Numismatic

1928 $2.50 Indian Gold Quarter Eagle AU

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The 1928 gold quarter eagle represents a remarkable chapter in American numismatics, showcasing a rare and distinctive minting technique. Unlike traditional coins with raised details, this two and a half dollar gold piece features an incuse design, meaning the elements are sunken below the flat surface of the coin. This unusual approach gives the coin a unique texture and visual depth that sets it apart from almost all other United States currency of its era. On the obverse, the design presents a profile of Liberty wearing a traditional Native American ceremonial headdress. This central figure is encircled by thirteen stars, representing the original colonies, along with the word "LIBERTY" and the 1928 date. The designer's initials, BLP, are also visible on this side. The reverse features a proud bald eagle standing among the inscriptions "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," "IN GOD WE TRUST," and the face value of two and a half dollars. Struck in 0.900 fine gold with a precious metal weight of 0.12094 troy ounces, this coin is graded as Almost Uncirculated. The series itself was minted from 1908 to 1929 at either the Philadelphia or Denver mints. This 1928 issue stands as one of the final years of this innovative design before the series concluded, making it a captivating study in artistic experimentation and craftsmanship.