In the depths of the Great Depression, the United States government pursued drastic courses of action to try and stem the tide of financial distress in the nation. Among the more unfortunate actions was the collection and melting of some of the nation’s well-designed coins. Those that survived are now in high demand among investors and collectors, and the $2.50 Indian Gold Quarter Eagle is now available through Silver.com.
Coin Highlights:
- Ships in a protective plastic flip.
- Consists of .12094 ounces of .900 pure gold.
- Struck by the United States Mint with a face value of $2.50 (USD).
- Available in this listing in Brilliant Uncirculated condition.
- Struck for a total of 21 years.
- Limited availability as a Pre-1933 coin.
American gold coins were not popular in the nation’s early history because of the rarity of the precious metal. Following the discovery of gold in the Carolinas and Georgia during the 1830s, the nation saw its first gold coins produced in greater quantities. The California Gold Rush of 1849 flooded the Treasury Department with gold, and more gold coins entered production.
Among the most popular in American history is the $2.50 Indian Gold Quarter Eagle. Struck by the United States Mint between 1908 and 1929, these coins feature a unique, incuse design. While most coins are struck in coin presses to produce a raised design feature, these coins were struck in a manner that created recessed images on the coin’s surface.
The obverse side of each coin bears the image of a Native American. The chieftain bears a full headdress on his head, with 13 stars encircling him, “Liberty” over his head, and the year of minting struck below. On the reverse is the image of a bald eagle atop a quiver of arrows. The arrows of war are wrapped in the olive branch of peace. Classic American phrases surround the image on this side, as does the face value of the coin.
Each of these coins is available in Brilliant Uncirculated condition, with no signs of wear and only minimal spotting or blemishes possible on the surface. These coins were produced at only two facilities: the Philadelphia Mint or Denver Mint.
We encourage you to reach out to a Silver.com associate if you have a question. You can reach us at 888-989-7223, online through our live web chat, or via email. If you are interested in similar products, check out other Pre-1933 Gold Coins on Silver.com.
