1916-S $5 Indian NGC AU58

The 1916-S $5 Indian Head Gold Half Eagle marks the final year of production for one of the most iconic designs in American coinage. Struck at the San Francisco Mint, this issue holds historical significance not only as the end of the series but also as the close of an era in pre-Depression U.S. gold coinage.

Designed by famed sculptor Bela Lyon Pratt, the Indian Head Half Eagle stands apart from all other American coins with its incuse design—a sunken relief where the design is engraved below the coin’s surface. The obverse features a proud Native American chief in full headdress, while the reverse displays a standing eagle perched confidently on a bundle of arrows and an olive branch, symbolizing strength and peace.

The 1916-S was minted in modest quantities, with a final mintage of 240,000 coins, many of which saw active circulation. Surviving examples—especially in higher grades—are relatively scarce and highly desirable among collectors. As the last issue of the $5 Indian Head series, this coin carries a special appeal for those completing type sets or focusing on series finales.

Each coin is struck in .900 fine gold, weighs 8.36 grams, and contains 0.24187 troy ounces of gold. The distinctive “S” mintmark below the eagle confirms its San Francisco origin, further enhancing its collectible status, particularly among enthusiasts of Western U.S. Mint coinage.

Whether you're a seasoned numismatist or a gold investor seeking historically significant pieces, the 1916-S $5 Indian Head Gold Half Eagle delivers on both artistry and rarity. Its bold design, symbolic imagery, and role as the final chapter in a short-lived but beloved series make it a standout coin in any pre-1933 U.S. gold collection.

Secure this remarkable piece of American coinage history today—and own the legacy of one of the nation’s most distinct and beautifully designed gold coins.