Value of 1916-S Indian Head $5 Gold
History, Information, and Value of 1916-S Indian Gold Half Eagle
Value of 1916-S Indian Head $5 Gold
This is a well struck half eagle issue and most examples are boldly to sharply defined throughout. The mintmark, while usually full, seldom displays complete detail in the center. Two distinct luster types are known for the 1916-S Indian Half Eagle. Most Mint State coins are a bit subdued in appearance with frosty surfaces and fine granularity to the texture. Rarer are the satiny pieces with superior luster quality.
The 1916-S is the final San Francisco Mint Indian half eagle, and the last issue of this type struck prior to 1929. It is scarcer than the 1915-S in circulated grades, yet more plentiful in Mint State due to a small hoard of approximately 200 coins that entered the market during the early 1980s. The 1916-S still numbers among the scarcer Indian half eagles in Mint State and, since most of the hoard coins are heavily abraded with inferior luster, it remains very scarce in MS-64 and rare any finer. Fewer than 30 Gems are known, including a few particularly noteworthy examples that have been certified MS-66 or MS-66+ by PCGS and NGC.
The text on the Indian Gold Half Eagle reads as follows. Obverse: LIBERTY; Date; BLP | Reverse: UNITED STATES OF AMERICA; E PLURIBUS UNUM; IN GOD WE TRUST; FIVE DOLLAR.
The Indian Gold $5 coin is a collector favorite. These coins can be very difficult to grade since they are the only United States Mint coin to have a sunken in design rather than a raised design. So, let the coin experts at Coinappraiser.com help you grade and authenticate your coin. We are rare coin buyers and will make you a top dollar offer based on what your coin is worth. So, if you have been wondering: “How much is my gold coin worth?” then let our experts get you answers!