1908 $2.5 MS66 PCGS
A splendid Gem quality example of the debut year for the Indian quarter eagle series. This specimen is quite sharply struck with frosty yellow-gold luster. Even close examination fails to reveal any noteworthy abrasions or coppery toning spots on either the obverse or reverse. This example is certainly a candidate for one of the very finest known of the issue. The reverse exhibits the typical light weakness at the top of the eagle's wing, this due to a lack of detail in the original coinage die and not a characteristic of strike.
The Indian Head quarter eagles and half eagles featured a unique design concept among American coinage. While the actual designs are in relief (raised), they were actually sunk below the level of the fields so that the very highest design points are on the same plane as the fields, different than all other coinages with design features that are raised above the fields. As a result, these are among the most difficult coins to grade. The designer who prepared these designs was a noted sculptor from Boston - Bela Lyon Pratt. This design was part of the coinage redesign project of President Theodore Roosevelt, the same redesign project that resulted in the August Saint-Gaudens design twenty dollar and ten dollar gold coins. (PCGS 7939)