Wednesday, February 27, 2008

Gold coins - $5 Indian Half Eagle

Gold coins of this type in perfect condition are almost impossible to find and have therefore very high price of several thousands dollars a piece. These beautiful coins were designed by Bela Lyon Pratt and were minted for 21 years, from 1908 until 1929. These beautiful gold coins are so unique and fascinating mainly because of their incuse design that is specific for having images and inscription cut actually cut into the surface of the coin.

However this unique design wasn't very popular among public because of the belief that this "sunken design" will be breeding ground for many bacterias that cause disease.

Demand for this beautiful gold coins is constant and they are among favorite coins of many respectable gold coin collectors. Front side shows image of Indian chieftain and year and on reverse is image of American eagle, standing on top of bundle of arrows and olive branch, symbolizing war and peace.





These coins were minted in Philadelphia, San Francisco and Denver, their finesses is .900, and have .24187 of actual gold content., while their diameter is 20 mm. If you're planning buying these fascinating coin be prepared for some extra expenses because demand for $5 Indian Half Eagle is always high.

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