This gold coin contains 0.121 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one Indian $2.50 Gold Quarter Eagle (BU) is $323.06 based on today's gold spot price.
Design and Specifications
The $2.50 Indian Quarter Eagle Brilliant Uncirculated is a gold coin known for its distinctive incuse design. This coin features an Indian chief on the obverse and an eagle on the reverse.
- Designer: Bela Lyon Pratt
- Composition: 90% gold, 10% copper
- Weight: 4.18 grams
- Diameter: 18 mm
- Thickness: 1.14 mm
- Edge: Reeded
Mint Marks and Varieties
The Indian Quarter Eagle was minted at several locations, each identifiable by a mint mark. The mint mark is located on the reverse side of the coin to the left of the arrowheads.
- No Mint Mark: Philadelphia Mint
- D: Denver Mint
- S: San Francisco Mint
Various Grades and Values
Condition |
Value |
Good (G) |
$250 |
Fine (F) |
$300 |
Extremely Fine (XF) |
$400 |
About Uncirculated (AU) |
$500 |
Brilliant Uncirculated (BU) |
$600-$900 |
Coins in Good condition are worn with major details visible. Fine condition coins have moderate wear with more details discernible. Extremely Fine coins show light wear on high points. About Uncirculated coins have minimal wear, primarily on the highest points. Brilliant Uncirculated coins exhibit no wear and possess original luster.
Collectible Varieties
- 1911-D Strong D: $2,500 - $15,000
The 1911-D Strong D is the most sought-after variety due to its low mintage and distinctive mint mark. The strength of the 'D' mint mark significantly impacts its value, with well-defined marks commanding a premium.
Error Coins
- Off-Center Strike: $1,000 - $3,000
Off-Center Strike errors occur when the coin is not properly aligned during minting. These coins show a portion of the design missing from one side, leading to their unique appearance and desirability among collectors.
Melt Value
The melt value of the $2.50 Indian Quarter Eagle is calculated based on 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. The melt value fluctuates with the current market price of gold. To determine the melt value, multiply the gold content by the spot price of gold per gram. For instance, if gold is valued at $60 per gram, the melt value would be 3.76 grams x $60, equaling $225.60. This calculation provides a baseline for the intrinsic value of the coin's material.
$2.50 Indian Quarter Eagle BU Auctions
Additional $2.50 Indian Quarter Eagle Brilliant Uncirculated Specifications
Weight |
.121 oz |
Country |
United States |
Type |
Gold Coin |
Mint |
US Mint |
Purity |
.900 fineness |