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The Certified US Gold $2.5 Indian coin from 1912, graded MS62 by NGC, represents a notable example of early 20th-century American numismatics. This coin is part of the Indian Head series, which was minted from 1908 to 1929. The series is renowned for its distinctive design and the role it played in American coinage history. The 1912 date is significant in the series as it was a year marked by modest production figures and distinctive design features that appeal to collectors and historians alike.
The history of the $2.5 Indian Head gold coin begins with its introduction in 1908, when it replaced the Liberty Head design that had been in use for several decades. The change was part of a broader effort to modernize American coinage and reflect contemporary artistic trends. The Indian Head design, created by sculptor Augustus Saint-Gaudens, was intended to evoke a sense of American heritage and pride. The coin was minted until 1929, a period that saw various economic changes and historical events impacting the country. The 1912 issue is especially noteworthy for its role in the transition period of early 20th-century coinage and its place in the larger context of American history.
The design of the 1912 $2.5 Indian Head gold coin is characterized by its striking and distinctive elements. The obverse features a profile of a Native American chief wearing a feathered headdress. This design element was intended to honor Native American culture and heritage. The chief is depicted in high relief, with intricate details that showcase the artistry of Augustus Saint-Gaudens. The reverse of the coin displays a majestic eagle in flight, clutching an olive branch, which symbolizes peace. The inscriptions on the coin include “LIBERTY” on the obverse and “UNITED STATES OF AMERICA” and “2 1/2 DOLLARS” on the reverse, with the denomination prominently displayed. The design is notable for its artistic quality and the way it captures the spirit of the early 20th century.
The minting of the 1912 $2.5 Indian Head coin took place at the Philadelphia Mint, which was the primary minting facility for gold coins at the time. The coin was produced during a period of significant economic change, including the tail end of the Panic of 1907 and the beginning of World War I. The 1912 issue is part of a limited mintage, with only a few thousand coins produced that year. This relatively low mintage contributes to its desirability among collectors. The coin was struck with high-quality standards, reflecting the craftsmanship and precision of the Philadelphia Mint during this era.
The mintage of the 1912 $2.5 Indian Head gold coin was relatively modest compared to other years in the series. The total number of coins produced in 1912 was approximately 191,000. This lower mintage contributes to the coin's rarity and collectible value, especially in higher grades. Collectors and investors often seek out coins with low mintage figures and high-grade examples, making the 1912 issue particularly appealing. The limited production adds to the historical significance and the allure of owning a piece of early 20th-century American coinage.
The condition of the Certified US Gold $2.5 Indian coin from 1912 is a crucial factor in its value and appeal. The coin is graded MS62 by NGC, which indicates that it is in Mint State with some minor marks or imperfections visible under magnification. MS62 is a grade that reflects a coin with a high level of detail and luster, but with visible signs of handling or contact. Despite these minor imperfections, the coin retains much of its original beauty and quality. Coins in this grade are highly sought after by collectors who appreciate the historical significance and artistic value of the piece. The MS62 grade ensures that the coin is preserved in a condition that reflects its status as a piece of early American numismatic history.
In summary, the Certified US Gold $2.5 Indian coin from 1912, graded MS62 by NGC, is a significant and desirable piece of American numismatic history. Its distinctive design, modest mintage, and high-quality craftsmanship make it a valuable addition to any collection. The coin's historical context and artistic appeal contribute to its lasting legacy and its place in the broader story of American coinage. Whether for investment purposes or as a collector's item, the 1912 $2.5 Indian Head gold coin remains a testament to the artistry and history of early 20th-century American currency.