1. Gold Content:
- The 1914 Indian head gold piece is made of .900 fine gold, meaning it contains 90% pure gold and 10% alloy metals.
- The coin weighs about 8.359 grams, and the gold content alone can be valued based on the prevailing gold price.
2. Rarity:
- The 1914 Indian head gold piece has a mintage of 215,500 coins. While this makes it less rare compared to certain other Indian head gold coins, its rarity can still command a premium.
3. Condition:
- The condition of a coin plays a significant role in determining its value. Factors such as wear, surface damage, scratches, or dents can affect the overall grade and value of the piece.
- Coins in uncirculated or higher grade conditions are typically more valuable than heavily worn or circulated pieces.
4. Numismatic Value:
- Indian head gold coins are collected by many numismatists due to their historical significance and attractive design.
- Well-preserved and certified pieces can sometimes command higher prices among collectors, especially if they exhibit desirable features like mint luster, full strike, or special mint marks.
Approximate Value:
- Given these factors, the value of a 1914 five dollar Indian head gold piece can range from a few hundred dollars for well-worn pieces to several thousand dollars or more for certified, uncirculated coins.
- However, it's essential to consult with reputable coin dealers or professional numismatists to obtain a precise valuation based on the coin's specific condition and market conditions at the time of appraisal.