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

1928 $2.50 (Regular Strike)

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PCGS MS66

PCGS MS65+

PCGS MS65+
PCGS #:
7952
Diameter:
18.00 millimeters
Designer:
Bela Lyon Pratt
Weight:
4.18 grams
Edge:
Reeded
Mintage:
416,000
Metal Content:
90% Gold, 10% Copper
Auction Record:
$15,275 • PCGS MS66 • 7-11-2013 • Heritage
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250
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255
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260
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265
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275
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280
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285
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290
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290
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 54,000 R-2.4 11 / 15 TIE 11 / 15 TIE
60 or Better 39,666 R-2.6 11 / 15 TIE 11 / 15 TIE
65 or Better 983 R-5.0 11 / 15 11 / 15
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
David Akers (1975/88): The 1928 is slightly more rare overall than the 1926 and 1927 and although MS-63 or lesser quality specimens are easily obtainable, this issue is more elusive in MS-64 than many would suspect. Gems are very scarce, if not rare, and are considerably more difficult to find than those of 1926 and 1927, not to mention 1925-D and 1908. Relatively few specimens better than MS-65 are known, and such high quality examples can really be considered extremely rare.

The 1928 is usually fairly attractive in Mint State although not quite as much so as the typical 1926 or 1927. It is generally well struck with very frosty surfaces, very good lustre, and color that is most often light to medium gold with a greenish tint. Many examples do exist, however, that are a lighter rose coloered gold. Some specimens exhibit striking anomalies; these are the most noticeable at the borders but sometimes in the central portion of the design as well.