US Coins

Market Analysis: Mint marked Indian Head half eagle duo

An MS-62 1909-O Indian Head $5 half eagle and a 1911-D example graded MS-63 respectively realized $31,200 and $28,800 in Stack’s Bowers Galleries’ Aug. 9 auction.

All images courtesy of Stack’s Bowers Galleries.

The Rhone Set offered a solid group of Indian Head $5 half eagles, led by a Mint State 62 1909-O example certified by Professional Coin Grading Service that sold for $31,200 in Stack’s Bowers Galleries’ Aug. 9 auction.

Just 34,200 were struck at the New Orleans Mint, and it is a key in the series. In contrast to many examples found today, the O Mint mark here is fully outlined on the reverse and well-rounded, with “only tiny, inconspicuous marks precluding a higher grade.” With MS-63 representatives trading for over six-figures, examples graded MS-62 offer a blend of quality and value.

A 1911-D Indian Head half eagle graded MS-63 by PCGS sold for $28,800, and it featured a virtually full, crisp Denver Mint mark. It is one of the finer survivors from a mintage of 72,500 that it is considered second only to the 1909-O half eagle in rarity and popularity within the series. This one featured “vivid honey-rose surfaces,” showcasing “full mint luster in a softly frosted texture.”

Connect with Coin World:  
Sign up for our free eNewsletter
Access our Dealer Directory  
Like us on Facebook  
Follow us on X (Twitter)
Keep in touch on MyCollect - the social media platform for collectibles 

Whether you’re a current subscriber or new, you can take advantage of the best offers on magazine subscriptions available in digital, print or both! Whether you want your issue every week or every month, there’s a subscription to meet your needs.

Community Comments