Design will be an Exclusive first and last year issue of the 2.5 indian gold coins minted from 1908-1929. the only series to offer the Designer Bella Lyon Pratt signature labels.
"INFO for CARD"
The public of 1908 received the coin with mixed feelings. Although many appreciated the design’s
artistic merits, others immediately found fault. Some felt neither the Indian nor the eagle were
properly represented, while others questioned the coin’s ability to stack properly. Inevitably, the
incusing of the design elements, being unfamiliar, also stirred criticism. Philadelphia coin dealer
Samuel H. Chapman found it particularly objectionable, warning President Roosevelt that the
“sunken design” would lead to a multitude of problems, including counterfeiting and even illness (he
maintained that the recessed areas would become clogged with filth and convey disease). This
brought about another nickname…”The physicians coin.” The president remained unshakable,
however, in his support for the coins.
Indian Head quarter eagles were issued annually from 1908 through 1915. At that point, the Mint
suspended their production for a decade; when it resumed in 1925, the coins were struck for five
more years before the series ended in 1929—one of many victims of that year’s Wall Street crash.
As the depression took hold, what little gold came into the Mint was used for production of double
eagles. With the cessation of gold coinage and the great recall of 1934, the quarter eagle would not
With just 15 different date-and- mint combinations (12 issues from the Philadelphia Mint and three
from Denver), the series is one of the smallest in U.S. coinage, making a complete set attainable for
many collectors despite the relatively high cost of buying anything made of gold. Its affordability is
enhanced by the fact that only one coin, the 1911-D, is notably scarce; at 55,680, it’s the only coin
with a mintage of less than 240,000. The Denver mintmark can be found on the reverse, to the left of
Relatively small numbers of matte proofs were made in every year from 1908 through 1915, but not
in the final five years. The flat matte finish of the proofs proved unpopular with collectors of the day,
and many remained unsold, to later be melted by the Mint.