Numismatic

1928 $2.50 Indian Gold Quarter Eagle MS-64 PCGS

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The 1928 gold quarter eagle represents a fascinating chapter in American numismatics, showcasing a design technique that sets it apart from almost all other circulating coinage. Struck at the Philadelphia Mint, this 2.50 dollar piece features an incuse design, meaning the details and inscriptions are sunken below the flat surface of the coin rather than raised above it. This unusual method gives the coin a distinct, tactile quality and helped protect the intricate details from wear during circulation. On the obverse, the profile of a Native American chief wearing a traditional feathered headdress is deeply recessed into the gold surface. The reverse displays a proud, standing American eagle, surrounded by the classic national mottos of "IN GOD WE TRUST" and "E PLURIBUS UNUM". Because there is no mint mark, we know this piece was struck at the main minting facility in Philadelphia, which produced a mintage of 416,000 of these coins in 1928. Crafted from 0.900 fine gold with a gold content of 0.1209 troy ounces, this specific coin has survived the decades in remarkable condition. It has been certified in Mint State 64 (MS-64), indicating that it retains its original luster and sharp details, allowing modern observers to appreciate the full depth and artistry of this innovative pre-1933 gold issue.