Indian $5

In January 1914, with Europe on the brink of war and the United States in the throes of a depression, Henry Ford announced that he was doubling his workers’ pay from $2.34 per day to a princely $5 and, at the same time, reducing their nine-hour workday to eight hours. Ford Motor Company was, he said, initiating “the greatest revolution in the matter of rewards for its workers ever known to the industrial world.” Strange as it may seem in today’s inflated economy, $5 per day was indeed a handsome wage in 1914, and what Ford did was every bit as revolutionary as he proclaimed.

Clearly then, the half eagle—or $5 gold piece—was a coin with considerable clout in 1914, even though it was only slightly larger than the then brand-new “Buffalo” nickel. After all, it represented a full day’s pay for well-paid workers—enough to buy a pair of trousers plus a pair of work boots.

The half eagles being minted that .... (Expand Text)

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1909 INDIAN HEAD $5 PR67

GEM ROMAN FINISH PROOF. ONLY 78 STRUCK. JUST 40-50 KNOWN TO EXIST.
$109,500.00

1909-O INDIAN HEAD $5 MS60

KEY DATE TO THE $5 INDIAN SET.
$24,500.00

1909-O INDIAN HEAD $5 MS61

KEY DATE TO THE $5 INDIAN SET.
$31,950.00

1911-D INDIAN HEAD $5 MS62

CHOICE SATIN LUSTEROUS SURFACES. ONE OF THE KEY DATES TO THE $5 INDIAN COLLECTION. CAC.
$22,500.00

1911-D INDIAN HEAD $5 MS63

WELL STRUCK AND LUSTEROUS. ONE OF THE KEY DATES TO THE SET.
$38,500.00

1913 INDIAN HEAD $5 PR67

GEM MATTE PROOF SURFACES. ONLY 99 STRUCK. JUST A SINGLE PR68 GRADED HIGHER.
$82,500.00

1929 INDIAN HEAD $5 MS62

CHOICE LUSTEROUS SURFACES. KEY DATE TO THE $5 INDIAN SERIES. CAC.
$30,000.00