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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1908-D INDIAN HEAD $5 MS64

GEM SATIN LUSTROUS SURFACES.
$3,500.00

1909 INDIAN HEAD $5 MS65

GEM GOLDEN LUSTROUS SURFACES. VERY SCARCE IN THIS PRISTINE STATE OF PRESERVATION.
$14,850.00

1909 INDIAN HEAD $5 PR67

GEM ROMAN FINISH PROOF. ONLY 78 STRUCK. JUST 40-50 KNOWN TO EXIST.
$115,000.00

1909-O INDIAN HEAD $5 AU58

THE ONLY NEW ORLEANS MINTED $5 INDIAN. KEY DATE TO THE SET.
$23,000.00

1909-O INDIAN HEAD $5 MS65

THE KING OF THE $5 INDIAN SERIES. JUST TWO COINS GRADED HIGHER.
$687,500.00

1910 INDIAN HEAD $5 PR66

GEM ROMAN FINISH PROOF. ONLY 250 STRUCK, BUT EXPERTS ESTIMATE ONLY 60-75 EXISTS. JUST A SINGLE PR67+ GRADED HIGHER AT PCGS.
$119,500.00

1913 INDIAN HEAD $5 PR66+

GEM DIAMOND CUT MATTE SURFACES. ONLY 99 STRUCK.
$82,500.00

1915 INDIAN HEAD $5 MS65

GEM CREAMY LUSTROUS SURFACES. ONLY NINE MS65+ COINS GRADED HIGHER AT PCGS.
$16,500.00

1929 INDIAN HEAD $5 MS63

VERY CHOICE WELL STRUCK LUSTROUS SURFACES. CAC.
$52,250.00