1929 $2.50 (Regular Strike)

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

PCGS MS66

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PCGS MS66

PCGS #:: 7953

Designer:: Bela Lyon Pratt

Edge:: Reeded

Diameter:: 18.00 millimeters

Weight:: 4.18 grams

Mintage:: 532,000

Mint:: Philadelphia

Metal:: 90% Gold, 10% Copper

Auction Record:: $54,625 • MS66 • 03-24-2010 • Heritage Auctions

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1929 $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	66,166	R-2.3	13 / 15 TIE	13 / 15 TIE
60 or Better	49,000	R-2.5	13 / 15 TIE	13 / 15 TIE
65 or Better	433	R-6.1	10 / 15	10 / 15

Survival Estimate
All Grades	66,166
60 or Better	49,000
65 or Better	433

Numismatic Rarity
All Grades	R-2.3
60 or Better	R-2.5
65 or Better	R-6.1

Relative Rarity By Type All Specs in this Type
All Grades	13 / 15 TIE
60 or Better	13 / 15 TIE
65 or Better	10 / 15

Relative Rarity By Series All Specs in this Series
All Grades	13 / 15 TIE
60 or Better	13 / 15 TIE
65 or Better	10 / 15

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS67 PCGS grade
2	MS66 PCGS grade	Heritage 6/2014:4791, $30,550
2	MS66 PCGS grade
2	MS66 PCGS grade
5	MS65+ PCGS grade
5	MS65+ PCGS grade
5	MS65+ PCGS grade
5	MS65+ PCGS grade
9	MS65 PCGS grade
9	MS65 PCGS grade

#1 MS67 PCGS grade

#2 MS66 PCGS grade

Heritage 6/2014:4791, $30,550

#2 MS66 PCGS grade

#5 MS65+ PCGS grade

#9 MS65 PCGS grade

David Akers (1975/88): This is an unusual issue in that it is easy to find in MS-63 or lower condition but surprisingly difficult to locate in MS-64 or better grade. Gems are rare without a doubt, considerably more so than any of the other late issues. Why this is so I really have no idea but I can state that I have not seen all that many 1929 quarter eagles that would grade a full MS-65 by today's stringent standards. A few superb, nearly perfect pieces are known but in MS-67 condition, the 1929 is clearly a major rarity.

The strike on a typical 1929 is very good although some specimens are not quite as sharp as the several issues immediately preceding this one. Many examples also show obvious signs of die buckling at the borders. Lustre is nearly always very good to excellent and the color is most often a rich yellow gold with a greenish tint.

David Hall:

The 1929 is the major condition rarity of the later date $2.5 Indians. It is really rare in superb condition. The one MS67 was graded by PCGS in August, 1987. I remember the coin and it was really spectacular. I haven't seen the coin since and it hasn't appeared in any auction that I know of.