1908 $2.50 (Proof)

Series: Indian Head $2 1/2 1908-1915

PCGS PR67+

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PCGS PR67+

PCGS PR67

PCGS #:: 7957

Designer:: Bela Lyon Pratt

Edge:: Reeded

Diameter:: 18.00 millimeters

Weight:: 4.18 grams

Mintage:: 236

Mint:: Philadelphia

Metal:: 90% Gold, 10% Copper

Auction Record:: $70,500 • PR67 • 01-07-2015 • Heritage Auctions

ShowHide Related Coins and Varieties (2)

Major Varieties

1908 $2.50

Die Varieties

1908 $2.50 JD-1

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Price Guide (USD)

PCGS Population

Auctions - PCGS Graded

Auctions - NGC Graded

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Current Auctions - NGC Graded

For Sale Now at Collectors Corner - PCGS Graded

For Sale Now at Collectors Corner - NGC Graded

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	146	R-7.5	8 / 8	8 / 8
60 or Better	140	R-7.6	8 / 8	8 / 8
65 or Better	80	R-8.2	7 / 8 TIE	7 / 8 TIE

Survival Estimate
All Grades	146
60 or Better	140
65 or Better	80

Numismatic Rarity
All Grades	R-7.5
60 or Better	R-7.6
65 or Better	R-8.2

Relative Rarity By Type All Specs in this Type
All Grades	8 / 8
60 or Better	8 / 8
65 or Better	7 / 8 TIE

Relative Rarity By Series All Specs in this Series
All Grades	8 / 8
60 or Better	8 / 8
65 or Better	7 / 8 TIE

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	PR67 PCGS grade
1	PR67 PCGS grade	Heritage 1/2015:4250, $70,500
1	PR67 estimated grade	Heritage 4/2014:5705, $49,937.50
4	PR66 PCGS grade	Fairfax Collection - Heritage 4/2013:4477, $38,187.50
4	PR66 PCGS grade
4	PR66 PCGS grade
4	PR66 PCGS grade
4	PR66 PCGS grade
4	PR66 PCGS grade
4	PR66 PCGS grade

#1 PR67 PCGS grade

Heritage 1/2015:4250, $70,500

#1 PR67 estimated grade

Heritage 4/2014:5705, $49,937.50

#4 PR66 PCGS grade

Fairfax Collection - Heritage 4/2013:4477, $38,187.50

#4 PR66 PCGS grade

Ron Guth:

In 1908, the U.S. Mint introduced a new design on the Quarter Eagle that consisted of an incused, head of an American Indian on one side, and an incused, stoic eagle on the reverse. The new type was hugely successful and the Philadelphia Mint produced over 500,000 examples to satisfy demand from the general public (this was the largest mintage since 1861). For the more sophisticated collectors, the Mint struck Proof versions with a new sandblast finish. These unusual Proofs were quite popular in spite of the dull finish, and collectors purchased 236 of them -- a record mintage for Proof Quarter Eagles until then.

Surviving examples are generally nice, appearing most often in PR64 and PR65. Superb examples are extremely rare, with only a few PR67s at the top of the PCGS CoinFacts Condition Census.