$2.50 Indian Head Gold MS-62 Coin (Random Year)

Pricing:

QUANTITY E-CHECK/WIRE CC/PAYPAL
Any $576.47 $600.51
Availability: Accepting Orders
Authenticity Guaranteed
Get Our Free Gold and Silver Investors Guide

Get Our Free
Gold & Silver
Investor's
Guide

Description:

After respected sculptor Augustus Saint-Gaudens' eagle and double eagle coins started circulating, it was assumed that his acclaimed design for the latter would make it to the half eagle and quarter eagle pieces, too. However, the U.S. Mint ultimately decided on a different strategy. Saint-Gaudens finished his double eagle design shortly ahead of his death in 1907. That design, which showed Liberty walking in the viewer's direction, looked difficult to properly scale down for the smaller pieces, however.

At the preparatory stage the Mint's then-Chief Engraver, Charles Barber, commented that placing all of the legally mandatory legends on these new coins would be challenging. While the double eagle's edge reads "E Pluribus Unum," transferring this placing would have been impractical. However, in May 1907, before the double eagle had even begun circulating, the ruling U.S. President Theodore Roosevelt, had already decided to depart from a major tradition. He opted for the eagle and double eagle to differ in design; accounting for this, it perhaps shouldn't significantly surprise that he later decided on an unorthodox method of production for upcoming coins.

Those coins, the quarter eagle and half eagle, would be depressed, rather than raised, in design. It was deemed that this would help in preserving each piece's flat plane. It was also believed that this approach would make the coins easier to stack. Though after they were released, numismatist Samuel Chapman cited an inadequate ability to stack was, in his view, one of the coins' drawbacks. Bela Pratt, a Boston sculptor, was handed the responsibility of making these coins' obverse design, which depicts a male Indian wearing an elaborate headdress. Inspiration for this design came from a photograph of an Indian, whose identity is unknown, from Pratt's photo collection.

To Pratt's design, Barber made some changes which were not appreciated by the original sculptor. After seeing produced versions of the new coins, Pratt complained, writing to his mother that the U.S. Mint had "knocked spots" out of his design, which he had previously been "proud of." He branded Barber a "butcher or blacksmith" and opined that the Mint's staff "made a mess." This "mess" has not, however, prevented the design from attracting praise in the time since. Cornelius Vermeule, an art historian, hailed this design as daring and rich in imagination compared to many other U.S. coins, and said that Pratt warranted admiration for his coins and medals.

You could readily become an Indian quarter eagle admirer yourself when an MS62 form of that coin reaches you. This can occur after you have ordered such a piece from our stock; however, first check that we do have supply of an Indian Head quarter eagle of MS62 condition. The design's various intricate details are recessed in 4.18g-weight metal, including .900 gold. Also included with the 0.12094 troy ounce gold content is 10 percent copper. Don't expect the coin to arrive showing a rare date, however. It will be a more easily obtainable "common date" piece, an ideal coin with which to enjoy a novice-friendly start to coin-collecting endeavors.

Orders placed for products that are not a specific year will be fulfilled with coins of any date, based on availability. Orders of multiple coins may be filled with the same year or a variety of years.

Specifications:

More Information
Product Type Coin
Coin Series Pre-33 Gold
Purity 90%
Mint/Refinery U.S. Mint
Metal Type Gold
Face Value $2.50
Grade MS62
Coin Type Certified
Modern or Historical Pre-33
Grade Service NGC
Year Varies
Metal Weight 0.1209 oz

Latest Blog Posts

What is Palladium Worth?
WHAT IS THE PRICE OF PALLADIUM?
Read now to uncover the secrets to smart palladium investments. Stay ahead in the market game with insights into palladium prices and...
Read more
September 25, 2023
211 view(s)
How to buy precious metals
HOW TO BUY & INVEST IN PRECIOUS METALS | Investment Guide
Read now for expert tips on investing in precious metals and protecting your wealth and savings. Start buying precious metals...
Read more
September 18, 2023
212 view(s)
CAN YOU BUY GOLD OR SILVER FROM A BANK?
CAN YOU BUY GOLD OR SILVER FROM A BANK?
Explore the pros and cons of purchasing gold or silver from banks and understand why investors should add these timeless assets to their...
Read more
September 14, 2023
561 view(s)
Is Gold or Silver a Better Investment?
Which is a Better Investment, Gold or Silver? | Part 2
Watch now to explore the age-old debate: gold vs. silver investments. In this follow-up, you’ll find the ideal choice for your wealth...
Read more
September 14, 2023
382 view(s)