14,630 $25,160 $130,280
1914$1,150 $1,380 down$2,340 $3,610 $17,890
1914 Proof$10,720 $12,190 $19,960 $29,580 $61,760
1914 D$1,060 $1,220 down$3,280 $5,360 $18,560
1914 S$2,840 $5,140 down$11,210 down$48,430 $168,750
1915$1,040 $1,220 $2,030 down$4,060 down$12,640
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$4,560 $9,720 down$18,010 $68,580 $132,980
1916 S$1,840 $2,780 down$6,210 $10,170 $50,630
1929$33,150 $34,450 $38,030 down$50,640 down$117,000
Typedown$870 down$920 down$1,250 down$2,180 $11,530
Proof Type$8,220 $10,840 $16,580 $26,560 $50,630

Grade Abbreviations

Numismatic Abbreviations