The 1914 Indian Head 2 1 2 Dollar Gold Coin is a rare and valuable coin that was minted by the United States Mint in Philadelphia. It is part of the Indian Head series of gold coins that were produced from 1908 to 1929. The coin is made of 90% gold and 10% copper, with a diameter of 18 mm and a weight of 4.18 grams. In this article, we will take a closer look at the history and significance of the 1914 Indian Head 2 1 2 Dollar Gold Coin.
The Design
The obverse of the coin features the profile of a Native American chief, with the word "LIBERTY" inscribed above his head and the year of mintage below. The reverse of the coin displays a bald eagle perched on a bundle of arrows and an olive branch, with the words "UNITED STATES OF AMERICA" and "2 1/2 DOLLARS" inscribed around the edge.
The History
The Indian Head series of gold coins was introduced by President Theodore Roosevelt in an effort to revitalize American coinage. The design of the coins was created by sculptor Bela Lyon Pratt, who was inspired by the beauty and simplicity of Native American art. The coins were initially met with some resistance from the public, who found the incuse design to be unusual and difficult to read. However, over time, the coins became popular with collectors and investors.
The Significance
The 1914 Indian Head 2 1 2 Dollar Gold Coin is significant for several reasons. First, it is a rare coin, with only 514,000 pieces minted. Second, it is one of the last coins produced in the Indian Head series, as the series was discontinued in 1929 due to the Great Depression. Finally, the coin is a beautiful example of American coinage, with its unique incuse design and gold content making it a valuable addition to any collection or investment portfolio.
The Value
The value of the 1914 Indian Head 2 1 2 Dollar Gold Coin varies depending on several factors, including its condition, rarity, and current market conditions. As of 2021, the coin is valued at around $400 in very fine condition, $600 in extremely fine condition, and $800 in uncirculated condition. However, prices can fluctuate based on demand and other market factors.
Conclusion
The 1914 Indian Head 2 1 2 Dollar Gold Coin is a rare and valuable coin that is significant for its history, design, and value. Whether you are a collector or an investor, this coin is a beautiful and worthwhile addition to any collection or portfolio.
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