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-O INDIAN HEAD $5 MS60

KEY DATE TO THE $5 INDIAN SET.
$26,500.00

1909-O INDIAN HEAD $5 MS61

KEY DATE TO THE $5 INDIAN SET.
$36,500.00

1909-O INDIAN HEAD $5 MS65

THE KING OF THE $5 INDIAN SERIES. SOLE FINEST GRADED AT NGC.
$475,000.00

1910 INDIAN HEAD $5 PR66

GEM ROMAN FINISH PROOF. ONLY 250 STRUCK. JUST 60-75 PIECES BELIEVED TO EXIST TODAY. JUST ONE COIN GRADED HIGHER AT PCGS. CAC.
$109,500.00

1910 INDIAN HEAD $5 PR66+

GEM ROMAN FINISH PROOF. ONLY 250 STRUCK. JUST ABOUT 75 KNOWN TO EXIST TODAY. CAC.
$105,000.00

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

1913-S INDIAN HEAD $5 MS63

A KEY DATE. SATIN LUSTER.
$12,950.00

1915 INDIAN HEAD $5 PR67

GEM MATTE PROOF. ONLY 75 STRUCK. TIED FOR HIGHEST GRADED.
$119,500.00

1915-S INDIAN HEAD $5 MS61

NICE LUSTEROUS SURFACES.
$3,350.00