Pre-33 $2.50 Indian Gold Quarter Eagle Coin (MS61, PCGS or NGC)

Pre-33 $2.50 Indian Gold Quarter Eagle Coin (MS61, PCGS or NGC)

Among America’s first coin series from the United States Mint was the collection of gold coins issued using the terminology “eagle.” These gold coins were the first-ever circulation US coinage from the mint and remained in circulation from introduction in 1795 to the end of US gold coining in 1933. The Pre-33 $2.50 Indian Gold Quarter Eagle Coin is now available to you for purchase online from GP Bullion.

Coin Highlights:

• Arrives in a protective plastic slab from the NGC or PCGS.
• Indian Quarter Eagle struck from 1908 to 1929!
• Contains .121 Troy oz of actual gold content.
• Issued a face value of $2.50 (USD) by the United States.
• Obverse features the left-profile portrait of a Native American.
• Reverse features the popular American bald eagle design of the era.
• Designed by Bela Lyon Pratt.

America’s first gold coin series was referred to as the gold eagle, with the base denomination of an eagle set at $10 (USD). Other issues in the long-running gold coin collection were referred to as double eagles ($20), half eagles ($5), and these Pre-33 Indian Gold Quarter Eagle coins with a $2.50 face value.

The Gold Eagle series of coins had varying designs of Liberty on the obverse from 1795 until the introduction of 1907 and 1908 designs across the collection. The Turban Head design was the first on the Gold Eagle ($10) and variations known as the Capped Bust later appeared on the double, half, and quarter-eagles.

In 1908, Boston sculptor Bela Lyon Pratt developed a new “Indian Head” design for the Half Eagle and Pre-33 $2.50 Indian Gold Quarter Eagle coin. Other variations on the “Indian Head” design appeared on the larger eagles in the collection, but Pratt’s design was used on the quarter eagle from 1908 to 1929, and the half eagle from 1908 to 1916, and again in 1929.

n the obverse of the Pre-33 $2.50 Indian Gold Quarter Eagle Coin is that left-profile portrait of a Native American. Unlike many other gold coins of the day, the design and its included engravings of 13 stars, the word “Liberty,” and the year of issue are sunken into the planchet at striking. These coins have no raised edges.

The reverse of all Indian Gold Quarter Eagle Coins features the image of an American bald eagle standing on a quiver of arrows with an olive branch wrapped around it. Engravings include the national motto, nation of issue, and face value of the coin as “2 ½ Dollars.”

Coins in this listing are in Mint State 61 condition according to the Numismatic Guaranty Corporation or Professional Coin Grading Service. MS61 coins have mint luster that is diminished or noticeably impaired. The surface likely has clusters of large and small contact marks, and hairlines are very noticeable.