1913 2.5 Dollar Gold Coin Melt Value
Introduction
The 1913 2.5 dollar gold coin, also known as the Indian Head Quarter Eagle, is a highly sought-after coin among collectors and investors. This coin was minted from 1908 to 1929 and is considered a classic design in American coinage. The coin was designed by Bela Lyon Pratt, a renowned American sculptor, and is known for its unique incuse design where the design is sunken into the surface of the coin.
History of the 1913 2.5 Dollar Gold Coin
The 1913 2.5 dollar gold coin was minted during a time when the United States was experiencing significant economic growth. The coin was part of a series of gold coins introduced by the US Mint in the early 20th century to meet the growing demand for gold coins. The design of the coin, with its unique incuse design, was a departure from the traditional raised design of other American coins.
Design of the 1913 2.5 Dollar Gold Coin
The 1913 2.5 dollar gold coin features an obverse design of a Native American in full headdress facing left. The word "LIBERTY" is inscribed above the image, and the date "1913" is below. The reverse design features a bald eagle standing on an olive branch with the words "UNITED STATES OF AMERICA" and "2 1/2 DOLLARS" inscribed around the edge.
Melt Value of the 1913 2.5 Dollar Gold Coin
The melt value of the 1913 2.5 dollar gold coin is based on the current market price of gold. The coin contains 0.12094 troy ounces of gold and is made from a 90% gold and 10% copper alloy. As of August 2021, the melt value of the coin is approximately $232.
Collectibility of the 1913 2.5 Dollar Gold Coin
The 1913 2.5 dollar gold coin is highly collectible due to its unique design and historical significance. The coin is also relatively rare, with only 240,000 coins minted in 1913. The value of the coin is determined by a variety of factors, including its condition, rarity, and historical significance. A well-preserved 1913 2.5 dollar gold coin can fetch a premium price at auction or from a dealer.
Conclusion
The 1913 2.5 dollar gold coin is a highly sought-after coin among collectors and investors. The coin's unique incuse design, historical significance, and rarity make it a valuable addition to any collection. The melt value of the coin is based on the current market price of gold and is subject to change. Collectors and investors should always do their research and consult with a reputable dealer before buying or selling any coins.