There were numerous gold coins produced by the United States Mint throughout its history, and many of those were struck following the discovery of gold in California in 1849. Among the rarest coins are the Pre-1933 $2.50 Indian Gold Quarter Eagles, which are now available through Silver.com.
- Contains .1209 ounces of .900 fine gold.
- Struck by the US Mint with a face value of $2.50 (USD).
- Available in Very Fine condition.
- Designed by Bela Lyon Pratt.
These coins are not rare because of their gold content or the fact that they were struck over 100 years ago. Rather, their rarity is courtesy of the Great Depression. In an effort to combat the financial woes of the Depression, President Franklin Roosevelt ordered the collection of all gold coins in circulation so they could be melted into gold bars. Those coins that survived are now among the rarest in the world.
Pre-1933 $2.50 Indian Gold Quarter Eagles were produced by the United States Mint between 1908 and 1929. The $2.50 Indian Gold Quarter Eagles were the second variety of $2.50 coins produced by the US Mint, and directly followed the Liberty Gold Quarter Eagles of the same face value.
On the obverse side of the coin is the image of a Native American chieftain in full headdress. The original American colonies are represented by 13 stars around his image, with the year of minting included below. On the reverse side, a unique depiction of the bald eagle. With a stoic stance, the eagle is featured atop a quiver of arrows wrapped in an olive branch.
These coins are available today in Very Fine condition. Coins with a VF grade feature light to medium wear on the minor features of the coin, while the major features remain sharp. These coins are unique in American history for the use of incuse-relief coining. The process resulted in design images that are inset on the coin’s surface.
The United States Mint produced these coins at the Philadelphia Mint and Denver Mint. Coins struck in Philadelphia feature no mint mark, while Denver coins have a “D” mint mark.
If you have questions for a Silver.com associate, we encourage you to reach out to us at 888-989-7223, chat with us online through our website’s live service, or send us an email. If you are looking for related products, check out the Pre-1933 Gold Coin page of Silver.com.