History, Information, and Value of 1928 Indian Quarter Eagle Gold
Value of 1928 Indian Head Quarter Eagle
Coins from the 1928 quarter eagle mintage demonstrate just an average strike, sometimes displaying weakness at the centers and die swelling at the borders of either side. The luster tends to be frosty and attractive, though the surfaces are often marked with scattered abrasions. Finding a clean example is more challenging than for some of the other 1920s issues. Typically medium-gold in color, often accented by greenish and, less often, pinkish hues. The key to the Philadelphia Mint issue is originality, as choice pieces with strong eye appeal are still plentiful in today’s market.
Despite a slightly lower mintage, the 1928 follows the familiar pattern of previous 1920s issues and is common in nearly all grades. Even MS-64 examples remain plentiful and can usually be found for a minimal premium above bullion value. Gems, however, are notably scarcer with fewer than 1,000 pieces thought to have survived. Once again, the finest examples of this issue are thought to grade only MS-66 and number just three to five dozen coins at most.
The text on the Indian Head Quarter Eagle reads as follows. Obverse: LIBERTY; Date; B.L.P. | Reverse: UNITED STATES OF AMERICA; E PLURIBUS UNUM; 2 1/2 DOLLARS; IN GOD WE TRUST
If the text on your coin is not consistent with the text above, you either have a counterfeit, or you have a silver round with gold toning. Silver rounds were introduced recently that bear this same design. With gold toning covering them, it could be easy to confuse your coin for a gold coin. Please look for the word “Copy,” “0.999 Fine,” or “Silver,” before asking our experts what the value of your gold coin is. If you need help determining the condition of your coin, we are rare coin experts and would love to help.