Categories
 

  Morgan Dollars

Collectible Coins

   

1915 $2.5 INDIAN GSA HOARD AU58

<< Previous in $2.5 Indian Gold Next in $2.5 Indian Gold >>

Price: $1,145.00
Sold Out
Item Number: NK11033
1915 $2.5 INDIAN GSA HOARD AU58

President Theodore Roosevelt marveled at the beauty of the ancient Greek and Roman coins he saw in an exhibition. He considered the designs on U.S. coinage to be old and tired and not reflective of America’s status as world leaders. The new President consulted with his friend Dr. William S. Bigelow who gave him the idea of creating new gold coins with an “incuse” design. The Boston based sculptor Bela Lyon Pratt was commissioned to create the $2.5 Indian Head gold coin.
 
The design features a Native American chief on the obverse facing left. The chief wore a large feather headdress. Surrounding the design are thirteen stars for the original thirteen colonies. The reverse shows a majestic eagle perched atop an arrow emblematic of war; in his talons are olive branches, the symbols of peace.

The coins were issued from 1908 – 1929 and were struck at the Philadelphia Mint. In 1911, 1914 and 1915 coins were also struck at Denver. In addition eight low mintage Proof coins were struck between 1908 – 1915. These $2.5 Indian Head and the $5 Indian Head are the only coins struck with “incuse” designs – i.e., the central design of the Indian chief is sunk below the surfaces of the coins.
 
Specifications
 
Date:
Denomination: $2.5
Metal: Gold
Weight: 4.18 grams
Purity: .900
Diameter: 18 mm
Mint: Philadelphia
Condition: AU58
NGC Population: