1929 Gold Indian Head 2.5 Dollar Coin
Introduction
The 1929 Gold Indian Head 2.5 Dollar Coin is a rare, valuable and historical coin that attracts collectors and investors alike. This coin is famous for its intricate design and the historical significance it holds. In this article, we will discuss the history, design, and value of the 1929 Gold Indian Head 2.5 Dollar Coin in detail.
History of the 1929 Gold Indian Head 2.5 Dollar Coin
The Gold Indian Head 2.5 Dollar Coin was first introduced in 1908, following the discontinuation of the Liberty Head 2.5 Dollar Coin. The design of the Indian Head 2.5 Dollar Coin was created by Bela Lyon Pratt, a renowned sculptor from Boston. The coin was minted from 1908 to 1929, with the 1929 coin being the last in the series.
The 1929 coin was unique because it was the last 2.5 Dollar Coin made from gold. The Great Depression hit the United States in the same year, which led to the discontinuation of gold coin production. This has made the 1929 Gold Indian Head 2.5 Dollar Coin a rare and valuable piece of history.
Design of the 1929 Gold Indian Head 2.5 Dollar Coin
The design of the 1929 Gold Indian Head 2.5 Dollar Coin is one of the most intricate and beautiful designs in the history of U.S. coins. The obverse side of the coin features the head of a Native American man in full headdress, facing left. The word "LIBERTY" is inscribed to the left, and the year of mintage is inscribed to the right.
The reverse side of the coin features a majestic eagle standing on a bundle of arrows and an olive branch. The words "UNITED STATES OF AMERICA" are inscribed above the eagle, and the denomination "2.5 DOLLARS" is inscribed below.
Value of the 1929 Gold Indian Head 2.5 Dollar Coin
The value of the 1929 Gold Indian Head 2.5 Dollar Coin is determined by several factors, including its rarity, condition, and historical significance. As of 2021, the coin is worth between $300 and $1,000, depending on its condition. However, rare coins in pristine condition can fetch much higher prices at auctions or private sales.
Collectors and investors alike are drawn to the 1929 Gold Indian Head 2.5 Dollar Coin because of its rarity and historical significance. As the last 2.5 Dollar Coin made from gold, this coin is a tangible reminder of a bygone era in American history.
Conclusion
The 1929 Gold Indian Head 2.5 Dollar Coin is a rare and valuable piece of American history that attracts collectors and investors alike. This coin's intricate design, historical significance, and rarity make it a popular choice among coin enthusiasts. Whether you are a collector or an investor, the 1929 Gold Indian Head 2.5 Dollar Coin is a remarkable addition to any collection or portfolio.