$5 Gold Indian Head 1908-1929
The $5 Indian gold coin is one of two coins designed by sculptor Bela Lyon Pratt (the other being the $2.50 Indian gold coin.) As with the $20 Saint-Gaudens gold piece, President Theodore Roosevelt played an important role in revamping this smaller gold coin. While looking for a sculptor to design these coins, Roosevelt’s good friend, Dr. William Sturgis Bigelow, recommended Pratt who had once been a student of Augustus Saint-Gaudens. Although the $5 Indian Head is smaller and less spectacular than the coins of his mentor, the Pratt coins are, in a sense, more innovative and daring. The design of the $5 Indian Gold Coin featured on the obverse, an Indian Chief which was the first true American Indian ever to appear on United States coinage. The chief on the Indian Head is wearing a full-feathered headdress with the word ‘Liberty’ inscribed above the headband. A border of 13 stars and the minting date encircle him. The reverse features a proud bald eagle standing among olive branches, surrounded by the words ‘UNITED STATES OF AMERICA.’ The motto ‘IN GOD WE TRUST’ and the denomination also appear on the reverse.
- Contains .2419 oz of Gold.
- The obverse features a masculine image of a Native American wearing a full headdress encircled by 13 stars with the word “Liberty” above and the date below. The reverse features a majestic bald eagle.
- Designed by Bela Lyon Pratt
- Metal Content: 0.2419 troy oz
- Purity: .900
- Thickness: 1.4 mm
- Diameter: 21.6 mm