Numismatic

1928 $2.50 Indian Gold Quarter Eagle MS-62 NGC

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The 1928 gold quarter eagle represents a fascinating chapter in United States coinage, distinguished by its unusual incuse design. Unlike traditional coins where the details are raised above the surface, the features of this two and a half dollar piece are sunken into the flat gold planchet. This creative approach gives the coin a distinct physical texture and a striking visual depth. On the obverse, a Native American chief wearing a traditional feathered headdress faces left, surrounded by stars with the date 1928 inscribed below. The reverse features a proud American eagle perched upon an olive branch. Because the design elements are recessed, the highest points of the coin are actually the flat fields, which helped protect the delicate details of the engraving from wear during circulation. Struck at the Philadelphia Mint, this particular issue has a recorded mintage of 416,000 pieces. It contains 0.1209 troy ounces of gold with a purity of 90 percent. This specific specimen has been officially graded as Mint State 62 (MS-62), indicating it has survived the decades with its original luster and intricate recessed details remarkably well preserved.