Coin Specifications

Category: Indian Head $2.50 (1908-1929)
Mint: Philadelphia
Mintage: 564,821
Catalog: KM-128
Obverse Designer: Bela Lyon Pratt
Reverse Designer: Bela Lyon Pratt
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $148.25 (9/23/2014)
Diameter: 18mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1908 $2.5 MS obverse 1908 $2.5 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

Jeff Garrett: The new Quarter Eagle featured an incuse design. The portrait and eagle are lowered into the surface. That is why grading the series can be difficult, as the highest points for the issue are the obverse and reverse fields. The new design created by Bella Lyon Pratt features a Native American Indian Chief on the obverse and an eagle facing left on the reverse. The date was saved extensively as a first year of issue and can usually be found in most grades with modest effort. Most examples lack definition on the upper portion of the eagle’s wing. Many are also found with rather severe die clashes that can sometimes confuse the novice as to the authenticity of the coin. Although many were saved, MS 66 coins are actually quite rare and only about 60 have been graded by NGC to date. Just three coins have been certified as MS 67 (11/12), with one having sold at auction in 2006 for $37,375.


GRADE SUMMARY

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Price Guide

Last Updated: 9/11/2014

Click on a price to see historical prices, comparison charts and trends.

1908 $2.5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 268 280 310 330 350 350 365 370 375 400 412 500 650 1050 1950 3800 10650 49000 - - -
$ 365 380 390 390 430 450 550 725 1100 2350 4500 - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 9303
Low Grade: PrAg
Average Grade: 61
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
9/23/2014 MS 66   Heritage Auctions Internet Coin Auction Session(1), 131438/Lot# 27431
9/30/2014 MS 63   Heritage Auctions Internet Coin Auction Session(1), 131439/Lot# 29438
9/30/2014 MS 62   Heritage Auctions Internet Coin Auction Session(2), 131439/Lot# 30010
10/13/2014 MS 61   Heritage Auctions 2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York Session(6), 1210/Lot# 8860
10/13/2014 MS 61   Heritage Auctions 2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York Session(6), 1210/Lot# 8862


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/25/2004 NGC MS 62   Goldberg January 25-28, 2004 Pre-Long Beach Coin and Currency Auction, 23/Lot# 3143 $391.00
2/9/2006 NGC MS 64   Heritage Auctions 2006 February Long Beach Signature Auction #400, 400/Lot# 2717 $2,012.50
7/23/2007 PCGS MS 64   Teletrade Auction 2398, 2398/Lot# 2136 $1,568.00
6/21/2010 NGC MS 63   David Lawrence Rare Coins Monday - Internet Auction # 490, 496/Lot# 597 $25,875.00
3/4/2012 PCGS MS 62   Heritage Auctions Internet Coin Auction Session(1), 131211/Lot# 29020 $517.50
5/30/2012 NGC MS 63   Heritage Auctions 2012 May 30- June 3 US Coins Signature Auction- Long Beach Session(5), 1171/Lot# 10466 $805.00
9/16/2012 NGC Details AU Details  GreatCollections GreatCollections Coin Auctions 09/16/2012, 40/Lot# 71541 $237.60
6/3/2013 NGC MS 62   Bonhams Coins and Medals, 20971/Lot# 2265 $526.00
6/27/2014 PCGS MS 65   Stack's Bowers June 2014 Baltimore, 6021/Lot# 2475 $2,820.00


NGC Registry

NGC Registry Score 1908 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base333354657561565567068069570582094016492056305242087651179953090653062
333184555588628660673685698743860117617842388343753551109922298382910
00000062866067368569874386011761784238834375355110992229800
00000064166567669070178190014121920272038226503145472660200
Registry Image Gallery
Grade: MS 65
Points: 3052
Owner: *00001AAA Coins
 
Grade: MS 63
Points: 1649
Owner: R.E.Campbell
 
View the Registry Image Gallery

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From the NGC Archives: 1908 Indian Head Quarter Eagle

2/15/2011  — Bela Lyon Pratt designed and sculpted this coin type, which was minted from 1908 through 1915 and again 1925-29.
View full article >
Border Incidents, Part Three

8/24/2007  — David Lange concludes his retrospective on border designs throughout American coinage.
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