1928 $2.50 Indian Gold Quarter Eagle AU-58 NGC
1928 $2.50 Indian Gold Quarter Eagle AU-58 NGC
The 1928 gold quarter eagle represents a fascinating departure from traditional coinage methods. Struck at the Philadelphia Mint, this two and a half dollar denomination features an incuse design, meaning the details are sunken below the flat surface of the coin rather than raised above it. This unusual technique gives the coin a distinctively modern, sculptural quality that sets it apart from other American currency of its era. On the obverse, a portrait of Liberty wearing a traditional feathered headdress faces left. This central figure is encircled by thirteen stars representing the original colonies, with the word LIBERTY positioned along the top edge and the date 1928 inscribed below. The recessed engraving technique creates deep shadows and highlights that bring the profile to life. The reverse displays a proud bald eagle standing on a bundle of arrows, clutching an olive branch. The surrounding inscriptions include UNITED STATES OF AMERICA, the national mottos E PLURIBUS UNUM and IN GOD WE TRUST, and the face value of two and a half dollars. Each coin contains 0.1209 troy ounces of gold, with a total mintage of 416,000 pieces for this specific year, making it a captivating study in twentieth century minting artistry.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | United States |
|---|---|
| Year | 1928 |
| Legal-tender face value | 2 1/2 Dollars |
| Metal | Gold |
| Weight | 0.1209 troy oz |
| Purity | .900 |
| Diameter | 18 mm |
| Thickness | 1.14 mm |
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