How much is a 1911 Indian head five dollar gold coin worth?

Answer 1

Well, I'm not an expert, but I just bought one as a gift for my godson's baptism, and I paid 240 Euros (with today's exchange rate that's about 357 US dollars) . After doing some research online, I found one that sold on eBay for 425 US dollars. Hope that helps to get things started.

AnswerOnline research for collectibles should use eBay as a last resort. While many, many sellers have a good handle on what their items are worth on the broader market, enough of them are over or under the average to skew the results as a price guide.

There are several companies that track U.S. coin values professionally. One that I've found to be pretty much on target is Numismedia. As of 12/2008. they list the fair market value of a 1911 U.S. half eagle as:

very worn condition - $270

moderately worn - $325 (no mint mark or S); $420 (D mint mark)

slight wear - $350 (no mint mark or S); $480 (D mint mark)

almost uncirculated - $380 (no mint mark or S); $750 (D mint mark)

Given that gold has dropped about 30% in value over the latter half of 2008, you probably paid a reasonably fair price at €240.