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$2.5 Indian
$2.5 Indian
$2.5 Indian
$2.5 Indian
$2.5 Indian
$2.5 Indian

$2.5 Indian


  • Gold Content – 0.12094 oz.
  • Gross Weight – 4.18 g
  • Composition – 90% gold, 10% copper
  • Coin Diameter – 18 mm
  • Thickness – 1.14 mm
  • Mint Dates – 1908-1915; 1925-1929
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Details

Overview

The $2.50 Indian Head is one of two coins designed by sculptor Bela Lyon Pratt at the request of President Theodore Roosevelt. Dr. William Sturgis Bigelow, a good friend of the president, recommended Pratt, who had once been a student of Augustus Saint-Gaudens. The $2.50 Indian Head is smaller and less impressive than the coins of Saint-Gaudens, but the Pratt designs are more innovative and daring.

Design

The obverse (front) shows a Native American chief, the first true Native American ever to appear on United States coinage. Before, Caucasian models dressed in native attire were used. The chief on the Indian Head wears a full-feathered headdress with “Liberty” above the headband. The issue date and 13 stars circle him.The reverse has a bald eagle among olive branches, surrounded by “UNITED STATES OF AMERICA,” “IN GOD WE TRUST” and the denomination

Minting

The $2.50 and $5 Indian Head gold coins are the first (and only) U.S. gold coins to use the incuse relief technique, giving the lettering and design elements a sunken look on a flat plane. This technique caused controversy when the coin was released because many wrongly believed the design grooves would spread germs.

Valuation

This is a premium coin, meaning the coin’s price includes a premium above the melt value of the precious metal it contains, which includes Augusta’s margin. This premium is solely determined and controlled by Augusta, based on factors Augusta deems valuable in determining and controlling such premium. Other retailers may not recognize the premium value that Augusta recognizes for this premium coin and may only be willing to pay as little as the melt value for this coin (the value of the precious metal that the coin contains). If you sell this coin to a retailer that does not recognize the premium value assessed by Augusta at the time of sale, then such sale may result in significant losses. Augusta cannot guarantee that it will buyback any item it sells and cannot guarantee another retailer will purchase this premium coin.

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All decisions regarding the purchase or sale of precious metals are your own, and should only be made after considering your investment objectives, risk tolerance, and level of experience. Augusta Precious Metals cannot guarantee, assure, or promise future market movement, prices, or profits. Past performance does not guarantee future results. Any investment in precious metals is speculative and could result in significant financial losses.

* Past customers received silver coins as a thank-you for reviews. Joe Montana is a paid ambassador for Augusta.

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