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Digital Subscriptions > COINage > May 2019 > Indian Gold

Indian Gold


Completion of a collection of $2-1/2 Indian Head gold coins poses no challenge to the well-resourced collector. Even to the collector on a more limited budget, a set is completely doable, with the 1911-D the only true challenge of the set one might have to save up for at the end.

A $5 Indian collection poses a couple of additional challenges. Notably, the 1909-O, 1911-D, and 1929 are all tremendously coveted dates. The 1909-O, even in the lowest grades, can trade for thousands of dollars, and the 1929 is virtually impossible to obtain beneath a $20,000 figure sum unless you somehow stumbled upon a very well-circulated example somewhere on the market.

$2.5 and $5 Indians seem like a smart buy at today’s levels, and the pieces tell a story from Theodore Roosevelt’s administration to Black Friday and the Great Depression, which ultimately ceased their production forever.

The $2.5 and $5 Gold Indians have a unique reputation in American numismatics as the only incuse-designed coinage in the history of the United States Mint to date. There was a very short window of opportunity for them to even exist, let alone be created, but due to the history of numismatics and the “In God We Trust” motto, these coins came into fruition in the right place at the right time.

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About COINage

CoinAge May 2019, The Magazine for Invetors and Coin Collectors, Investment Survey : Coins, Stock Top Performers, More 1933 Saints out There, And More....