$2.50 Indian Quarter Eagle Very Fine

Design and Specifications

The $2.50 Indian Quarter Eagle is a U.S. gold coin that features a unique incuse design. It was minted from 1908 to 1929. - **Designer:** Bela Lyon Pratt - **Composition:** 90% gold, 10% copper - **Weight:** 4.18 grams - **Diameter:** 18 mm - **Edge:** Reeded

Mint Marks and Varieties

The $2.50 Indian Quarter Eagle was produced at different mints, each identifiable by a distinct mint mark located on the reverse, below the eagle. - **Philadelphia (no mint mark):** Coins minted at the Philadelphia Mint have no mint mark. - **Denver (D):** Coins minted at the Denver Mint are marked with a "D."

Various Grades and Values

Grade	Estimated Value (USD)
Good (G)	$300
Fine (F)	$350
Very Fine (VF)	$400
Extremely Fine (XF)	$450
About Uncirculated (AU)	$500
Brilliant Uncirculated (Mint State)	$600+

- **Good (G):** Details are worn but visible. - **Fine (F):** Moderate wear with more detail evident. - **Very Fine (VF):** Light to moderate wear with clear design features. - **Extremely Fine (XF):** Minimal wear, high detail. - **About Uncirculated (AU):** Slight traces of wear. - **Brilliant Uncirculated (Mint State):** No wear, sharp details.

Collectible Varieties

- **1909-O (New Orleans):** Value range $3,000 - $6,000 - The 1909-O is the only year this coin was minted in New Orleans, making it highly sought after due to its rarity. - **1911-D:** Value range $5,000 - $10,000 - The 1911-D is notable for its low mintage and is among the most collectible. Its mint mark can be faint, adding to its allure.

Error Coins

- **Doubled Die Obverse:** Value range $1,000 - $2,500 - This error features a doubling in the design on the obverse, particularly noticeable in the inscriptions. These errors are rare and command a premium. - **Off-Center Strikes:** Value range $750 - $1,500 - Off-center strikes occur when the coin is not properly aligned during minting, resulting in part of the design being missing. These are less common and of interest to collectors.

Melt Value

The melt value of a $2.50 Indian Quarter Eagle is determined by its gold content. With a composition of 90% gold and a total weight of 4.18 grams, the coin contains approximately 3.76 grams of pure gold. To calculate the melt value, multiply the gold content by the current market price of gold per gram. For instance, if gold is valued at $60 per gram, the melt value would be approximately $225. This provides a baseline value, distinct from collector premiums.

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$2.50 Indian Quarter Eagle VF+ Auctions

Listing (Seller)	Price
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