Gold Indian $2.50 Coin - Brilliant Uncirculated

The $2.50 Gold Indian is one of the most unique 90% gold coins ever issued by the U.S. Mint. What sets it (and the $5 Indian) apart from other U.S. coins is that they were the first (and only) issues to exhibit the engraving technique known as incuse relief. On “incused” coins, the design elements and lettering have a sunken-in appearance as opposed to the raised, high-relief appearance on other coins.

Designed by the innovative Bela Lyon Pratt, the coin’s obverse features the first true American Indian ever to appear on United States coinage. Previously, Caucasian models dressed in American Indian attire were used. The reverse showcases a proud bald eagle standing among olive branches, surrounded by the words 'UNITED STATES OF AMERICA'. Each coin is in highly-collectible Brilliant Uncirculated condition–a remarkable achievement considering that each coin is almost 100 years old or older.

During the Great Depression, millions of these coins were melted down for their 90% pure gold content. Today, it’s estimated that less than 1% of them remain, and even fewer still are in pristine brilliant uncirculated condition like the coins being offered here. The Gold Indian had a very short mint run of just 13 years and was the last $2.50-denominated coin ever to be issued by the Mint. Their historical value, precious metal content and unique incused beauty make them an exceptional addition to anyone’s collection of vintage American coins. Selection includes random dates and mint marks.

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