The federal government’s efforts to boost its financial reserves during the Great Depression resulted in rarity for some of the nation’s finest coins. Gold coins were struck for the first time in 1875, but in 1933 the Great Depression’s impact led to the collection and melting of all gold coins in circulation. Right now, you can purchase a rare Pre-1933 $2.50 Indian Gold Quarter Eagle from JM Bullion.
Coin Highlights:
- Individual coins ship in plastic flips.
- Contains .1209 oz of .900 pure gold.
- Issued by the federal government with a $2.50 face value (USD).
- Available in Brilliant Uncirculated condition.
- Features a unique design finish.
Only a select number of gold coins survived the government’s collection drive. The vast majority of Pre-1933 gold coins were melted into gold bars, but some did survive. Today, there is a fixed number of coins available for investors, collectors, and history buffs.
These Pre-1933 $2.50 Indian Gold Quarter Eagle coins were the first to feature an incuse-relief design. The United States Mint had never tried this before. The process stamped the design set into the surface of the coin, rather than striking the coins to create a raised design.
On the obverse side of each coin is the image of a Native American chieftain. Featured in left-profile relief, a full headdress is included on his head. Engravings on this side include “Liberty,” the year of minting, and 13 stars representing America’s original colonies.
The reverse side bears the image of the nation’s official symbol, the bald eagle. The bald eagle is shown perched atop a quiver of arrows, with an olive branch wrapped around the quiver. “United States of America,” “E Pluribus Unum,” and “In God We Trust” are engraved on this side, as is the face value. Unlike other coins, these coins have their face value inscribed as “2 ½ Dollars.”
Pre-1933 $2.50 Indian Gold Quarter Eagles were struck at the Philadelphia Mint and Denver Mint from 1908 to 1929. The coins in this product listing are available in brilliant uncirculated condition, meaning each one has no sign of wear. There may, however, be contact marks, spotted surfaces, or breaks in luster.
If you have questions about these coins, a JM Bullion associate is available at 800-276-6508, online using our live chat, or via email.