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SERIES: Indian Head $2 1/2 1908-1929
LEVEL: Year, MintMark, & Major Variety

1908 $2.50 (Regular Strike)

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PCGS MS66+

PCGS MS66+

PCGS MS66
PCGS #:
7939
Diameter:
18.00 millimeters
Designer:
Bela Lyon Pratt
Weight:
4.18 grams
Edge:
Reeded
Mintage:
564,821
Metal Content:
90% Gold, 10% Copper
Auction Record:
$66,000 • NGC MS64+ • 8-28-2011 • Great Collections
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 41,333 R-2.5 8 / 15 TIE 8 / 15 TIE
60 or Better 26,833 R-2.7 6 / 15 TIE 6 / 15 TIE
65 or Better 1,016 R-4.9 12 / 15 TIE 12 / 15 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade  
1 MS67 PCGS grade  
3 MS66+ PCGS grade

Simpson Collection

3 MS66+ PCGS grade
3 MS66+ PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade  
1 MS67 PCGS grade  
3 MS66+ PCGS grade

Simpson Collection

3 MS66+ PCGS grade
3 MS66+ PCGS grade  
6 MS66 PCGS grade
6 MS66 PCGS grade
6 MS66 PCGS grade
6 MS66 PCGS grade
6 MS66 PCGS grade  
David Akers (1975/88): The 1908 is definitely one of the most common issues of the series, and Mint State specimens up to the MS-63 and MS-64 levels can be obtained without too much difficulty. In MS-65 the issue is scarce but there are still a subatantial enough number around that one can be located with only a little effort. In MS-65 or better condition the 1908 is the most common Indian Head quarter eagle, probably by a fair margin. Being the first year of issue, many were saved as souvenirs or novelties and, as a result, there are a fair number of superb quality, near perfect examples of this date in existence.

The 1908 is typically well struck on the obverse but the reverse has a noticeable lack of detail on the eagle's wing. This is not the result of a weak strike but rather stems from a lack of die detail. (The die work was improved on later issues in the series.) The color is usually a medium greenish gold and the lustre is good but not exceptional. Most specimens have a rather "soft" frosty or sometimes even slightly satiny appearance.