1929 $2.50 Indian Head Quarter Eagle PCGS MS63 (CAC)

Attractive example from the last year of the series!

Here’s an interesting piece. This Indian head quarter eagle is a precious golden treasure that would look fantastic in your collection. PCGS has graded 4,870 as MS63 with 2,966 finer. Collectors Universe has given this issue a price of $725.00 in MS63. In CAC, there are 300 in MS63 with 497 finer. CAC prices this issue at $765.00 in MS63.

Noted numismatic scholar and art critic Cornelius Vermeule writes, "Bela Lyon Pratt of Boston presented a novel coin.... an Indian brave in war bonnet adorns the obverse, and [a] Ptolemaic eagle with wings closed walks along on the reverse...The innovations [on this coin] was one of technique as much as design. Instead of being modeled in relief within a protecting rim, the Indian, the eagle, and the lettering were sunken in incuse or engraved in the uniformly flat plane of the coin .... the [coin shows] more imagination and daring of design than almost any other issue in American history." This series was struck from 1908 through 1929.

Bela Lyon Pratt, who created this beautiful coin design. Photo: Wikimedia Commons.