The 1928 Indian Head quarter eagles have value as numismatic coins. Keep reading to learn more about these gold coins.
Specifications
Type: Indian Head Quarter Eagle
Year: 1928
Face Value: $2.50
Composition: 90% gold, 10% copper
Gold Weight: .12094 oz.
Total Weight: 4.18 grams
Current Gold Bullion Value: $302.02
The US minted the 1928 Indian Head quarter eagle with no mint mark. No other series were minted for this year.
Series | Location | Quantity Minted |
---|---|---|
1928 | Philadelphia | 416,000 |
Value
This coin in circulated condition is worth at least its weight in gold. The gold melt value for this coin is $302.02. This melt value is calculated from the current gold spot price of $2,497.31 per ounce.
The 1928 Indian Head quarter eagle is worth around $475 in very fine condition. In extremely fine condition the value is around $500. In uncirculated condition the price is around $550 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $650.
Grading System
Very fine- The hair-cord knot is distinct. The feathers at the top of the head are clear. The cheekbone is worn.
Extremely fine- The headband feathers, war bonnet, and cheekbone are slightly worn.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
Sources:
The Red Book
See also:
1929 Indian Head Quarter Eagle 1927 Indian Head Quarter Eagle 1926 Indian Head Quarter Eagle