Are you looking to collect American gold coins that were produced for general circulation but you don’t have a lot of money? You might consider Classic American Gold Quarter Eagles. The US Indian Head Quarter Eagles might be your best bet, according to an excellent article by Greg Reynolds in Coin Week.
General Information on Classic American Gold Quarter Eagles
They circulated in the general public and they were really worth $2.50 each in the early part of the 20th century. These coins, designed by Boston sculptor Bela Lyon Pratt, were minted from 1908 to 1915 and again from 1925 to 1929. They are slightly larger than dimes and are composed of 90% gold. Designed by Bela Lyon Pratt, the coins bear a beautiful image of a Native American in full headdress on the obverse. The reverse shows a well-designed sitting eagle. Unlike other American coins, the Indian Head pieces have no raised edges, instead featuring a design sunk into the planchet. These coins were minted from 1908 to 1915 and again from 1925 to 1929. The key date in the series is the 1911-D, with only 55,680 minted. All others in the series have mintages from 240,000 to 704,000 and are not particularly rare.
Approximate Cost of Classic American Gold Quarter Eagles
According to Reynolds, most of these coins can be had for less than $500 each in lower and medium grades, although those of gem quality can command much higher prices. Of course, the 1911-D is the exception, priced in the thousand to tens of thousands of dollars, depending on the grade, Be sure to check out the Reynolds’ article for a wealth of other details about these beautiful coins.
Where to Buy Them
You can purchase Indian Head Gold Quarter Eagles at very good prices on Amazon. Exceptionally good values can be had for gold quarter eagles at eBay:
Return to Homepage