The Indian Head $2.50 Gold Coin series is actually one of the scarcer 20th-century gold coins, as many of these $2.50 coins were not saved in great quantities. This was likely due to the fact that the design was not well liked by many numismatists when the coin was first released. Even the public panned the coin, thinking its incuse design would more easily harbor bacteria than coins with a raised design. The Indian Head $2.50 Gold Coin is one of just two coins the United States has ever made featuring an incuse design.
As the Indian Head $2.50 Gold Coin was not much embraced when it first hit pockets across America, there are relatively few survivors in the upper Mint State grades. If it is a uncirculated Indian Head $2.50 Gold Coin you seek, be sure you turn to your trusted coin dealer.
Coins from 1900’s such as the Indian Head $2.50 Gold Coin are sought after by collectors, but the condition that the coin is in matters before anything else. No matter who you are, if you are a coin collector there is no doubting that you would prefer to only add those extremely well-preserved pieces to your collection. Naturally, collection full of well-preserved coins trumps that which is full of inconsistently worn pieces.
Normally, in order to have the condition of a coin such as the 1912 Indian Head $2.50 Gold Coin judged, you would send the coin away to a professional company for grading. Because not everyone has the time and money to send their coins away, you will find that we have provided below an outline describing the characteristics of specific coin grades as to give you a better idea of what certain graded coins might look like.
Uncirculated: By definition, an Uncirculated coin is one that spent no time exchanging hands on the open market and was instead kept in safekeeping throughout its life. Because of this, the coins of this grade will be in near-perfect condition with almost no imperfections whatsoever. Appearing as if they were minted a few weeks ago, these are the most highly sought after types of Indian Head $2.50 Gold Coin.
Extremely Fine: A coin given this grade is one that spent very little time in circulation. Thanks to the coin having been pulled out of circulation before long, there will be almost no signs of wear and tear present on the faces. Under close inspection, however, you will be able to notice some extremely light wear. Despite this, these coins are extremely valuable in the eyes of collectors.
Fine: A coin that is graded to be Fine is one that saw a lot of time in circulation, but did not incur a lot of damage as a result. These coins will show consistent scratching and some other signs of wear and tear, but the overall integrity of the imagery and inscriptions will have been maintained.
Good: Coins of this grade are, in so many words, the worst of the worst. These coins are the most heavily circulated and are complete with a good amount of damage. These coins are in poor condition, but they are still a great addition to any collection.
With regard to the 1912 Indian Head $2.50 Gold Coin, determining a price is as easy as taking into consideration the condition of the coin. Those well-preserved coins are the ones that will sell for the largest amounts. Below is a table aimed at giving you a better idea of what you can expect to pay for a graded 1912 Indian Head $2.50 Gold Coin.
Indian Head $2.5 Gold Coin
|1912 Indian Head $2.5 Gold Coin||N/A||N/A||$310||$325||Source: Red Book|