1912-P (Philadelphia) Indian Head Quarter Eagles $2.50

Coin / United States of America / 1912 / Philadelphia / Indian Head Quarter Eagles $2.50 / $2.50 (Two and a Half Dollars)

The coin in question is a 1912 Indian Head Quarter Eagle, commonly referred to as the $2.50 gold piece. This specific example was minted at the Philadelphia Mint and bears the mint mark 'P'. It is a part of the Indian Head series, distinguished by its exceptional design and craftsmanship. Struck in 90% gold, this coin aligns with the fine gold standard, weighing in at 4.18 grams and featuring a diameter of 18 millimeters. Notably, it was produced as a proof coin, which means it was struck with additional care to create a highly polished and detailed finish, resulting in a striking appearance when compared to standard circulation strikes. With a mintage of only 197 pieces, this 1912 Indian Head Quarter Eagle is considered rare and collectible. The coin showcases the iconic imagery associated with the Indian Head design, making it a cherished item among numismatists and gold coin enthusiasts alike. As part of the United States currency system, its denomination is officially recognized as $2.50 (Two and a Half Dollars), making it a fascinating piece of American history and a valuable addition to any collection.