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1908-D

Gold Coins · Indian Head Gold $5 Half Eagles · 1908–1929
Regular
Weight8.359 g
Diameter21.6 mm
MintDenver
StrikeCirculation strike
Mintage 148,000
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerBela Lyon Pratt
Collector's Key IDCK-6080

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About this coinHistory

The 1908-D belongs to the debut year of Bela Lyon Pratt's incuse half eagle, the design that retired the Coronet portrait after more than seven decades. Three mints joined the rollout: Philadelphia handled the bulk of the work, San Francisco produced the small 82,000-coin issue that became a long-term key, and Denver struck 148,000 pieces in what was its first appearance on the half eagle denomination. That places the 1908-D in the middle of the first-year trio, scarcer than the Philadelphia issue but more available than the San Francisco coin.

The mintmark sits on the reverse to the left of the eagle's perch, near the arrow shafts, and on a Denver coin it should appear as a single firm strike that matches the depth of the surrounding incuse work. Because the entire design lives below the field rather than above it, an added or tooled mintmark tends to read as a shallow patch with disturbed metal at its edges, and that is the first place a graded coin gets scrutinized. The Pratt format also makes circulation wear easy to read: friction first dulls the field, then begins to soften the cheekbone of the Indian and the breast of the eagle. Strike-wise, the 1908-D is often described as a touch softer on the obverse than the Philadelphia issue and slightly cleaner on the reverse, with feather detail near the eagle's breast occasionally light. Authentic pieces weigh 8.359 grams in 90 percent gold and measure 21.6 millimeters across; specific gravity should land near 17.16, which separates a genuine coin from gilt or alloyed copies without disturbing the surface.

For collectors today the 1908-D fills the role of the affordable, historically important entry point into the Pratt half eagle series. Circulated examples are reachable, low Mint State coins turn up in major auctions on a regular basis, and the date is genuinely scarce only at the gem level, where the recessed design exposes every contact mark. Anyone planning a date set will likely buy this coin before the 1908-S or the 1929 finale, and most Denver-mint Renaissance gold collections start here. For the broader context of the issue, see the Indian Head Half Eagle series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G)
VG-8 Very Good (VG)
F-12 Fine (F)
VF-20 Very Fine (VF) $955 $1,100
EF-40 Extremely Fine (EF) $975 $1,125
AU-50 About Uncirculated (AU) $1,000 $1,155
MS-60 Uncirculated (MS) $1,130 $1,300
MS-63 Choice Uncirculated (MS) $2,205 $2,335
Frequently Asked QuestionsFAQ
How much is a 1908-D Indian Head Gold $5 Half Eagle worth?
In Very Fine condition it runs about $955–$1,100, rising to roughly $1,130–$1,300 in Uncirculated. These are reference values, not an appraisal.
How many 1908-D Indian Head Gold $5 Half Eagles were minted?
148,000 were struck.
What is a 1908-D Indian Head Gold $5 Half Eagle made of?
90% Gold, 10% Copper, weighing 8.359 g.
What is the melt value of a 1908-D Indian Head Gold $5 Half Eagle?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1908-D Indian Head Gold $5 Half Eagle a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.