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Indian Head Quarter Eagle

1914 Indian Head Quarter Eagle

1914 Indian Head Quarter Eagle
1914 Indian Head $2.5 NGC PF67
PCGS No: 7946, 7963
Mintage: 239,975
Proofs: 117
Designer: Bela Lyon Pratt
Diameter: 18 millimeters
Metal content: 90% gold / Copper - 10%
Weight: ±64.5 grains (±4.18 grams)
Edge: Reeded
Mintmark: None (for Philadelphia, PA) left of the arrowheads on the reverse.

The 1914 Indian Head quarter eagle has the second-lowest mintage for the entire series. It is a condition rarity in gem grades, and easily ranks as one of the top-four condition rarities in gem MS-65 or finer grades for this series. Even in lower Mint State grades, this coin is a challenge, with fewer coins reported than almost any other issue besides the 1911-D issue. In most cases the 1914 quarter eagle is about on par in terms of rarity in Mint State grade. A significant number of the examples certified show evidence of light to moderate circulation, and these were not saved in large numbers at the time of coinage. The devices are sharp and the surfaces show strong luster as compared with other years. This date was long considered the second rarest issue to obtain in gem grades, but summary PCGS Population Reports and NGC Census data indicate that the 1914 has been nudged out of second position by its brother the 1914-D in gem grades. The authors have noted that the 1912 quarter eagle in gem condition is just a hair behind the 1914 issue in terms of rarity.

The mintage figure dropped significantly in 1914 with nearly a half million fewer Quarter Eagles produced at the Philadelphia mint than in the previous year. The 1914 is the second rarest Indian Head Quarter Eagles in terms of its overall rarity and it is one of the rarest in high grades. Gem examples are very rare.

STRIKE: Both the obverse and the reverse show very sharp detail with almost complete definition in the centers. There is sometimes weakness at the central obverse behind the ear of the Indian, but this tends to be unobtrusive. Many 1914 Quarter Eagles show buckling of the dies at the borders and this produces a somewhat "swelled" appearance. This does not affect a coin's grade or value.

SURFACES: This issue is characterized by heavily abraded surfaces. The 1914 is among the hardest Indian Head Quarter Eagles to find with clean surfaces and many also show mint-made spots or patches of granularity.

LUSTER: The luster is subdued and below average in relation to other dates in this series. It usually has a decidedly granular appearance. This is further compounded by the fact that many have been cleaned or dipped. This is probably the hardest Indian Head Quarter Eagle to find with good luster.

COLORATION: The natural coloration that is most often seen on 1914 Quarter Eagles is a medium to deep yellow-gold. Some uncleaned pieces may exhibit attractive greenish hues as well. This is an extremely hard issue to find with original color and a number of coins that have not been cleaned or dipped do not display especially pleasing hues.

EYE APPEAL: The level of eye appeal is below average. While most 1914 Quarter Eagles are very well struck, most have inferior luster and noticeably abraded surfaces. Any piece that has good eye appeal is very scarce and is eagerly sought by serious collectors of this series.

Condition Census: To qualify for the Condition Census, a 1914 Indian Head Quarter Eagle must grade Mint State-65.

Proofs: 117 Proofs were struck in 1914. This is the second lowest mintage figure for the Indian Head Quarter Eagle design. The survival rate is higher than for the 1912-1913 issues and an estimated 60-70 are known. Unlike the 1913, the 1914 is not often found in Proof-65 and higher grades. Most Proofs are in the Proof-63 to Proof-64 range and gems are very rare. The texture is a fine sandblast finish that is found only on this year and the 1915. The coloration is a dark green hue that is a shade lighter than that seen on the 1915 Proofs.



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1914 Quater Eagle - Information about 1914 Indian Head $2.5 - 1914 Indian Head Quarter Eagle


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