I've always wanted to add a US gold coin (preferably pre-33) to my collection, but got into ancient coins since 2020, and my focus on modern coins took a backseat. Now that I believe I've completed my ancient coin collection with my current want-list coins, I'm refocusing on modern coins. Where I live, the $10 and $20 coins are out of my budget, and the $1 and $2.5 coins have very high premiums relative to their gold content, some even cost as much as a full sovereign! While I don't consider bullion value for collectible coins, I also didn't want to overpay, so the $5 coin seemed to be the perfect choice. Even though the coronet head $5 coins have lower premiums, I chose this type for its unique incuse design and the rustic appearance of the chief, which has always intrigued me.
I built a $2.50 gold Indian collection well before the current price explosion. I found that the $2.50 Gold Indian was the only gold coin series that could be assembled. I even have the 1911-D, strong D so the only one I don’t have is the weak D. Maybe one day.
That's a very handsome coin. I like the color and overall look of it. My example for the type happens to be an error coin. Note the depression over "E DO" in FIVE DOLLARS. It was struck through some kind of foreign object there, though I'm not sure what.
