The Indian Quarter Eagle was first released in 1908. What makes this coin unique in American numismatics is how the fields of the coin are raised higher than the rest of the coin’s design and have no raised edge. This is called an “incuse design”. In fact, this $2.50 Indian Quarter Eagle carries the distinction of being one of only two designs in American history to use an incuse design. The other is the $5 Indian Half Eagle. The decision to strike coins like this was not well received when they came out. However, today they are beloved by collectors. Having their production ceased in 1929, the $2.50 Indian Half Eagle was in production for barely 15 years, meaning that there aren’t many on the market. Out of over 400,000 coins minted, less than 1% of those coins have achieved the AU58 grade by NGC, making this piece highly desirable by collectors.


  • 1 of only 2,012 in NGC population!
  • About Uncirculated 58
  • The obverse features an image of Liberty wearing a full headdress encircled by 13 stars with the word "Liberty" above and the date below and the reverse features a majestic bald eagle.
  • United States Legal Tender