Coin Specifications

Category: Indian Head $5 (1908-1929)
Mint: Philadelphia
Mintage: 125
Catalog: KM-129
Obverse Designer: Bela Lyon Pratt
Reverse Designer: Bela Lyon Pratt
Composition: Gold
Fineness: 0.9000
Weight: 8.3590g
AGW: 0.2419oz
Melt Value: $299.04 (9/16/2014)
Diameter: 21.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1914 $5 PF obverse 1914 $5 PF reverse


  
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Description & Analysis

The Philadelphia Mint was far from averse to tinkering with the appearance of proof gold coinage during the 1908-15 era, so that many proof gold coins have slightly (or noticeably) different surface appearances from one year to the next, as well as over the lifespan of a particular series. The Indian Head quarter eagles, half eagles, and eagles showed radically different treatments from the typically brilliant proof surfaces previously seen on the Liberty Head proof gold coin series. While the proof half eagles of 1912 and 1913 showed a fine sandblast appearance, in 1914 the Mint slightly increased the size of the microscopic tiny facets, giving the coins a somewhat coarser surface appearance. Although the recorded mintage is 125 pieces, this issue is among the most difficult Indian Head half eagle proofs to obtain, exceeded only by the 1915 and 1909 issues.

It is difficult to explain the low survival rate of the 1914 issues. However, one must consider that Europe was on the verge of war during much of 1914, before open hostilities broke out in July and August. The United States declared its neutrality and strove to preserve it from 1914 until 1917. In such an unsure political environment, it is easy to see how a number of proof gold pieces might have entered circulation rather than being held for future generations.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 7/14/2014

Click on a price to see historical prices, comparison charts and trends.

1914 $5 PF
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 5600 6600 8750 14750 27500 54000 65000 110000 145000 - -
$ - - - - - - - - - - - 80000 - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 31
Low Grade: 63
Average Grade: 65
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
7/30/1994 PCGS PF 66   Heritage Auctions 1994 ANA Sale #122, 122/Lot# 7500 $22,550.00
2/11/2007 PCGS PF 65   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 2372 $36,800.00
1/3/2012 NGC PF 67   Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(5), 1166/Lot# 4946 $46,000.00
5/30/2012 PCGS PF 66   Heritage Auctions 2012 May 30- June 3 US Coins Signature Auction- Long Beach Session(3), 1171/Lot# 5105 $74,750.00
8/8/2013 PCGS PF 66   Heritage Auctions 2013 August 8 - 10 US Coins Signature Auction - Rosemont Session(5), 1188/Lot# 5868 $64,625.00
9/23/2013 NGC PF 68   Bonhams The Tacasyl Collection of Magnificent United States Proof Gold Coins, 20992/Lot# 1016 $134,550.00
9/25/2013 PCGS PF 66   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(6), 1189/Lot# 6801 $64,625.00


NGC Registry

NGC Registry Score 1914 $5 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111116402163274530593266399148475577702978349137104161429518362
11111115471814235728493128350742765090606172978268956311709156500
0000001547181423572849312835074276509060617297826895631170900
00000011093198825512954319737494561533365457565870299891300200
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