$2.5 U.S. GOLD INDIAN NGC61

Description

The $2.5 U.S. Gold Indian coin is a historic and iconic piece of American numismatic history. Here’s an overview of the coin:

1. Denomination: $2.5 (Two and a half dollars).
2. Design: The obverse (front) of the coin features a Native American chief in profile, facing left, adorned with a feathered headdress. The word “LIBERTY” appears above the portrait, and the date of mintage is inscribed below.
3. Reverse: The reverse (back) of the coin showcases a bald eagle standing on arrows and an olive branch, symbolizing war and peace, respectively. The motto “IN GOD WE TRUST” is inscribed above the eagle, and the denomination “2 1/2 DOLLARS” is below.
4. Designer: The coin was designed by Bela Lyon Pratt, an American sculptor.
5. Composition: The $2.5 U.S. Gold Indian coin contains 90% gold and 10% copper, with a total weight of 0.1209 troy ounces of pure gold.
6. Grading: NGC (Numismatic Guaranty Corporation) is a renowned third-party coin grading service. A grade of NGC61 indicates that the coin is in About Uncirculated (AU) condition. This means that the coin has slight wear on the highest points of the design but retains much of its original luster and detail.
7. Historical Significance: The $2.5 U.S. Gold Indian coin, also known as the Indian Head Quarter Eagle, was minted from 1908 to 1929. It was introduced as part of an effort to create a more uniquely American coinage design.
8. Numismatic Value: The value of the coin depends on various factors, including its condition, rarity, and current market demand. Coins with higher grades and those in better condition typically command higher prices among collectors and investors.

Overall, the $2.5 U.S. Gold Indian NGC61 coin represents a piece of American history and is sought after by both numismatists and investors for its beauty, historical significance, and intrinsic value.