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1908 Gold Indian 2 1/2

nichewarenicheware Posts: 2
in U.S. Coin Forum
Hello;

A couple of years ago I inherited a 1908 2 1/2 dollar gold piece from my grandmother. It is a family keepsake - as her father gave it to her sometime around the date it was first circulated. I do not know if this coin was ever in common circulation but to the untrained eye it is perfectly flawless under magnification. I do not plan to part with it - but still have a curious instinct to find out more, including what it might be worth. I have no idea how to tell if the coin is a proof, where it was minted, or any other interesting information that might be available. Browsing around on this website I am easily drawn into science of collecting - it's fascinating how much information one finds here. Anyway, my question would be - can anyone tell me a little about this little gem?

Sincerely grateful for any information,

Thomas Hutton

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    LouisLouis Posts: 3,687
    Welcome to the boards. image
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    cherrypickincoincherrypickincoin Posts: 1,760 ✭✭
    Welcome to the board, nicheware. That is a nice piece of history and a great keepsake to hold on to. Don't let go of it. The 1908 $2 1/2 Gold Quarter Eagle is a first year of issue piece, which makes it all the more meaningful for you. The piece was designed by Bela Lyon Pratt. There were 565,057 pieces of this date struck and they contain a little over a tenth ounce of gold. An estimated value for you, if circulated, would be between $160 to $250, more if uncirculated. Don't let the value get you down though, it's a beautiful piece of history that you should cherish and hold on to!
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    LouisLouis Posts: 3,687
    1908 $2.50
    Here is a link that should give you some info. The $2.50 Indians are one of the toughest coins to grade unless you are an expert. Just a small difference in grade can affect the value greatly. Hope the link helps.
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    nichewarenicheware Posts: 2
    Wow, that was fast! Thank you Brian & Louis.
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    cherrypickincoincherrypickincoin Posts: 1,760 ✭✭
    You're welcome. Now here's an initiation wave for the newbie. image
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    LouisLouis Posts: 3,687
    No problem image.
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    FatManFatMan Posts: 8,977 ✭
    Here's a Big Fat Welcome to Ya!image

    1908 2 1/2 Indian....cool coinimage
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    relayerrelayer Posts: 10,570 ✭

    Depending on it's condition or if it's a proof or not it could range in value from $150 to $25,000



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