The quarter eagle or $2.50 gold coin denomination had a long life and many variations including the 1796 “Turban Head” or “Capped Bust” quarter eagle (with stars), the 1808 “Capped Bust”, 1821 “Capped Head”, 1834 “Capped Head” (reduced), the Liberty head, also known as the “Coronet Head” and the unique incuse lettered Indian. The Indian coin was designed by Boston sculptor Bela Lyon Pratt. The coin had no raised edges, but rather sunken in. A lot of people thought these grooves would fill up with germs and avoided using it. Today the coin is considered a creative departure from the norm, and is a great addition to any gold coin collection.
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