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1908 $2.50 Indian Head Quarter Eagle PCGS MS-64 CAC

Category: $2.50 Indian Head Quarter Eagle
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CAC endorsed. The 1908 Indian Head quarter eagle ($2.50 gold piece) marked the bold debut of Bela Lyon Pratt’s revolutionary incused design—the first U.S. coin with imagery and lettering sunk below the surface rather than raised. Sculptor Pratt, collaborating with President Theodore Roosevelt, created a stark, modernist profile of a feathered Native American chief on the obverse and a majestic standing eagle on the reverse.

The 1908 stands as the first-year-of-issue key date, instantly iconic and highly sought by collectors. Pratt’s Indian head design is among America’s most beloved 20th-century gold designs. PCGS has graded 1,623 as MS64 with 944 finer. In CAC, there are 317 in MS64 with 944 finer.

Though initially controversial for its recessed fields (critics feared dirt accumulation and counterfeiting risks), the design quickly won admirers for its artistic daring and matte-like beauty. Struck in 90% gold from 1908 through 1915 and again from 1925 to 1929, the series totals just fifteen issues, with only two from the Denver mint (1911-D and 1925-D).

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