Coin Specifications

Category: Indian Head $5 (1908-1929)
Mint: San Francisco
Mintage: 392,000
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: $279.98 (10/9/2015)
Diameter: 21.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1912 S $5 MS obverse 1912 S $5 MS reverse

Expand All    Collapse All


Click on a coin to see VarietyPlus details.

Description & Analysis

In a series replete with rarities, the 1912-S ranks second in high-grade rarity only to the 1914-S. An ample number of half eagles were produced in San Francisco in 1912, with 392,000 pieces struck. But a large percentage of those produced were dropped into circulation. Evidence of this can be seen from examination of the population data, which shows dozens of pieces certified in the VF-XF grade range. Once the Mint State threshold is passed, however, the availability of 1912-S fives drops precipitously and the price increases rapidly. But it is not the number of circulated coins that makes the 1912-S the stellar condition rarity it is. Rather, it is the overall poor production of almost all known examples that has prevented all but two pieces from reaching the Gem plateau. The gold references that deal with the 1912-S are enough to scare away all but the most diehard collectors. Consider these daunting passages from the updated Akers reference:

'The 1912-S is the worst-produced issue in the entire Indian Half Eagle series. ... virtually all examples display an amorphous mintmark that is little more than a blob of metal. ... usually evidence of die deterioration at the borders on one of both sides. ... The typical example has inferior luster and subdued, granular surfaces. ... Distracting abrasions are the norm. ... lowest eye appeal rating in this series.'

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


Loading... Working...

Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.

There was no data found for this Coin.

Select Designation


Select Grade

*To view the Census details for this coin, please sign in or sign up.

Price Guide

Last Updated: 10/9/2015

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

1912 S $5 MS
Base $ 435 445 455 525 575 650 675 775 1075 4300 8100 18500 39000 245000 - - - - -
$ - - - 825 1375 - 9500 - - - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

NGC Price and Value Guides Disclaimer



Total Graded: 1540
Low Grade: VF
Average Grade: 55
High Grade: 65

Upcoming Auctions

A random selection of NGC coins is shown below.

Auction House
Sale / Lot
10/13/2015 AU 55   Heritage Auctions Internet Coin Auction Session(1), 131541/Lot# 23288
10/13/2015 AU 55   Heritage Auctions Internet Coin Auction Session(2), 131541/Lot# 23639

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
5/10/2000 PCGS VF 30   Teletrade Auction 1306, 1306/Lot# 1848 $221.55
7/29/2010 NGC AU 55   David Lawrence Rare Coins Thursday - Internet Auction # 501, 507/Lot# 7732 $540.50
9/19/2010 PCGS AU 58   Goldberg September 19-21, 2010 Pre-Long Beach Coin Auction, 60/Lot# 3783 $575.00
12/2/2010 PCGS AU 58   Heritage Auctions 2010 December Houston Signature US Coin Auction Session(4), 1147/Lot# 8855 $632.50
6/1/2011 NGC MS 61   Heritage Auctions 2011 June Long Beach Signature US Coin Auction Session(3), 1156/Lot# 4707 $2,760.00
7/7/2011 NGC AU 53   Heritage Auctions 2011 July Orlando Summer FUN Signature US Coin Auction Session(5), 1157/Lot# 9807 $431.25
6/16/2013 PCGS AU 55   GreatCollections GreatCollections Coin Auctions 06/16/2013, 79/Lot# 105677 $546.70
3/31/2015 PCGS AU 53   Stack's Bowers March 2015 Baltimore, 6065/Lot# 33727 $448.85

NGC Registry

NGC Registry Score 1912 S $5 MS
Registry Image Gallery
Grade: XF 45
Points: 1197
Owner: Robert Baker Trust
View the Registry Image Gallery

Related Articles

Counterfeit Detection: Fake $5 Indian Lacks Details

1/12/2010  — The missing details on this $5 Indian reveal it to be counterfeit.
View full article >

NGC Auction Central Disclaimer