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1908–1909-P $5 Gold Indian 2-pc Set NGC MS62 w/Ryder Signature
First And Second Year $5 Indian Gold Coins With Incuse Design!
In the history of the United States coinage, only two circulating coins were ever struck with an incuse design where the design sits below the surface of the coin rather than above it—the $2.50 and $5 Gold Indians. The theory was that by recessing their design, the coins would last longer. Sadly, this was not the case, but the theory did lead to the creation of some of the most unique coins ever struck by the United States Mint!
One Of The Shortest-Lived Series In U.S. Coin History
One of the shortest-lived series in U.S. coin history, the 1908–1929 “Gold Indian” $5 Half Eagle coins are collector favorites today. Struck in highly pure 90% fine gold, these coins are loved by people for the magnificent portrait of an authentic-looking Native American on the obverse and the proud Bald Eagle on the coin’s reverse. But what really sets these coins apart is their recessed or incused design—which was basically a reverse of the normal die in that the design was pressed into the coin rather than the typical coin where the design rises outward from the coin. Designed by Boston sculptor Bela Lyon Pratt, the $5 Gold Indians were struck from 1908 to 1916 and again for one last time in 1929, the last $5 “Half Eagle” denominations to be struck for circulation, ending a run that began in the 1790s!
Personally Signed By One Of The Numismatic World’s Most Influential People
With its incuse design, the $5 Gold Indian has gone down in American history as one of the nation’s most intriguing numismatic stories. Now you can own the first two years of the series with this 1908–1909-P $5 Gold Indian Two-Piece Set. Plus, not only do both coins come graded by the Numismatic Guaranty Company (NGC) as being in Uncirculated Mint State-62 (MS62) condition, but each comes sonically sealed in a museum-quality acrylic holder and encapsulated with a custom label that was personally signed by AMS Ambassador David J. Ryder. The former 34th and 39th Director of the U.S. Mint who served from 1992 to 1993 and from 2018 to 2021, Ryder was named by Coin World as one of its “Most Influential People in Numismatics.”
Quantities Are Extremely Limited So Order Now!
Availability is extremely limited, not only because of the age of these coins, but also because of President Franklin D. Roosevelt’s Gold Recall in 1933—which resulted in the government turning $300 million gold coins into bullion bars. These high-grade $5 Gold Indians are sure to be a feather in your cap. Add the legacy of the U.S. Mint’s incuse designs to your collection and secure this two-piece set now!
COIN HIGHLIGHTS:
- FAMOUS INCUSE DESIGN – Struck from 1908 to 1929, America’s $5 Gold Indian coins featured a design that was recessed or incused into the coin. Only the $2.50 Indians struck during the same period featured this same incuse deign, making them two of the most intriguing U.S. coins ever issued. Designed by Bela Lyon Pratt, his initials “BLP” can be seen on the coin’s obverse at the base of the Native American’s bust.
- STRUCK IN PURE AMERICAN GOLD – Each coin was struck in 8.359 grams of highly pure 90% fine American gold and measures 21.6 mm in diameter.
- LEGAL TENDER U.S. COINAGE – The denomination of $5 is shown on the coin’s reverse where it reads “FIVE DOLLARS” Below the talons of the proud American eagle.
- FANTASTIC GRADE FOR COINS THIS OLD – Your $5 Gold Indians have been graded by the Numismatic Guaranty Company (NGC) in Uncirculated Mint State-62 (MS62) condition!
- SIGNED BY A GIANT IN THE COIN WORLD – These coins will be sonically sealed in a museum-quality acrylic holders and encapsulated with exclusive labels that were personally signed by David J. Ryder, the former 34th and 39th Director of the U.S. Mint who served from 1992 to 1993 and from 2018 to 2021.
When the new $5 Gold Indians were released in 1908, folks gasped. The design was sunk into the surface of the coin rather than raising it above. And what a design! Secure a pair of these unique, short-lived $5 Half Eagles from the first two years the coins were struck!
Availability | Out of Stock |
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Year of Issue | 1909, 1908 |
Country | United States |
Composition | Gold |
Purity | N/A, .900 |
Condition | Graded, Uncirculated |
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Grade | MS62 |
Denomination | 5.00 |
Mint Name | Philadelphia - P |
Dimensions | 21.6mm |