1908 $2.50 Indian Head Quarter Eagle Gold Coin
90% Gold Coin
- Lot number 4514747
- Total views 27
- Total bids 24
- Winning bid $465.00
- Buyer's premium $79.05
- Total $544.05
- COIN NO RESERVE
Please see the images for details regarding the condition of the coin.
The quarter eagle was a gold coin issued by the United States, from 1908 to 1915, with a denomination of two hundred and fifty cents, or two dollars and fifty cents. It was given its name in the Coinage Act of 1792, as a derivation from the US ten-dollar eagle coin.
These smaller denomination coins circulated widely throughout the United States. Minted for a brief 13 years, the $2.50 Indian is one of the shortest-lived series in U.S. numismatics, making it an appealing investment and collector’s item. Combining their age, historical value and limited production make these coins a desirable addition to any investment portfolio or numismatic collection.
Designed by Bela Lyon Pratt, a student of Augustus Saint-Gaudens, the $2.50 Indian features legends and motifs that are incused rather than raised on the coin, making them one of only two U.S. coins minted in this manner. The obverse features a stoic Indian chief profile, surrounded by 13 small stars and the word "Liberty" along with the date. The reverse shows a regal bald eagle with a cluster of arrows and an olive branch, symbolic of war and peace, beneath the eagle’s talons.
With their sunken-relief design, these coins are a sure way to add instant value to any collection or investment portfolio. These coins were commonly used as currency before President Franklin Roosevelt required Americans to turn in their Gold coins to be melted into bars to help combat the Great Depression. The recall of Gold makes these coins a rare find.
Due to the uniqueness of each item, please refer to the photos provided in this auction. We offer high resolution images of each item rather than a written description of condition.
This item is being shipped from the Pristine Auction warehouse.