2 1 2 Dollar Indian Head Gold Coin Weight
The 2 1 2 dollar Indian Head gold coin is one of the most sought-after coins for collectors and investors alike. Known for its intricate design and high gold content, this coin has been a favorite among numismatists for over a century. In this article, we will take a closer look at the weight of this coin and its significance.
The Indian Head Gold Coin
The Indian Head gold coin, also known as the $2.50 gold quarter eagle, was first minted in 1908. It was designed by Bela Lyon Pratt, a renowned sculptor, and features the profile of an American Indian on the front and a bald eagle on the back. The coin was minted until 1929, when it was discontinued due to the Great Depression.
Weight of the 2 1 2 Dollar Indian Head Gold Coin
The 2 1 2 dollar Indian Head gold coin weighs 0.12094 troy ounces, or 3.75 grams. It has a diameter of 18 millimeters and a thickness of 1.22 millimeters. The coin is made of 90% gold and 10% copper, giving it a total gold content of 0.12094 troy ounces.
Significance of the Weight
The weight of the 2 1 2 dollar Indian Head gold coin is significant for several reasons. First, it makes the coin easy to transport and store. Second, it makes the coin affordable for collectors and investors who may not be able to afford larger gold coins. Finally, the weight of the coin ensures that it has a high gold content, making it a valuable investment.
Collecting and Investing in the 2 1 2 Dollar Indian Head Gold Coin
The 2 1 2 dollar Indian Head gold coin is a popular choice for collectors and investors alike. Its unique design and historical significance make it a valuable addition to any collection. Additionally, its high gold content makes it a valuable investment, as it can be easily bought and sold on the gold market.
The value of the coin depends on several factors, including its condition, rarity, and gold content. Collectors and investors should do their research before buying or selling a 2 1 2 dollar Indian Head gold coin to ensure that they are getting a fair price.
Conclusion
The 2 1 2 dollar Indian Head gold coin is a unique and valuable coin that has been a favorite among collectors and investors for over a century. Its weight, design, and gold content make it a significant piece of American history and a valuable investment for those looking to add gold coins to their portfolio.