Indian Head Quarter Eagle ($2.50) Value
1908–1929 · $2.50 · 90% gold, 10% copper
Value by Grade
| Grade | Est. Value |
|---|---|
| Poor (P-1) | $350.00 |
| Good (G-4) | $400.00 |
| Fine (F-12) | $500.00 |
| Uncirculated (MS-63) | $800.00 |
| Gem (MS-65) | $2,400 |
| Perfect (MS-70) | $12,000 |
Key Dates & Rare Varieties
| Date/Variety | Why It's Special | Value Range |
|---|---|---|
| 1911-D | Key date — only 55,680 minted | $2,000–$20,000 |
| 1914 | Low Philadelphia mintage of 240,000 | $500–$3,000 |
| 1908 | First year of the incuse design | $400–$1,200 |
| 1929 | Final year of the series | $400–$1,500 |
| 1912 | Lower mintage year | $450–$2,000 |
Coin Specifications
- Designer
- Bela Lyon Pratt
- Years
- 1908–1929
- Denomination
- $2.50
- Composition
- 90% gold, 10% copper
- Diameter
- 18 mm
- Weight
- 4.18 g
Quick Value
Where to Buy/Sell
Indian Head Quarter Eagle ($2.50): History & Background
The Indian Head Quarter Eagle is one of only two US coins to feature an incuse (recessed) design, where the images are sunken into the coin's surface rather than raised above it. Designed by Boston sculptor Bela Lyon Pratt at the request of President Theodore Roosevelt, the coin depicts a Native American chief in a war bonnet on the obverse and a standing eagle on the reverse. The incuse design was controversial when introduced, with some critics arguing that the recessed areas would harbor germs and dirt. Despite initial opposition, the design was produced from 1908 to 1929 and is now highly valued by collectors for its unique artistic approach.
How to Grade a Indian Head Quarter Eagle ($2.50)
Accurate grading is the single most important factor in determining a coin's value. A difference of just a few grade points can mean 10× or more in value. Examine the highest points of the design first — these are where wear appears earliest. For the finest grades, luster, strike quality, and surface preservation all matter. Professional grading by PCGS or NGC adds certainty and typically increases resale value. Read our complete grading guide →