From the NGC Archives: 1911 Indian Head Quarter Eagle

To date, the quarter eagle and half eagle created by sculptor Bela Lyon Pratt in 1908 are the only United States coins modeled in sunken relief.

The raised devices are actually set below the level of the fields, and coins of this type have no rims to protect them from wear.

Gems of the Indian Head Quarter Eagle are quite elusive, despite a plentiful supply of these coins overall. The distinctive treatment of their relief weighs against the survival of attractive examples. David Akers, in his book on 20th Century gold coins, described this date as typically having a greenish orange color... This beautiful specimen is indeed tinted orange. It is also quite fully struck and pleasingly lustrous. One has to search very carefully to find any marks on its exceptionally clean surfaces.

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