The Indian Half Eagle was first released in 1908. What makes this coin unique in American numismatics is how the fields of the coin are raised higher than the rest of the coin’s design and have no raised edge. This is called an “incuse design”. In fact, this $5 Indian Quarter Eagle carries the distinction of being one of only two designs in American history to use an incuse design. The other is the $2.50 Indian Quarter Eagle. The decision to strike coins like this was not well received when they came out. However, today they are beloved by collectors. The Indian Half Eagle was produced form 1908-1916, and then returned for one final year of production in 1929. Needless to say, there aren’t many on the market. Out of over 700,000 coins minted, less than 1% of those coins have achieved the MS63 grade by PCGS, making this piece highly desirable by collectors.
- 1 of only 1,674 in PCGS population!
- Mint State 63
- The obverse features an image of Liberty wearing a full headdress encircled by 13 stars with the word "Liberty" above and the date below and the reverse features a majestic bald eagle.
- United States Legal Tender