United States Indian $2.50 Gold Coin
The “Indian Head” design was created by Boston sculptor Bela Lyon Pratt and the similar Half Eagle piece. This coin had an interesting history. The coin was a departure from other examples of American coinage, because it had no raised edges, instead featuring a design sunk into the planchet. The public had much distaste for the experimental, unusual design of the coin, however. Many feared that the recessed surface of the coin would collect germs, and others felt that it was ugly and numismatists took little interest in the coin. This resulted in few examples in uncirculated condition and the coin slipped into obscurity for many years. However, collectors today adore the exotic design and the coin is today recognized as part of the creative renaissance of American coinage. The Indian Head design was produced from 1908 to 1929.
According to the well-respected Lombra Study commissioned by the U.S. Congress, the average annual returns from 1979-2008 were between 11.5% and 13.4% for these coins graded between MS63-64 year over year. That’s higher than any other traditional investment tool including stocks, bonds, t-bills, savings accounts, savings bonds, and so on; making this MS64 Quarter Eagle a fantastic buy for the long term investor, too.
If you are looking for a great investment coin, these gold Indians are an excellent choice.
Source: http://finerarecoins.blogspot.com/2013/07/united-states-indian-250-gold-coin.html
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