Bela Lyon Pratt’s design of the $2½ Indian Head Quarter Eagle Gold Coin replaced the Liberty Head design which had been in use for the $2.50 gold piece since 1840. Minted between 1908 and 1929 (with production suspended from 1916-1924 due to World War I), Pratt’s design (shared with the $5 “Half Eagle”) was the only one in US coinage history to use the “incuse relief” style of engraving of the ancient Egyptians. In this method, the features of the coin are recessed into the field. Controversial at the time, the design prevailed in part due to the support of President Theodore Roosevelt. Made with .1209 oz of gold, the Indian Head Quarter Eagle ceased production in 1929 after the Wall Street crash. Gainesville Coins offers Raw Indian Head Quarter Eagle AU Gold Coins to the public. “Raw” is the numismatic term for coins that have not been graded by a professional grading service. “AU” signifies the “Almost Uncirculated” general quality of these coins.
The coin features an Indian wearing a battle headdress on the obverse. "LIBERTY" is boldly proclaimed above the Indian. Below him is the date, along with the designer's initials. The original 13 colonies are represented by 13 stars around the bust. An eagle on a bundle of arrows, holding an olive branch is the image on the reverse. The country "UNITED STATES OF AMERICA" is shown above the eagle, and the denomination "2 1/2 DOLLARS" is shown below. The motto "E PLURIBUS UNUM" is on the left of the eagle, while the motto "IN GOD WE TRUST" is on the right.
The first coins to have a sunken design, the $2.5 Indian Gold Quarter Eagles are unique. Minted only in the Philadelphia and Denver facilities, only the Denver coins will contain a mint mark, "D." Instead of the typically raised design, the design on these coins is pushed into the coin by the die. This special feature makes the grading process rather difficult.
Coin date varies and is randomly chosen from available inventory.