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Obverse Description
The obverse features the portrait of a Native American chieftain in formal headdress struck incuse with the words LIBERTY at the top and the date at the bottom. 13 stars frame the left and right sides: 6 at left and 7 on the right.
Reverse Description
The traditional American eagle struck incuse in the center with the words, UNITED STATES OF AMERICA at top, E PLURIBUS UNUM left of the eagle, and IN GOD WE TRUST to the right of the eagle. The denomination 2 1/2 DOLLARS struck below the eagle.
Book Reference
Designer: Bela Lyon Pratt. Weight: 4.18 grams. Composition: .900 gold, .100 copper (net weight .12094 oz. pure gold). Diameter: 18 mm. Edge: Reeded. Mints: Philadelphia, Denver.
Key to Collecting: Seeking to complete the gold series, President Roosevelt approved the Indian Head design created by Bela Lyon Pratt, a former student of Augustus SaintGaudens. Roosevelt liked it immediately. Pratt adapted the standing eagle motif used on Saint-Gaudens’s 1907 $10. As a matter of convenience, the Mint decided to use the same basic motifs for the $2.50, although this was not Pratt’s original commission.
When news of the coins was published in 1908 it took the numismatic community by surprise. Collectors and dealers were virtually unanimous in condemning the designs, which seemed to fall far short of the highly acclaimed Saint-Gaudens $10 and $20 issued in the previous year. As might be expected, only a few numismatists collected the series. Years later, when they became popular there were few choice pieces around, this being especially true of those dated 1909 to 1915.
Circulated coins are plentiful in EF and AU grades, often with luster in the recessed areas.
Aspects of Striking and Appearance: Striking varies. Look for weakness on the high parts of the Indian’s bonnet and in the feather details in the headdress. On the reverse, check the feathers on the highest area of the wing. Some pieces struck from worn dies are apt to have grainy or granular fields, this being more true of dates in the 1920’s than for earlier issues.
Proof Coins: Sand Blast Proofs were made in 1908 and 1911 to 1915, while Satin Finish Proofs were made of 1909 and 1910. When seen, these are usually in higher Proof grades, 64 and above.
Catalog Information
GSID:
74142
Designer:
Bella Lyon Pratt
Obverse Designer:
Bela Lyon Pratt
Obverse Lettering:
LIBERTY, [Date]
Reverse Designer:
Beyla Lyon Pratt
Reverse Lettering:
UNITED STATES OF AMERICA, E PLURIBUS UNUM, IN GOD WE TRUST, 2 1/2 DOLLARS
Fineness:
0.9
Weight (gr):
4.18 gr
Weight (oz):
0.1344 oz
Precious Metal Weight:
0.121 oz
Strike Type:
Proof
Diameter:
18
Coin Shape:
Round
Edge:
Reeded
Variety:
1908-1915
Coin Date:
Indian Gold Quarter Eagle
Denomination:
$2 1/2
Designation:
PR
Mint Location:
Philadelphia
Coinage Type:
Gold Quarter Eagle
Coinage Years:
1908-1929
Composition:
90% gold; 10% silver & copper
PCGS #:
7956
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Coin Value History
Indian Gold Quarter Eagle $2 1/2 1908-1915 PR [Type]
Value By Grade
Indian Gold Quarter Eagle $2 1/2 1908-1915 PR [Type]
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR68 |
|
$105,000 | $1,234 |
| PR68 | - | $81,500 | $1,234 |
| PR67 |
|
$1,234 | $1,234 |
| PR67 | - | $1,234 | $1,234 |
| PR66 |
|
$1,234 | $1,234 |
| PR66 | - | $1,234 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
| PR62 |
|
$1,234 | $1,234 |
| PR62 | - | $1,234 | $1,234 |
| PR61 |
|
$1,234 | $1,234 |
| PR61 | - | $1,234 | $1,234 |
| PR60 |
|
$1,234 | $1,234 |
| PR60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
1908 $2 1/2 PR
Worth: $5,400 – $87,500
1909 $2 1/2 PR
Worth: $5,400 – $125,000
1910 $2 1/2 PR
Worth: $5,400 – $92,500
1911 $2 1/2 PR
Worth: $5,400 – $87,500
1912 $2 1/2 PR
Worth: $5,400 – $87,500
1913 $2 1/2 PR
Worth: $5,400 – $87,500
1914 $2 1/2 PR
Worth: $5,400 – $90,000
1915 $2 1/2 PR
Worth: $5,400 – $96,000
1908 $2 1/2 JD-1, R.4, PR67 NGC. ...
$35,380
1911 $2 1/2 JD-1, R.4, PR68 NGC. ...
$51,240
1912 $2 1/2 JD-1, R.4, PR66 PCGS....
$32,400
1915 $2 1/2 PR64 PCGS. CAC. JD-1, Low R.5....
$21,000
1909 $2 1/2 PR65+ NGC. CAC. JD-1, High R.4....
$66,000
1911 $2 1/2 PR62 NGC. JD-1, R.4. ...
$6,600
1909 $2 1/2 PR63 NGC. CAC. JD-1, High R.4. ...
$12,600
1908 $2 1/2 PR58 PCGS. ...
$5,170
1912 $2 1/2 -- Altered Surfaces -- Genuine PCGS. Proof, Unc. Details. ...
$2,585
1914 $2 1/2 PR61 PCGS. ...
$9,775
$2,925
1911 $2 1/2
$1,322
1908 $2 1/2 PR67 PCGS. CAC. JD-1, R.4....
$49,200
1911 $2 1/2 PR68 NGC. JD-1. ...
$54,000
1908 $2 1/2 PR66 PCGS. JD-1, R.4....
$30,000
1909 $2 1/2 PR64 PCGS. CAC. JD-1, High R.4. ...
$25,200
1912 $2 1/2 PR65 PCGS. JD-1, R.4....
$28,800
1911 $2 1/2 PR62 PCGS. ...
$6,900
1908 $2 1/2 PR63 PCGS. JD-1, R.4. ...
$9,600
1908 $2 1/2 PR58 PCGS. ...
$4,406
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