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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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Body: Referring page: http://www.greysheet.com/prices/item/indian-half-eagle-united-states-gold-type-coin/gsid/72384 GSID: 72384 Title: Indian Gold Half Eagle $5 1908-1929 MS [Type]
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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
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS68 |
|
$266,500 | $1,234 |
| MS68 | - | $222,000 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
| VG10 |
|
$1,234 | $1,234 |
| VG10 | - | $1,234 | $1,234 |
| VG8 |
|
$1,234 | $1,234 |
| VG8 | - | $1,234 | $1,234 |
1908 $5 Indian MS
Worth: $1,003 – $75,000
1908-D $5 MS
Worth: $1,003 – $36,000
1908-S $5 MS
Worth: $995 – $222,000
1909 $5 MS
Worth: $1,003 – $32,500
1909-D $5 MS
Worth: $1,003 – $40,000
1909-O $5 MS
Worth: $4,000 – $780,000
1909-S $5 MS
Worth: $1,003 – $115,000
1910 $5 MS
Worth: $1,003 – $60,000
1910-D $5 MS
Worth: $1,003 – $180,000
1910-S $5 MS
Worth: $1,003 – $115,000
1911 $5 MS
Worth: $1,003 – $40,000
1911-D $5 MS
Worth: $1,220 – $312,000
1911-S $5 MS
Worth: $1,003 – $90,000
1912 $5 MS
Worth: $1,003 – $40,000
1912-S $5 MS
Worth: $1,003 – $275,000
1911-S $5 AU58 NGC. CDN: $1,163.63 Whsle. Bid for NGC/PCGS AU58. Mintage 1,416,000. ...
$1,098
1914-S $5 AU55 NGC. CDN: $1,253.63 Whsle. Bid for NGC/PCGS AU55. Mintage 263,000. ...
$1,232
1911 $5 MS63 PCGS. Housed in a Generation 3.1 green label holder. CDN: $1,243.15 Whsle. Bid for NGC/PCGS MS63. Mintage 915,...
$1,464
1913 $5 MS64 PCGS. Housed in a Generation 3.1 green label holder. CDN: $2,650 Whsle. Bid for NGC/PCGS MS64. Mintage 915,900...
$2,684
1908-D $5 MS60 PCGS. Housed in a Generation 1.2 "rattler" holder. PCGS Population: 75 in 60, 3723 finer (7/26). CDN: $982...
$1,647
1912 Indian Half Eagle. MS-62 (PCGS).
$1,220
1908 Indian Half Eagle. MS-61 (PCGS).
$1,220
1909-S Indian Half Eagle. AU-53 (PCGS). CAC.
$1,464
1913-S Indian Half Eagle. EF-45 (PCGS). Gold CAC. OGH.
$2,074
1909-O Indian Half Eagle. AU Details--Cleaned (NGC).
$9,150
1909-O Indian Half Eagle. AU-50 (PCGS).
$8,845
1909 Indian Half Eagle. MS-65 (CACG).
$12,810
1908-S $5 MS66 PCGS. ...
$25,620
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
1908 Indian Half Eagle. MS-67 (NGC).
$40,800
1910-S Indian Half Eagle. VF-30 (PCGS).
$720
1914 Indian Half Eagle. VG-10 (NGC).
$600
1915-S $5 NGC VF35
$825
1909 $5 Good 4 PCGS. PCGS Population: (1/7470). NGC Census: (0/7117). Mintage 627,138. ...
$660
1914 Indian Half Eagle. VG-8 (PCGS).
$480
Greysheet News
Stack's Bowers Galleries' Summer 2026 Global Showcase Auction Realizes Over $70 Million
10/7/2026
The Business of Numismatics: October 2026 Greysheet Editor's Letter
While reviewing the initial results in various categories of recent auctions, my initial take is that the sales were moderate to strong.
10/6/2026
Mack C. Chase Collection of Walking Liberty Half Dollars to Anchor Stack's Bowers Galleries' November 2026 Showcase Auction
More than 300 lots, consisting of high quality Walking Liberty half dollars from the Mack C. Chase Collection are set to cross the auction block as part of Stack's Bowers Galleries' November Showcase Auction, the official auction of the Whitman Expo.
10/6/2026
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Location: Rothchild Catering & Conference Center
Saturday, August 1, 2026
