Indian Head $2.50 Quarter Eagle melt value

United States, 1908–1929. Contains 0.12094 troy oz of pure gold. The value below updates with the live spot price.

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Melt value today

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One Indian Head $2.50 Quarter Eagle—
Pure gold
0.12094 troy oz
Purity
.900
—

Specifications

CountryUnited States
Years1908–1929
Denomination$2.50
Composition90% gold, 10% copper
Total weight4.18 g
Purity.900 (90% gold)
Pure gold3.762 g (0.12094 troy oz)
Diameter18 mm
EdgeReeded
Obverse designBela Lyon Pratt
Reverse designBela Lyon Pratt
Face value$2.50

The design is sunk into the surface (incuse) rather than raised.

Specifications: U.S. Mint records and Smithsonian National Numismatic Collection.

Melt value history

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Worth at other gold prices

Gold spotOne Indian Head $2.50 Quarter Eagle
$3,000 / ozt$362.82
$3,500 / ozt$423.29
$4,000 / ozt$483.76
$4,500 / ozt$544.23
$5,000 / ozt$604.70

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Common questions

How much gold is in a Indian Head $2.50 Quarter Eagle?

A Indian Head $2.50 Quarter Eagle contains 0.12094 troy ounces (3.762 grams) of pure gold. It weighs 4.18 grams in total and is .900 fine.

How is the melt value of a Indian Head $2.50 Quarter Eagle calculated?

Multiply the pure gold content (0.12094 troy oz) by the current gold spot price. The calculator on this page does this automatically with live prices.

Is a Indian Head $2.50 Quarter Eagle worth more than melt value?

Often, yes. Scarce dates, certain mint marks and coins in high grade sell to collectors for more than their metal content. Common circulated examples usually trade close to melt. Check the date and mint mark before selling.

Melt value is an estimate of metal content at spot price. It is not an offer, appraisal or measure of collector value.