- USA Coin Book
- Gold $5 Half Eagle
- Indian Head
1929 Indian Head Gold $5 Half Eagle
Early Gold Coins
Metal Composition: 90% Gold - 10% Copper
Diameter: 21.6 mm
Mass / Weight: 8.36 grams
What this coin looks like (obverse, reverse, mint mark location, special features, etc.):
1929 marks the first time the $5 gold half eagle would be produced after 1916. A large number of them were produced but were later melted down within a few years - making the few hundred coins that did survive become extremely rare and valuable. 1929 also happened to be the year of the historic stock market crash that marked the beginning of the Great Depression - a time when there was very little demand in the population for the $5 gold coins. This would be the final year that the $5 Indian Head Half Eagle denomination would be produced. Source of example image is courtesy of Heritage Auction Galleries.
The 1929 Indian Head Gold $5 Half Eagle is worth $18,839 in average condition and can be worth $32,297 or more in uncirculated mint condition. Click here to learn how to use coin price charts. Also, click here to learn about grading coins. The Melt Value shown below is how valuable the coin's metal is worth (bare minimum value of coin). Click here to see the Melt Value of every US coin.
MELT VALUE: $304.29
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