$2.5 U.S. GOLD INDIAN NGC62

Description

The $2.5 U.S. Gold Indian coin is a significant piece of American numismatic history. Let’s delve into its details:

1. Denomination: $2.5 (Two and a half dollars).
2. Design: The obverse side of the coin features the profile of a Native American chief, facing left, adorned with a feathered headdress. The word “LIBERTY” appears above the portrait, while the year of mintage is inscribed below it.
3. Reverse: The reverse side showcases a majestic 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, while the denomination “2 1/2 DOLLARS” is displayed below it.
4. Designer: Bela Lyon Pratt, an accomplished American sculptor, designed this coin.
5. Composition: The $2.5 U.S. Gold Indian coin is made of 90% gold and 10% copper. It contains approximately 0.1209 troy ounces of pure gold.
6. Grading: The NGC62 grade signifies that the coin is in a condition known as “About Uncirculated Plus” (AU+). This suggests that the coin exhibits slight wear on the highest points of the design but retains much of its original luster and detail.
7. Historical Significance: Minted from 1908 to 1929, the $2.5 U.S. Gold Indian coin, also referred to as the Indian Head Quarter Eagle, was part of an initiative to create a more uniquely American coinage design.
8. Numismatic Value: The value of the coin depends on factors such as its condition, rarity, and current market demand. Typically, coins with higher grades and those in better condition command higher prices among collectors and investors.

In summary, the $2.5 U.S. Gold Indian NGC62 coin represents not only a captivating piece of American heritage but also an investment opportunity cherished by numismatists and investors alike.