Classic American Gold Quarter Eagles

By | April 19, 2015

Gold Quarter EagleAre 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. reverse of gold quarter eagle.

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

4 thoughts on “Classic American Gold Quarter Eagles

  1. Jason

    I had no idea gold coins could sell for that much. How much do those gold coins weigh?

    I ask because I was just wondering, “Do the gold coins sell for that much because gold is now selling at a way higher price than it was in the early 1900s?”

    An ounce of gold now sells for around $1,000 USD. So I am curious how much those gold coins weigh. I’m assuming they sell for more because of their rarity.

    Do you recommend collecting gold coins vs. just gold bullion? If so, why?

    Thanks for any information you can provide.

    Reply
    1. Mike Post author

      Hello Jason, I’m so glad you were intrigued by these coins. Indeed, the price of gold now is much, much higher than when these coins were minted in the early part of the twentieth century. So, the gold value alone is far above the $2.50 face value of these coins. The beautiful artistry of these coins also gives them a numismatic value over and above their melt value. This leads into your second question. The choice of whether to collect gold coins or simply buy bullion is a personal one. If you are principally an investor, then look at the bullion. If you are a collector and appreciate the beauty and history surrounding these coins, then you would tilt to the coins. Many folks hold both obsolete US gold coins as well as bullion.

      Reply
  2. ryan

    Hey Mike. I’ve been a coin collector for a while now. Usually, i just collect the interesting coins that come across my desk. I never knew these existed and would love to get my hands on one. So, I see it says its a quarter, but when it came out it was actually worth 2.50? I can only imagine how much money someone would have if a family member had collected these coins. One of my favorite pieces are the big silver dollars that i have. Do you know why they stopped making them and then started again? i guess only to stop for good? thanks for the read. I’m always looking for interesting coins!

    Reply
    1. Mike Post author

      Hi Ryan,

      Glad you found this post informative. The coin you mention isn’t a quarter dollar, it’s a quarter eagle. If you’d like to obtain one, use the link in the upper right sidebar (Golden Eagle Coins); you’ll find quarter eagles for sale from them at good prices. You’re right, silver dollars are great coins. The US last minted Peace Silver Dollars for general circulation in 1935. You can purchase them from Golden Eagle or other affiliates on this site as well.

      Reply

Leave a Reply

Your email address will not be published. Required fields are marked *