1908 $2.50 (Regular Strike)

Series: Indian Head $2 1/2 1908-1929

PCGS MS67

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PCGS MS67

PCGS #:: 7939

Designer:: Bela Lyon Pratt

Edge:: Reeded

Diameter:: 18.00 millimeters

Weight:: 4.18 grams

Mintage:: 564,821

Mint:: Philadelphia

Metal:: 90% Gold, 10% Copper

Auction Record:: $66,000 • MS64+ • 08-28-2011 • Great Collections

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1908 $2.50

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	41,333	R-2.5	8 / 15 TIE	8 / 15 TIE
60 or Better	26,833	R-2.7	6 / 15 TIE	6 / 15 TIE
65 or Better	1,016	R-4.9	12 / 15 TIE	12 / 15 TIE

Survival Estimate
All Grades	41,333
60 or Better	26,833
65 or Better	1,016

Numismatic Rarity
All Grades	R-2.5
60 or Better	R-2.7
65 or Better	R-4.9

Relative Rarity By Type All Specs in this Type
All Grades	8 / 15 TIE
60 or Better	6 / 15 TIE
65 or Better	12 / 15 TIE

Relative Rarity By Series All Specs in this Series
All Grades	8 / 15 TIE
60 or Better	6 / 15 TIE
65 or Better	12 / 15 TIE

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS67 PCGS grade
1	MS67 PCGS grade
3	MS66+ PCGS grade	Bob R. Simpson Collection
3	MS66+ PCGS grade	Donald A. Kutz Collection
3	MS66+ PCGS grade
6	MS66 PCGS grade
6	MS66 PCGS grade
6	MS66 PCGS grade
6	MS66 PCGS grade
6	MS66 PCGS grade

#1 MS67 PCGS grade

#3 MS66+ PCGS grade

Bob R. Simpson Collection

#3 MS66+ PCGS grade

Donald A. Kutz Collection

#3 MS66+ PCGS grade

#6 MS66 PCGS grade

David Akers (1975/88): The 1908 is definitely one of the most common issues of the series, and Mint State specimens up to the MS-63 and MS-64 levels can be obtained without too much difficulty. In MS-65 the issue is scarce but there are still a subatantial enough number around that one can be located with only a little effort. In MS-65 or better condition the 1908 is the most common Indian Head quarter eagle, probably by a fair margin. Being the first year of issue, many were saved as souvenirs or novelties and, as a result, there are a fair number of superb quality, near perfect examples of this date in existence.

The 1908 is typically well struck on the obverse but the reverse has a noticeable lack of detail on the eagle's wing. This is not the result of a weak strike but rather stems from a lack of die detail. (The die work was improved on later issues in the series.) The color is usually a medium greenish gold and the lustre is good but not exceptional. Most specimens have a rather "soft" frosty or sometimes even slightly satiny appearance.