1915 $2.5 Indian Head NGC MS62

The 1915 $2.5 Indian Head Gold Coin, graded MS62 by NGC (Numismatic Guaranty Corporation), is part of the pre-1933 U.S. gold coinage. The MS62 grade signifies that the coin is in Mint State condition, meaning it has never been circulated and shows no wear. However, as a mid-level uncirculated grade, the coin may display minor surface marks or imperfections that slightly affect its overall eye appeal.

Design

The Indian Head $2.5 Gold Coin, designed by Bela Lyon Pratt, is distinctive for its incuse design, meaning the details are sunken into the coin’s surface, unlike most coins where the design is raised. The obverse features a profile of a Native American chief wearing a feathered headdress, while the reverse shows a standing eagle, a symbol of strength and freedom in the United States. The Indian Head design ran from 1908 to 1929.

History of Pre-1933 Gold Coins

Pre-1933 gold coins refer to U.S. gold coinage minted before the federal government recalled much of the nation’s gold in response to the Great Depression and implemented the Gold Reserve Act of 1934. These coins circulated widely in American commerce until 1933, when President Franklin D. Roosevelt’s executive order required citizens to surrender most gold coins to the government, which melted many down. This makes pre-1933 gold coins, like the 1915 Indian Head $2.5, both scarce and historically significant.

Today, these coins are valued not only for their precious metal content but also for their historical significance and craftsmanship. Owning a coin like the 1915 $2.5 Indian Head in MS62 condition is highly desirable among collectors and investors.