1929 $2.50 Indian Head Quarter Eagle PCGS MS63 (CAC)
David Akers writes, “The strike on a typical 1929 is very good … Lustre is nearly always very good to excellent and the color is most often a rich yellow gold with a greenish tint."
PCGS has graded 4,935 as MS63 with 2,992 finer. Collector's Universe prices this issue at $800.00 in MS63. In CAC, there are 307 in MS63 with 512 finer. CAC gives this issue a price of $775.00 in MS63.
The beginning of the Great Depression brought an end to this short-lived coin series. 1929 was the last year of mintage and this issue can be found in ample quantities. Most are well struck with great luster. Writes Jeff Garrett, “For some reason, this date is found with more than average bag marks. At the Gem level, it is actually somewhat rarer than the other dates from 1925 to 1928.”
The Third Philadelphia Mint, where this attractive piece was struck in 1929. Photo: Wikimedia Commons.
PCGS # | 7953 |
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Grading Service | PCGS |
Year of Issue | 1929 |
Grade | MS63 |
Denom Type | Indian Head $2.5 |
Numeric Denomination | $2.50 |
Mint Location | Philadelphia |
Designation | NONE |
Circ/UnCirc | Uncirculated |
Strike Type | Business |
Grade Add On | CAC |
Holder Type | N/A |
Population | 4,924 (307 @ CAC) |
Pop Higher | 2,983 (512 @ CAC) |
Mintage | 532,000 |
Designer | Bela Lyon Pratt |
Edge Type | Reeded |
Coin Weight | 4.18 |
Metal Content | 90% Gold, 10% Copper |