Reading: Indian Head $5 (Half Eagle)
As a result of Bigelow ’ s master idea, the native american men on the obverse and the american Eagle on the reverse side of the coin have slightly ancient egyptian spirit to them. The obverse side besides features 13 stars, representing the initial 13 colonies, arsenic well as the engraving “ LIBERTY, ” the initials “ BLP, ” and the batch year. Aside from the eagle, the change by reversal slope includes the engravings “ UNITED STATES OF AMERICA, ” “ E PLURIBUS UNUM, ” “ IN GOD WE TRUST, ” and the denomination “ FIVE DOLLARS. ”
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The $ 5 indian head coin consists of 90 % gold and 10 % bull. While $ 5 aureate coins may seem relatively excess these days, they could be useful during those early years of the twentieth Century. For example, celebrated cable car manufacturer Henry Ford raised his workers ’ yield from an average of less than $ 2.50 a day to $ 5 a day in 1914, which was a good daily wage then. In a time before most people had checking accounts, this proved to be a commodious way of receiving one ’ s yield. however, half eagle coins did not circulate american samoa much as eagle or double eagle coins. interestingly enough, the NGC specifications page lists the amber melt value of this coin at just about $ 281 in August of 2015 – an sum that can be considered a very well day by day wage in this day and long time. The numismatic value of these coins, evening in go around discipline, is of course well higher than the face value. even though the half eagle has never been adenine coveted as the quarter eagle ( one of the rarest twentieth hundred American gold coins in higher grades ), its cute metallic element message and historic prize interpret it an attractive option for both amber investors and coin collectors. furthermore, there are 24 different half eagle coins by date and mintmark, and some coins are about impossible to find .