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    1908 Indian Quarter Eagle, PR67+
    Important First Year of Design

    1908 $2 1/2 PR67+ NGC. JD-1, R.4. Bela Lyon Pratt's innovative Indian design, with incuse devices and lettering, was introduced on the quarter eagle in 1908. The Mint found it impossible to produce the brilliant proofs of earlier years with the new design because they could not polish the fields of the dies, which were lower than the design elements, and frost the devices, which were raised on the dies. Instead, the Mint opted for a matte, or sandblast, finish for gold proofs, which resulted in a coin with an artistic, almost medallic appearance, but with somewhat muted luster characteristics and dark surfaces. Anticipating intense demand because of the novelty of the design, a generous mintage of 500 proof Indian quarter eagles was struck, with the coins all delivered on November 25. Unfortunately, contemporary collectors failed to appreciate the sandblast finish and only 236 examples were sold, with the remainder melted after the end of the year. John Dannreuther estimates the surviving population at 100-120 examples in all grades today.

    The present coin is a Plus-graded Superb Gem with sharply detailed design elements in most areas and just the slightest softness on the feathers at the eagle's shoulder. The pleasing orange-gold surfaces are essentially flawless, with soft matte luster and outstanding eye appeal. Census: 33 in 67 (2 in 67+), 2 finer (4/20).

    Coin Index Numbers: (NGC ID# 289G, PCGS# 7957)

    Weight: 4.18 grams

    Metal: 90% Gold, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Bidding Begins Approx.
    15th Friday
    Auction Dates
    3rd-8th Wednesday-Monday
    Proxy Bidding Begins Approx.
    79 Days
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