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Coin Library

$2.50 · Gold · Circulating

Indian Head Quarter Eagle

A distinctive incuse-design quarter eagle whose devices and inscriptions are recessed below the coin's field.

Definitive guideResearch reviewed · 2026-08-17
Designer
Bela Lyon Pratt
Classic dates
1908–1915 and 1925–1929
Mint facilities
Philadelphia and Denver

01 · Overview

Why the Indian Head Quarter Eagle matters

Bela Lyon Pratt's quarter eagle replaced the conventional raised-relief layout with devices recessed below the field. Introduced in 1908, the series paused after 1915 and returned from 1925 through 1929.

Because the field is the highest broad surface, contact appears differently than it does on raised-relief coinage. Field abrasions, wear within the recessed design, strike quality, and luster must be evaluated separately.

02 · Design

Reading the design

Incuse portrait and devices

The portrait, lettering, eagle, and principal devices are sunk below the field. Mintmarks remain raised and deserve close inspection.

Field-first examination

The open field receives contact before recessed details. Assessment begins with field preservation and luster, then moves into the headdress, cheek, eagle, and arrows.

03 · Specifications

Nominal issue specifications

Denomination
$2.50
Composition
90% gold, 10% copper
Nominal weight
4.18 g
Diameter
18.0 mm
Edge
Reeded
Series dates
1908–1915 and 1925–1929

Nominal specifications describe regular classic issues. Patterns, proofs, special strikes, production tolerances, and later commemorative or modern versions may differ.

04 · Grading population

How many have been certified at each grade

No static census copied here. Full grade-by-grade counts change and are not republished without the exact issue, service, strike, designation, source, and as-of date. Use the official tools below; verified figures for an individual Nucoins coin appear on that coin's listing.

Population reports count submissions certified by a grading service. They do not count every surviving coin, and a series-wide total is not a substitute for the exact date, mint, variety, strike, designation, and grade. Nucoins listings show the population in the listed grade and the number graded higher when those figures have been checked against an official report.

Population in grade
Coins recorded by that service for the exact issue and assigned grade.
Higher / finer
Coins recorded by the same service in numerically higher applicable grades.
Report date
The date the figure was checked; counts can change after submissions, resubmissions, and database updates.
A grading population is not a rarity estimate, a count of unique survivors, or a guarantee of value. Coins may be resubmitted, and economically common grades may be underrepresented because certification costs exceed the coin's value.Read how to use a population report.

05 · Issue map

The series in stages

  1. 01 · 1908–1915

    First production period

    Philadelphia and Denver issues establish the principal date set, including the key 1911-D.

  2. 02 · 1916–1924

    Ten-year interruption

    No quarter eagles of the type were struck.

  3. 03 · 1925–1929

    Final production period

    The design returned at Philadelphia and Denver before federal circulating gold coinage ended.

Notable issue checkpoints

Production figures describe coins struck, not coins surviving or certified. Linked issue records provide the context for each figure.

06 · Examination

What photographs should help you examine

01

Obverse

High field and recessed portrait

Compare uninterrupted field luster with friction on the cheek, headdress, and recessed devices.

02

Reverse

Eagle shoulder and feathers

Inspect the eagle, arrows, and field for cleaning, dullness, and handling.

03

Edge / holder

Raised mintmark

Verify the D mintmark's shape, position, and relationship to the field.

07 · Before buying

Questions the listing should answer

01

Separate metal value from numismatic value

The coin contains a known nominal amount of gold, but its market value can also reflect date, mint, variety, survival, grade, surface quality, and demand. A gold calculation is a useful reference point, not a complete valuation method.

02

Read the holder and the coin

Confirm the grading service, grade, certification number, and any documented designation, then examine the photographs independently. A third-party grade is an attributed opinion; it does not replace a review of color, luster, marks, and surface originality.

03

Treat cleaning and damage separately from wear

Circulation wear is only one part of condition. Cleaning, polishing, scratches, rim damage, mount removal, tooling, and altered surfaces can materially change how a coin is described and valued even when substantial design detail remains.

08 · Sources

Primary references

This guide is educational and intentionally type-level. Issue-specific attribution, mintage, certification, and condition should be verified for the individual coin.