Item: i80938 Authentic Coin of. United States of America - Indian Head - Quarter Eagle. 1914 Gold 2 1/2 Dollars 18mm (4.18 grams) 0.900 Gold 0.121 oz. AU 58 5709568-012 Native-American Indian wearing feather headdress; thirteen five-pointed stars around; LIBERTY above; B. UNITED STATES OF AMERICA IN GOD WE TRUST E PLURIBUS UNUM 2 1/2 DOLLARS, American eagle standing left with closed wings on a bunch of arrows with vine a wine around them.The Indian Head gold pieces or Pratt-Bigelow gold coins were two separate coin series, identical in design, struck by the United States Mint: a two-and-a-half-dollar piece, or quarter eagle, and a five-dollar coin, or half eagle. The half eagle was struck from 1908 to 1916, and in 1929. The pieces remain the only US circulating coins with recessed designs. These coins were the last of their denominations to be struck for circulation, ending series that began in the 1790s. President Theodore Roosevelt, from 1904, vigorously advocated new designs for United States coins, and had the Mint engage his friend, the sculptor Augustus Saint-Gaudens, to design five coins (the four gold pieces and the cent) that could be changed without congressional authorization. With the eagle and double eagle released into circulation by the end of 1907, the Mint turned its attention to the half eagle and quarter eagle, originally planning to duplicate the double eagle's design.
The Mint had difficulty fitting the required inscriptions on the small gold coins. President Roosevelt, in April 1908, convinced Mint Director Frank Leach that it would be a better idea to strike a design similar to that of the eagle, but below the background, to secure a high-relief effect. Such coins were designed by Boston sculptor Bela Lyon Pratt at the request of the President's friend, William Sturgis Bigelow.After some difficulty, the Mint was successful in this work, though Pratt was unhappy at modifications made by the Mint's engravers, headed by longtime Chief Engraver Charles E. The two pieces were struck until World War I caused gold to vanish from circulation, and then again in the late 1920s. Neither coin circulated much; the quarter eagle saw popularity as a Christmas present. In 1933, President Franklin Roosevelt stopped the issuance of gold in coin form, and recalled many pieces which were in private or bank hands. World-renowned expert numismatist, enthusiast, author and dealer in authentic ancient Greek, ancient Roman, ancient Byzantine, world coins & more.
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The item "1914 UNITED STATES of AMERICA US 2 1/2 Dollar GOLD Quarter EAGLE NGC AU i80938" is in sale since Wednesday, October 16, 2019. This item is in the category "Coins & Paper Money\Coins\ US\Gold (Pre-1933)\$2.50, Quarter Eagle". The seller is "highrating_lowprice" and is located in Rego Park, New York.
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