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$2.50 Indian Gold Coins
- Last of a distinguished line
- Design by Bela Lyon Pratt
- .12094 oz. pure gold
- Mintage: 1908-1915; 1925-1929
The design of the Indian Quarter Eagle, like that of the Indian Half Eagle, fell to Bela Lyon Pratt on the death of Augustus Saint-Gaudens. Pratt used the same design for both coins: the image of Liberty is replaced with that of an Indian chief on the obverse, and Saint-Gaudens’ classic eagle perched on a sheath of arrows bound with an olive branch is on the reverse. The denomination is “2 1/2 DOLLARS.”
Also as on the Half Eagle, the design is incused (struck into the surface) and there is no protective rim to detract from the incuse. Unfortunately, Pratt failed to recognize how deeply mysophobia – the fear of germs – was entrenched in our culture. Bowing to their fear of bacteria lurking in the tiny recesses of the incuse, the public hoarded an unusually low number of Indian Quarter Eagles for future generations. Kept in circulation, the Half Eagle experienced abnormal wear.
Indian Quarter Eagles were produced from 1908 to 1915, and again from 1925 to 1929, at the Philadelphia Mint (no mintmark), the Denver Mint (“D” mintmark), or at both during some years. Total mintage for circulation of the Indian Quarter Eagle was 7,250,261.
The Philadelphia 1911 Indian Quarter Eagle (no mintmark) had the highest mintage of 704,191 and in the same year Denver had the lowest with production of just 55,680 Gold Half Eagles.
Regardless of his arguably overzealous design, Bela Pratt dared to stretch the envelope. Perhaps because of that, the Indian Quarter Eagle is widely recognized today as one of America’s finest gold coins.
My first order of business was to find a dealer that I could trust. After considerable research, Certified Gold Exchange was at the top of my list. When I contacted CGE, I was introduced to Pat Collins. From our first discussion, Pat clearly understood the situation and developed a plan.
Long story short, Pat earned my trust with his friendly demeanor, patience, and metals experience. I'll be calling CGE and Pat for my next transaction. Many thanks Pat!
From the beginning of contacting Patrick Collins the process was efficient and professional. Pat provided regular communication and helped me at every step. The length of time from start to finish was much quicker than I was expecting thanks to CGE.
I want to thank Pat and his team at Certified Gold Exchange for a smooth and efficient transaction.
being new to selling metals, Patrick walked me step by step in the process through distributions with my IRA. Whenever I contacted him with questions or concerns, he replied within an hour or minutes to resolve my percieved issues. What a comfort Patrick has been in this (at times) somewhat stressful process.
Thank you Patrick!
It was my first time selling precious metals and they made the process as seamless as possible, despite multiple hiccups caused by my chosen custodian failing miserably. I will choose this team for every precious metals purchase or sale in my future.
I decided to invest $60k and in just three months it's over $120k! Not only that, the team at Certified Gold Exchange has excellent customer service.
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When I spoke with coin dealer David White, he was able to give me a quote in 3.5 hours. He also explained the importance of shipping my coins via registered mail with the Post Office. David said that the Post Office requires a registered box to be sealed with brown paper tape to prevent tampering. David emailed me links to sites that showed the right tape to use and how to seal the box. He called several UPS stores in my neighborhood to try to find the tape for me. In the end, I bought the tape from the Post Office. David explained that while Fedex and UPS would ship the coins, since they are not allowed to ship gold or silver, I would have no recourse if my coins were lost. David even gave me his home number so I could reach him after hours if necessary.
My experience with Certified Gold Exchange, Inc. stands in stark contrast with how two other coin brokers responded. The firm from which I had bought most of my silver coins never called me back. On November 13 when I called the broker from whom I had bought most of my gold coins, I couldn't get through on the phone. So, I emailed them and it took 5 days for them to respond! The broker didn't give me a quote until December 2 -- and then only for some of the coins! He said he would tell me what they would pay for the other coins after I shipped them!
In addition, that broker explained that one of their customers had lost all their coins valued at $22,000 because the box was tampered with and they had failed to insure them for the full amount. However, I knew by then that if the firm had told the customer to ship the coins via registered mail as Certified Gold Exchange, Inc. does, the box could not have been tampered with.
So, Certified Gold Exchange, Inc. is the only gold and silver dealer I recommend. The level of service is truly remarkable.
Your interest in helping me on such short notice shows how much you care for your clients. I hope 🤞 to have you as one of my financial team in the future.
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