MINUTEMAN
RARE COIN
(339) 222-4571
$2.50 INDIAN HEAD QUARTER EAGLE 1908-1915 & 1925-1929
In 1908, the $2.50 Gold Indian Head Quarter Eagle replaced the long-running $2.50 Liberty Head Quarter Eagle design. In 1796, the $2.50 denomination was the third gold coin the United States Mint released for circulation.
In 1929, the $2.50 Gold Quarter Eagle denomination ended its 133-year run with the release of the 1929 Indian Head, becoming the last of its kind.
The coin is comparable in size to the modern-day dime. From 1796 to 1849, the $2.50 quarter eagle was the smallest denomination gold coin in circulation until the $1 gold piece was introduced in 1849.
The $2.50 quarter eagle was a mainstay within the United States monetary system from 1796 until 1929. The quarter eagle denomination survived through war, political upheaval, and depressions.
Only two facilities produced the gold $2.50 Indian Head quarter eagle. The main Mint in Philadelphia produced the coin from 1908 to 1915 and 1925 to 1929, and the Denver Mint in 1911, 1914, and 1925. There are only 14 date and mintmark combinations in the series, 15 if you include the 1911-D with a weakly struck mintmark.
This series is one of the shortest lengthwise in U.S. gold coinage history and is the only realistic 20th-century gold coin series that a broader range of collectors and investors can expect to complete in mid to high-certified Uncirculated Mint State condition.
​
The most expensive coin in the series is the 1911-D (strong), which means the mintmark is well-struck and firmly visible to the naked eye. It should come as no surprise that the 1911-D is also the rarest coin in the series and has the lowest mintage of 55,680.
​
The price of the 1911-D rises significantly once you begin to climb the rare coin grading scale into Uncirculated Mint State condition. With such a low mintage output and low survival rate, it is not uncommon for collectors and investors to acquire this coin in mid to high AU-55 to 58 (About Uncirculated) condition.
​
At Minuteman Rare Coin, with our experience and expertise, our clients own some of the finest, historically significant, and valuable gold $2.50 Indian Head quarter eagles.
​
Assembling and completing this early 20th-century classic gold $2.50 Indian Head quarter eagle series ASAP, is our strongest and highest gold rare coin series acquisition recommendation.
When Theodore Roosevelt assumed the presidency of the States in 1904, he strongly advocated for a redesign of the four gold coins in circulation: the $2.50 Liberty Head Quarter Eagle, $5 Liberty Head Half Eagle, $10 Liberty Head Eagle, and the $20 Liberty Head Double Eagle.
The design of the (Coronet) Liberty Head dates back to the mid-19th century, and the $2.50 Quarter Eagle had not seen a significant redesign in 70 years. Roosevelt enlisted sculptor Augustus Saint-Gaudens to revamp all four gold coins, but he sadly passed away after completing only the $10 and $20 designs.
The $10 Gold Indian Head Eagle and the $20 Gold Saint-Gaudens Double Eagle were introduced in 1907.
Following Saint-Gaudens' death, Roosevelt tasked Boston sculptor Bela Lyon Pratt with redesigning the remaining coins, resulting in the innovative and daring "incuse" design for the $2.50 Indian Head Quarter Eagle and the $5 Indian Head Half Eagle, where the design was pressed into the coin's surface rather than raised.
The gold Indian Head quarter eagle was issued annually from 1908 to 1915 and 1925 to 1929. The Mint suspended production in 1916 due to the rising price of Gold and the uncertainty and inevitable entry into WWI.
When production resumed a decade later in 1925, the Gold $2.50 Indian Head quarter eagle was minted consecutively for five additional years.
In 1929, the series was one of the many victims of that year's Wall Street crash as the Great Depression began to take hold of the country.
KEY DATE $2.50 INDIAN HEAD QUARTER EAGLES
The 1911-D (Denver) is the series' key date coin with a mintage of only 55,680. Finding this coin in certified higher Mint State condition is challenging but is obtainable.
​
The 1914 specimen is a semi-key date with the second-lowest mintage in the series. Like the 1911-D, this coin is hard to obtain in certified higher Mint State condition, but not impossible.
​
The 1914-D is a true "condition rarity." Even though it had a mintage of 448,000, it experienced wide circulation and mass melting. This coin in higher Mint State condition (MS-63 and above) is much more difficult to find than most people realize.
Gems are rare to scarce, and superb specimens are essentially unobtainable.
The 1929 issue is a rarity not reflected in its mintage of 668,000, as very few pieces were released into circulation. The coins that weren't released went straight into the melting pot in the early 1930s, along with millions of other gold coins, to combat the Great Depression.
EXECUTIVE ORDER 6102
In 1933, President Franklin Roosevelt signed Executive Order 6102, which issued a gold recall of all privately held gold coins, bullion, and certificates. Citizens were ordered to turn in the gold they owned or had in any form in exchange for federally issued paper currency.
It became illegal for citizens to own or possess gold in any form exceeding $100.
​
The order also stated that the U.S. Treasury would no longer issue gold to produce gold coins for circulation and use as currency. All gold coins were ordered to be removed from circulation.
​
Order 6102 removed the United States from the gold standard, and federally issued paper currency would no longer be backed by gold.
Roosevelt's actions sealed the fate of the $2.50 Quarter Eagle. The $2.50 denomination dates back to 1796 as the third gold coin produced and released by the U.S. Mint for circulation.
SUMMARY:
Currently, our outlook on the $2.50 Indian quarter eagle is highly optimistic given the market conditions. The series is well-positioned for collection and completion in certified MS-63 condition or higher.
This 14-coin gold $2.50 Indian Head Quarter Eagle series presents an exceptional investment opportunity with significant potential for value and price appreciation.
Notably, every date and mintmark in this series has a mintage of less than 1 million, with the 1911 Philadelphia mint with a mintage of highest of only 722,000.
When considering the total mintage across the series, the average mintage per coin is an impressively low 483,351!
Just three years ago, this series in certified Mint State condition (MS-63 to MS-65+) was valued at double its current market value.
We strongly believe that now is the perfect time to start assembling this series!
MINUTEMAN
RARE COIN:
Are you ready to embark on an exciting journey of numismatic discovery?
Join our exclusive and vibrant community of rare coin collectors and investors today and begin assembling a collection of historically significant, valuable, and rewarding $2.50 Indian quarter eagles that are tailored to fit your goals, interests, and budget!
With Minuteman Coin by your side, you'll gain access to expert guidance and insights on the latest in United States rare gold and silver coins.
Don't miss out on this incredible opportunity to expand your knowledge and unlock the keys to success in the exciting and historic world of Uinited States rare gold and silver coins.
Sign up now and start your rare coin journey of discovery with us today!