History, Information, and Value of 1912 Indian Quarter Eagle Gold
Value of 1912 Indian Head Quarter Eagle
The 1912 quarter eagle is typically very well struck, sometimes displaying just a slight weakness to the central obverse. Later die states exhibit peripheral weakness and traces of the stars being pulled to the rim. The luster is usually granular and subdued, placing a premium on more vibrant pieces. Usually found with green-gold and orange-gold coloration, though many pieces have been conserved and are unusually bright. Contact marks and other abrasions seem to be particularly problematic, and eye appeal is consequentially poor overall. Collectors will need patience to find a truly premium example.
Examples of this date are easily acquired up though MS-63, becoming slightly scarcer in MS-64. Availability falls dramatically in Gem, however, where perhaps fewer than 200 pieces exist. Experts suggest that the most pristine survivors of the issue grade MS-66, with less than a dozen pieces know at that grade.
Proofs: The 1912 Proof quarter eagles again used the Sand Blast technique resumed in 1911. However, each of these later dates exhibits subtle differences in color and texture. For example, the typical Proof 1912 Philadelphia Mint coin tends to be slightly lighter in appearance than most Proof 1913 and 1914 quarter eagles. One of the rarer Proofs of its type, the 1912 had a mintage of 197 pieces yet saw considerable destruction of unsold examples in the Mint. Fewer than 100 coins are believed extant, perhaps as few as 50 to 65.
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.