1912-P $2.50 Gold Indian XF

Scarce Incuse $2.50 Gold Indians That Escaped Government Destruction

In the history of the United States coinage, only two circulating coins were ever struck with an incuse design where the design sits below the surface of the coin rather than above it—the $2.50 and $5 Gold Indians. The theory was that by recessing their design, the coins would last longer. Sadly, this was not the case, but the theory did lead to the creation of some of the most unique coins ever struck by the United States Mint!

One Of The Shortest-Lived Series In U.S. Coin History

One of the shortest-lived series in U.S. coin history, the 1908-1929 “Gold Indian” $2.50 coins are collector favorites today. People love the magnificent portrait of an authentic-looking Native American on the obverse and the proud Bald Eagle on the coin’s reverse. But what really sets these coins apart is their recessed or incused design—which was basically a reverse of the normal die in that the design was pressed into the coin rather than the typical coin where the design rises outward from the coin. Designed by Boston sculptor Bela Lyon Pratt, the $2.50 Gold Indians were struck from 1908 to 1915 and again from 1925-1929, the last $2.50 “Quarter Eagle” denominations to be struck for circulation, ending a run that began in the 1790s!

Buy Back Some Of This Scarce Gold Before It Disappears Forever!

That these gorgeous gold coins still exist is extraordinary when you consider that on April 5, 1933, President Franklin D. Roosevelt, in an effort to combat the Great Depression’s crushing economic downturn, ordered all gold coins be turned in to the Federal Reserve. By May 10, 1933, the government had taken in $300 million in gold coins—putting a big dent in the gold coin options for future collectors. Here you can secure a 1912-dated $2.50 Gold Indian that was beautifully struck at the “Mother Mint” in Philadelphia. Plus, it comes in nice Extremely Fine (XF) condition! Somehow this coin escaped the government melting post more than 90 years ago. Don’t miss your chance to buy back some of this scarce gold before it disappears forever into someone else’s collection!

COIN HIGHLIGHTS:

• FAMOUS INCUSE DESIGN – Struck from 1908–1929, America’s $2.50 Gold Indian coins featured a design that was recessed or incused into the coin. Only the $5 Indians struck during the same period featured this same incuse deign, making them two of the most intriguing U.S. coins ever issued. Designed by Bela Lyon Pratt, his initials “BLP” can be seen on the coin’s obverse at the base of the Native American’s bust.
• STRUCK IN PURE AMERICAN GOLD – Each coin was struck in 4.18 grams of highly pure 90% fine American gold and measures 18 mm in diameter.
• LEGAL TENDER UNITED STATES COINAGE – The denomination of $2.50 is shown on the reverse of each coin where it reads “2½ DOLLARS” Below the talons of the proud American eagle.
• EXTREMELY FINE CONDITION – Your 1912-P $2.50 Gold Indian will come in nice Extremely Fine (XF) condition.

When the new $2.50 Gold Indians were released in 1908, folks gasped. The design was sunk into the surface of the coin rather than raising it above. And what a design! Secure one of these unique, short-lived $2.50 Quarter Eagles now!