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 10/26/2021
$5 IndiansFMV
MS61
FMV
MS62
FMV
MS63
FMV
MS64
FMV
MS65
1908$960 $1,020 $1,280 $2,220 down$9,840
1908 Proof$6,880 $8,130 $15,280 $23,750 $50,830
1908 D$960 $1,080 $1,280 down$2,720 $28,410
1908 S$3,480 $6,530 down$11,080 down$13,590 $21,780
1909$960 $1,020 $1,290 $2,440 down$9,660
1909 Proof$6,880 $8,130 $14,110 $25,310 $53,330
1909 D$940 $1,000 down$1,210 $2,070 down$9,440
1909 O$28,280 $44,850 $103,350 $173,480 $510,250
1909 S$3,480 $6,190 $12,580 $24,100 $56,550
1910$960 $1,020 $1,280 down$2,560 $9,810
1910 Proof$6,880 $8,130 $16,710 $25,350 $53,330
1910 D$960 $1,380 $2,160 $8,910 $31,530
1910 S$1,780 $2,910 $10,630 $29,030 $63,790
1911$960 $1,020 $1,530 $2,310 $11,900
1911 Proof$6,880 $8,130 $14,110 $20,000 $46,580
1911 D$9,460 $17,750 $38,810 $80,330 down$344,250
1911 S$1,040 $1,840 $3,580 $14,760 $53,330
1912$960 $1,020 $1,410 $2,720 down$9,820
1912 Proof$6,880 $8,130 $14,110 $21,450 $49,280
1912 S$2,910 $5,360 $16,560 $31,530 $227,500
1913$960 $1,020 $1,280 $2,560 down$9,820
1913 Proof$6,880 $8,130 $14,110 $20,800 $48,260
1913 S$2,340 $4,580 $12,810 $19,830 $119,480
1914$960 $1,080 down$1,940 $2,930 $14,510
1914 Proof$6,880 $8,130 $14,300 $21,450 $56,030
1914 D$970 $1,080 $2,030 $4,580 $18,560
1914 S$2,470 $4,230 $8,610 $51,350 $162,000
1915$960 $1,080 $1,280 $2,500 down$9,820
1915 Proof$6,880 $8,130 $14,110 $22,430 $60,410
$5 IndiansFMV
MS61
FMV
MS62
FMV
MS63
FMV
MS64
FMV
MS65
1915 S$3,590 $7,050 $13,460 $60,450 $132,980
1916 S$1,380 $2,130 down$4,490 $7,570 $39,830
1929$33,150 $34,450 down$38,030 $45,500 $114,410
Type$940 $1,000 down$1,210 $2,070 down$9,440
Proof Type$6,600 $8,130 $14,110 $20,000 $46,580

Grade Abbreviations

Numismatic Abbreviations