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Inventory:
2 In Stock
- Product ID: 50200
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 12/22/24 03:48:01 | ||
Gold
 29.19
|
$2,622.00 | $2,636.35 |
The $5 Gold Indian 1911 Extra Fine coin is an exquisite example of early 20th-century American numismatic art, capturing a significant era in the nation's history. This coin is part of the $5 Gold Indian series, which was introduced as part of a broader effort to rejuvenate the design and aesthetic quality of American coinage. The 1911 issue, in particular, is highly valued by collectors for its artistic beauty, historical significance, and relative scarcity.
The $5 Gold Indian series was designed by the prominent sculptor Bela Lyon Pratt. This series was notable for its departure from the traditional raised-relief designs, featuring instead an incuse relief where the design is recessed into the surface of the coin. This innovative technique gave the coins a unique and distinctive appearance, setting them apart from other coins of the period. The obverse of the 1911 coin features a striking profile of a Native American chief adorned with a full headdress of feathers. This design is surrounded by 13 stars representing the original thirteen colonies, along with the inscription "LIBERTY" at the top and the year "1911" at the bottom.
On the reverse of the $5 Gold Indian coin, an eagle is depicted perched on a bundle of arrows and an olive branch, symbolizing both war and peace. The eagle is detailed and powerful, embodying the strength and spirit of the United States. Surrounding the eagle are the inscriptions "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," and "IN GOD WE TRUST," as well as the denomination "FIVE DOLLARS." The incuse relief on both sides of the coin adds to its visual and tactile appeal, making it a standout piece in any collection.
The $5 Gold Indian 1911 coin was minted at several facilities, including the Philadelphia Mint and the Denver Mint. The Philadelphia Mint, established in 1792, has a long-standing reputation for producing high-quality coins and played a crucial role in the development of American numismatics. The Denver Mint, established in 1906, also contributed significantly to the production of gold coinage, serving the Western United States and leveraging local gold supplies from nearby mining operations.
The mintage of the 1911 $5 Gold Indian coin was relatively modest, contributing to its desirability among collectors today. Approximately 915,000 of these coins were produced across all mint facilities, a figure that reflects the limited production of gold coinage during this period. The relatively low mintage, combined with the passage of time, has resulted in a limited number of surviving specimens, particularly in high grades such as Extra Fine.
In Extra Fine condition, the $5 Gold Indian 1911 coin displays sharp details and minimal wear, particularly on the high points of the design such as the feathers of the headdress and the eagle’s feathers. The fields, or flat areas of the coin, retain much of their original luster, providing a pleasing contrast to the recessed design elements. This level of preservation enhances the coin’s aesthetic appeal and underscores its historical significance.
The $5 Gold Indian 1911 Extra Fine coin is not merely a piece of currency; it is a work of art and a piece of American history. The design reflects a period of artistic experimentation and cultural recognition, as the nation sought to honor the heritage and contributions of Native American peoples. The coin's production at the Philadelphia and Denver Mints, along with its relatively low mintage, adds layers of historical and regional significance, making it a fascinating study for numismatists and historians alike.
In summary, the $5 Gold Indian 1911 Extra Fine coin stands as a testament to the artistic and cultural shifts of early 20th-century America. With its innovative incuse design by Bela Lyon Pratt, its production at renowned minting facilities, and its limited mintage, this coin holds a special place in numismatic collections. It embodies the spirit of innovation and cultural acknowledgment that characterized the era, making it a valuable and meaningful collectible for enthusiasts and historians.