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Indian Gold Quarter Eagle $2 1/2 1908-1929 MS [Type]

Greysheet & CPG® Values
Melt Value (Gold): 0.121 oz +0.12%
$493.53
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The Quarter Eagle denomination of the early 20th century Gold Indian design is by far the most popular among collectors. Just like the Indian Half Eagles though, they have that unique characteristic of raised fields and sunken in devices. This makes these coins stick out from mostly any other American numismatic series but also makes grading extremely difficult since the fields wear first. Theodore Roosevelt famously hired Augustus Saint-Gaudens to improve the beauty of the double eagle but the smaller denomination gold coinage designed by Bela Lyon Pratt was not widely accepted. The odd recessed design and replacement of lady liberty with an "Indian" was looked upon very negatively. A century or so later these coins are now highly prized and accepted for these same reasons. It is a short series as there were gaps in production plus the permanent stoppage for all gold coins in 1933. That along with a range of dates from very common to super key makes this a fun series to collect. The modern drawbacks for the series are the fact that they are small and have raised fields so grading ability and diagnostic knowledge of each issue is a necessity. No American coin is more difficult to grade since the devices can be pristine but if there is wear on in the fields the value and grade drops quickly. It does create a fine opportunity though for those who develop a keen eye for these coins as they automatically catapult themselves to the forefront of this numismatic sector. More on the unique design is how this coin was the first depiction of American Indians to appear as they actually looked. The even more famous and collectible Indian Head Cents just displayed lady liberty dressed as a native woman. Just as much as any coin especially gold ones these coins are heavily counterfeited and altered in which you must be very careful buying them raw. Lookout for added mintmarks and pay close attention on the Indian’s neck between the hair and feathers. Any odd depressions or markings in this area is a tell tale sign. Overall it is a very desirable, short and challenging series.

Obverse Description

The obverse features the portrait of a Native American chieftain in formal headdress struck incuse with the words LIBERTY at the top and the date at the bottom. 13 stars frame the left and right sides: 6 at left and 7 on the right.

Reverse Description

The traditional American eagle struck incuse in the center with the words, UNITED STATES OF AMERICA at top, E PLURIBUS UNUM left of the eagle, and IN GOD WE TRUST to the right of the eagle. The denomination 2 1/2 DOLLARS struck below the eagle.

Catalog Information

GSID: 72369
Designer: Bella Lyon Pratt
Obverse Designer: Bela Lyon Pratt
Obverse Lettering: LIBERTY, [Date]
Reverse Designer: Beyla Lyon Pratt
Reverse Lettering: UNITED STATES OF AMERICA, E PLURIBUS UNUM, IN GOD WE TRUST, 2 1/2 DOLLARS
Fineness: 0.9
Weight (gr): 4.18 gr
Weight (oz): 0.1344 oz
Precious Metal Weight: 0.121 oz
Strike Type: Business
Diameter: 18
Coin Shape: Round
Edge: Reeded
Variety: 1908-1929
Coin Date: Indian Gold Quarter Eagle
Denomination: $2 1/2
Designation: MS
Coinage Type: Gold Quarter Eagle
Coinage Years: 1908-1929
Composition: 90% gold; 10% silver & copper
PCGS #: 7938
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Coin Value History
Indian Gold Quarter Eagle $2 1/2 1908-1929 MS [Type]
Value By Grade
Indian Gold Quarter Eagle $2 1/2 1908-1929 MS [Type]
CPG (retail) values
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Values

Greysheet & CPG® Values
Melt Value (Gold): 0.121 oz +0.12%
$493.53
GSID:72369 PCGS:7938 Shop related

Values

Greysheet & CPG® Values
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS67 CAC $67,000 $1,234
MS67 - $54,000 $1,234
MS66 CAC $1,234 $1,234
MS66 - $1,234 $1,234
MS65 CAC $1,234 $1,234
MS65 - $1,234 $1,234
MS64 CAC $1,234 $1,234
MS64 - $1,234 $1,234
MS63 CAC $1,234 $1,234
MS63 - $1,234 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234
VF35 CAC $1,234 $1,234
VF35 - $1,234 $1,234
VF30 CAC $1,234 $1,234
VF30 - $1,234 $1,234
VF25 CAC $1,234 $1,234
VF25 - $1,234 $1,234
VF20 CAC $1,234 $1,234
VF20 - $1,234 $1,234
F15 CAC $1,234 $1,234
F15 - $1,234 $1,234
F12 CAC $1,234 $1,234
F12 - $1,234 $1,234

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Auction Prices

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1915 $2 1/2 MS63 PCGS. CAC. CAC: 210 in 63, 379 finer (6/26). CDN: $1,075 Whsle. Bid for NGC/PCGS MS63. Mintage 606,000. ...
$1,342
Sold 7/22/2026
Heritage Auctions
1911-D $2 1/2 Weak D AU55 NGC. CDN: $1,800 Whsle. Bid for NGC/PCGS AU55. ...
$1,830
Sold 7/18/2026
Heritage Auctions
1911-D $2 1/2 AU58 PCGS. CAC. ...
$8,540
Sold 7/17/2026
Heritage Auctions
1914-D $2 1/2 MS64 NGC. ...
$4,758
Sold 7/17/2026
Heritage Auctions
1914-D $2 1/2 MS65 NGC. ...
$13,690
Sold 7/16/2026
Heritage Auctions
1911-D $2 1/2 Strong D MS62 NGC. ...
$10,675
Sold 7/16/2026
Heritage Auctions
1909 $2 1/2 MS66+ PCGS. ...
$25,620
Sold 7/16/2026
Heritage Auctions
1914-D $2 1/2 AU53 PCGS. CDN: $588.56 Whsle. Bid for NGC/PCGS AU53. Mintage 448,000. ...
$598
Sold 7/8/2026
Heritage Auctions
1912 $2 1/2 MS61 PCGS. CDN: $805 Whsle. Bid for NGC/PCGS MS61. Mintage 616,000. ...
$824
Sold 7/8/2026
Heritage Auctions
1914-D $2 1/2 MS60 NGC. CDN: $740 Whsle. Bid for NGC/PCGS MS60. Mintage 448,000. ...
$702
Sold 6/24/2026
Heritage Auctions
1911-D Indian Quarter Eagle. Weak D. EF Details--Ex Jewelry (PCGS).
$1,342
Sold 5/27/2026
Stack’s Bowers Galleries
1911 Indian Quarter Eagle. AU-50 (PCGS). CMQ.
$1,320
Sold 2/3/2026
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1911-D $2 1/2 Weak D -- Cleaned -- CACG. VF Details....
$960
Sold 11/14/2025
Heritage Auctions
1911-D $2 1/2 XF45 PCGS....
$4,440
Sold 8/28/2025
Heritage Auctions
1908 Indian Quarter Eagle. AG-3 (PCGS).
$408
Sold 4/16/2025
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1914 $2 1/2 MS67 PCGS....
$168,000
Sold 1/16/2025
Heritage Auctions
1911-D $2 1/2 Weak D VF35 PCGS. PCGS Population: (12/206). NGC Census: (0/274). CDN: $1,250 Whsle. Bid for NGC/PCGS VF35. ...
$1,620
Sold 1/22/2024
Heritage Auctions
1911-D Indian Quarter Eagle. Weak D. EF-40 (PCGS).
$1,320
Sold 11/21/2023
Stack’s Bowers Galleries
1929 $2 1/2 Genuine NGC. NGC Census: (0/21921). PCGS Population: (0/15956). Mintage 532,000....
$430
Sold 9/20/2023
Heritage Auctions
1911 Indian Quarter Eagle. VF-30 (PCGS).
$384
Sold 4/13/2022
Stack’s Bowers Galleries
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