Gold is not a common precious metal in modern circulation currency, but it does remain a popular metal for the production of commemorative coins. However, in the past gold was the most popular precious metal used in circulation currency, especially during the 19th century in America. Today, you can purchase a $2.50 Indian Gold Quarter Eagle from Silver.com.
- Consists of .1209 ounces of .900 pure gold.
- Issued by the United States Mint with a face value of $2.50 (USD).
- Available now in Almost Uncirculated condition.
- Struck for just 21 years in total.
- Limited availability as a Pre-1933 coin.
- Ships in a protective plastic flip.
As a Pre-1933 gold coin, it is pure luck that there are any of these $2.50 Indian Gold Quarter Eagles available today. In 1933, President Franklin Roosevelt ordered the collection of all gold coins in circulation in the United States. The collected coins were melted down into gold bars to boost the nation’s reserves in the depth of the Great Depression.
These $2.50 Indian Gold Quarter Eagles are among a few thousand to have survived the recall. Indian Gold Quarter Eagles were struck between 1908 and 1929. Each coin in the series featured a unique, incuse design. Rather than being struck to create a raised design, these coins feature a stamped appearance, with a recessed image.
On the obverse side of the coin is the left-profile portrait of a Native American chieftain in a full headdress. The image, created by Bela Lyon Pratt, features 13 stars around the chieftain’s head, the word “Liberty” above, and the year of minting below.
The reverse side of the coin bears the image of a bald eagle perched atop a quiver of arrows, which itself is wrapped in an olive branch. The engravings “United States of America,” “E Pluribus Unum,” “In God We Trust,” and “2 ½ Dollars” are included on this side of the coin.
Each of these coins is available in Almost Uncirculated condition, which means they show only minimal signs of wear on the highest points of the coin, and perhaps minor blemishes or spotting. Indian Quarter Eagles were produced by the US Mint at the Philadelphia Mint and Denver Mint.
If you have questions for a Silver.com associate, feel free to contact us at 888-989-7223, reach out to us online through our live chat, or send us an email. If you are looking for similar products, be sure to visit the Pre-1933 Gold Coins page of Silver.com.