1913 Indian Head 5 Dollar Gold Coin Value
One of the most sought-after coins in the world of numismatics is the 1913 Indian Head 5 dollar gold coin. This coin is highly valued due to its rarity and historical significance. The coin was minted in limited quantities, making it a valuable addition to any coin collection. In this article, we will explore the history, design, and value of the 1913 Indian Head 5 dollar gold coin.
The History of the 1913 Indian Head 5 Dollar Gold Coin
The Indian Head 5 dollar gold coin was minted from 1908 to 1929. The coin was designed by Bela Lyon Pratt, who was a sculptor and teacher at the Boston Museum School. The Indian Head design was unique and different from other U.S. coins at that time. The coin featured a Native American chief wearing a full-feathered headdress on the obverse side, while a majestic eagle was featured on the reverse side.
The 1913 Indian Head 5 dollar gold coin was minted in Philadelphia, Denver, and San Francisco. The coin had a total mintage of only 34,000, making it one of the rarest coins in U.S. history. It is said that only a few of these coins were released for circulation, while most were held in reserve by the U.S. government.
The Design of the 1913 Indian Head 5 Dollar Gold Coin
The design of the 1913 Indian Head 5 dollar gold coin is unique and different from other U.S. coins at that time. The obverse side of the coin features a Native American chief wearing a full-feathered headdress. The chief is facing to the left, and the word "LIBERTY" is inscribed at the top of the coin. The date "1913" is located at the bottom of the coin.
The reverse side of the coin features a majestic eagle with its wings spread wide. The eagle is perched on an olive branch, while arrows are crossed behind it. The words "UNITED STATES OF AMERICA" and "FIVE DOLLARS" are inscribed on the coin.
The Value of the 1913 Indian Head 5 Dollar Gold Coin
The value of the 1913 Indian Head 5 dollar gold coin is determined by several factors, including its condition, rarity, and historical significance. As mentioned earlier, the coin had a total mintage of only 34,000, making it a rare coin. The coin is also highly valued due to its unique and beautiful design. The value of the coin is also influenced by the current market demand, which can fluctuate over time.
As of 2021, the value of a 1913 Indian Head 5 dollar gold coin in uncirculated condition can range from $10,000 to $20,000 or more, depending on its condition and rarity. Coins in circulated condition can still be valuable, with prices ranging from $1,500 to $5,000 or more.
Conclusion
The 1913 Indian Head 5 dollar gold coin is a highly valued and sought-after coin in the world of numismatics. Its rarity, historical significance, and unique design make it a valuable addition to any coin collection. If you are lucky enough to own one of these coins, it is important to keep it in good condition and have it appraised by a professional to determine its true value.