MINUTEMAN
RARE COIN
COMPANY
(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. In 1796, the $2.50 denomination was the third gold coin released by the U.S. Mint for circulation.
In 1929, the $2.50 Gold Quarter Eagle denomination ended its 133-year run with the release of the Indian Head, becoming the last of its kind.
The coin is comparable in size to the modern-day dime. The $2.50 Gold piece was the smallest denomination Gold coin in circulation until the $1 Gold piece was released in 1849.
The $2.50 Gold piece 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 $2.50 Indian Head Quarter Eagle, the main Mint in Philadelphia and the Denver Mint from 1908 to 1915 and 1925 to 1929. There are only 15 date and mintmark combinations in the series.
This series is one of the shortest lengthwise in U.S. gold coinage history and is the only 20th-century Gold coin series that a broader range of investors or collectors can realistically expect to complete in mid to high-certified Uncirculated Mint State condition.
​
At Minuteman Rare Coin Company, with our experience and expertise, our clients own some of the finest, historical, and most valuable Gold $2.50 Indian Head Quarter Eagles.
​
Assembling and completing ASAP the early 20th-century classic Gold $2.50 Indian Head Quarter Eagle series is our strongest and highest Gold rare coin series acquisition recommendation.
When Theodore Roosevelt became President of the United States in 1904, he vigorously advocated redesigning the four Gold coins in circulation.
The $2.50 Liberty Head Quarter Eagle, $5 Liberty Head Half Eagle, $10 Liberty Head Eagle, and $20 Liberty Head Double Eagle.
The Coronet Liberty Head's design roots came from the mid-19th century. The $2.50 Quarter Eagle had gone without a significant design change in 70 years.
President Roosevelt commissioned sculptor Augustus Saint-Gaudens to redesign all four Gold coins in circulation. Unfortunately, he passed away after completing only two designs for the $10 and $20 Liberty Gold pieces.
The $10 Gold Indian Head Eagle and the $20 Gold Saint-Gaudens Double Eagle were released in 1907.
​
After the passing of St. Gaudens, Roosevelt commissioned Boston sculptor Bela Lyon Pratt to redesign the two remaining Gold coins, the $2.50 Liberty Quarter Eagle and the $5 Liberty Head Half Eagle.
Bela Lyon Pratt created designs for the Gold $2.50 Indian Head Quarter Eagle and the $5 Indian Head Half Eagle with a new innovative "incuse" design or "sunken relief."
The design was pressed into the coin's surface rather than raised above it, as in the traditional coin press technique.
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 genuinely rare, 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 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. A denomination that dates back to 1796 as the third Gold coin produced and released for circulation by the U.S. Mint.
SUMMARY:
Our position on the $2.50 Indian Head Quarter Eagle is, with current market conditions and the current value level of the series, it is prime for assembling and completing in certified MS-63 condition and higher as soon as possible.
As far as an exceptional investment opportunity with tremendous upside for growth in value and price appreciation, a 15-coin Gold $2.50 Indian Head Quarter Eagle series has a lot going for it, and here is why:
One of the remarkable aspects of this series is that there is not one date and mintmark with a mintage figure of over 1 million. The 1911 minted at Philadelphia has the highest mintage figure of only 722,000, well below the 1 million mark.
When you combine the entire series's total mintage and divide it on a per-coin basis, it has an astoundingly low mintage per-coin average of only 483,351!
As little as three years ago, this series, in completed certified Mint State condition ranging from MS-63 to MS-65+ of the $2.50 Indian Head Quarter Eagle, was trading at twice its current market value.
We cannot stress enough that now is the time to assemble this series. We strongly recommend not hesitating to move forward with this acquisition.
MINUTEMAN RARE COIN
NUMISMATICS:
We invite you to join our collector and investors community and assemble the most historically significant, valuable, and rewarding $2.50 Indian Head Quarter Eagle Coin collection you can afford. A collection that will enrich your life and bring you joy for years to come!
Sign-up with us and gain access to our expert advice on United States Rare Gold and Silver coins and stay informed about the latest market trends. Gain valuable collecting and investing insights from our numismatic expertise here at Minuteman Rare Coin Numismatics.
Our expert numismatic collecting and investing advice will help you make informed decisions, choose the "right" coins and navigate the exciting world of rare coins.
Don't miss this opportunity to expand your knowledge and begin or enhance your coin collection or investment portfolio. Simply press the Sign-up button below and embark on a journey of numismatic discovery with our trusted experts.
Sign-up now and unlock the key to success in the exciting world of U.S. Rare Gold & Silver coins. Happy collecting and investing!
What's the number one piece of advice we give our clients?
​
"Always acquire the best coins you can afford and always choose quality over quantity!"
