David Hall's weekly gold and silver report
COIN OF THE WEEK
1929 $5 Indian Head PCGS MS65
One of the finest known of this all-time classic gold rarity! The $5 Indian was minted between 1908 and 1916, and then none were minted until 1929. Though the economy was robust for most of the 1920’s, the $5 gold piece was not used much in commerce and wasn’t very popular. Hence there were no $5 gold pieces minted between 1917 and 1928. For reasons that are unclear, the Philadelphia Mint did strike $5 gold pieces in 1929. It was a strange time as the economy started dipping in August, 1929 and the...