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The Certified US Gold $2.5 Indian coin from 1914-D, graded MS61 by NGC, is a notable example of early 20th-century American coinage. Struck during a period of significant economic growth and change in the United States, this coin reflects the nation’s burgeoning identity and the artistry of its minting practices. The Indian Head design, created by renowned engraver Bela Lyon Pratt, was introduced in 1908 and remained a popular choice among collectors and investors alike.
The history of the Indian Head series is closely tied to the events of the early 1900s, a time marked by the discovery of gold in various parts of the country, including California and Alaska. As gold production soared, the U.S. Mint sought to produce coinage that would not only serve as currency but also embody the spirit of the nation. The Indian Head design was innovative for its time, featuring a native American chief in full headdress on the obverse, a design that celebrated the nation's heritage while also reflecting the artistic influences of the period.
The 1914-D coin was minted at the Denver Mint, which began operations in 1906 and quickly became a key facility for producing gold coins. The "D" mint mark indicates that this coin was struck in Denver, distinguishing it from its counterparts produced at other mints, such as Philadelphia and San Francisco. The 1914-D is particularly significant within the Indian Head series due to its lower mintage compared to other years. This limited production enhances its desirability among collectors, making it a sought-after piece in the Indian Head Gold series.
The design of the 1914-D Indian Head $2.5 gold coin is distinctive and rich in symbolism. The obverse features the iconic portrait of a Native American chief, facing left, adorned with a feathered headdress. The intricate details of the headdress and the chief's facial features are beautifully rendered, showcasing Pratt's exceptional engraving skills. Surrounding the portrait is the inscription "LIBERTY," a bold statement of the ideals of freedom and identity that were central to the American ethos during this time. The year "1914" is positioned below the portrait, marking the specific year of minting.
On the reverse, the design features a majestic eagle in flight, a powerful symbol of strength and freedom. The eagle clutches an olive branch and arrows, representing peace and readiness to defend the nation. Above the eagle are the inscriptions "UNITED STATES OF AMERICA" and "2 1/2 DOLLARS," clearly indicating the coin's denomination. The combination of the eagle and the denomination highlights the coin's purpose as both currency and a symbol of national pride.
The mintage for the 1914-D Indian Head $2.5 gold coin was approximately 120,000 pieces, making it one of the lower mintage coins in the series. This limited availability contributes to its key date status, as collectors often seek out coins from years with lower production numbers. The MS61 grade indicates that this coin has retained a good level of detail and luster, with only minor imperfections that are typical for coins in this range. In the world of numismatics, coins in MS61 condition are appreciated for their balance between quality and affordability, allowing collectors to acquire significant pieces without entering the higher price brackets associated with perfect specimens.
In summary, the Certified US Gold $2.5 Indian 1914-D MS61 NGC is a remarkable example of American coinage that encapsulates a rich historical narrative. From its intricate design to its limited mintage, this coin serves as both a piece of currency and a collectible treasure. As the U.S. Mint continues to produce a diverse range of coins, the Indian Head series remains a cherished chapter in the story of American numismatics, and the 1914-D stands out as a significant highlight. Collectors value this coin not only for its aesthetic appeal but also for its historical context, making it an essential addition to any comprehensive collection of U.S. gold coins.