Coin Specifications

Category: Indian Head $2.50 (1908-1929)
Mint: Philadelphia
Mintage: 564,821
Obverse Designer: Bela Lyon Pratt
Reverse Designer: Bela Lyon Pratt
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1210oz
Melt Value: $188.71 (1/22/2020)
Diameter: 18mm
Edge: Reeded
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1908 $2.5 MS obverse 1908 $2.5 MS reverse
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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: 12/6/2019

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

1908 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 245 245 255 260 275 335 335 340 360 415 435 510 630 1240 2500 7900 63000 - - -
$ - - - - 365 - 445 600 800 1400 3250 14000 80000 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 9928
Low Grade: PrAg
Average Grade: 61
High Grade: 67

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 1/21/2020 1908 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base3111482033733341264991889293615131321359663---9928
-----------------------
------------267281321---59
-----------------------
Total3111482033733341264991891294215201349372684---9987
 0 %0 %0 %0 %0 %0 %0 %0 %1 %3 %13 %1 %19 %29 %15 %14 %4 %1 %0 %--- 

NGC Registry

NGC Registry Score 1908 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base333354657561565567068069570582094016492056305242087651179953090653062
333184555588628660673685698743860117617842388343753551109922298382910
00000062866067368569874386011761784238834375355110992229800
00000064166567669070178190014121920272038226503145472660200
Registry Image Gallery
Grade: MS 67
Points: 11099
Owner: foresthamilton@universalcoin.com
 
Grade: MS 66
Points: 4208
Owner: foresthamilton@universalcoin.com
 
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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.
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Border Incidents, Part Three

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