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Indian Head Quarter Eagle

1915 Indian Head Quarter Eagle

1914 Indian Head Quarter Eagle

The 1915 Indian Head Quarter Eagle is the final Indian Head Quarter Eagle to be produced until this design was resurrected in 1925. It is more available in higher grades than the 1909-1914 Philadelphia issues, but it is considerably more difficult to obtain than any of the issues struck in the 1920's.

Only 100 Proof 1915 Quarter Eagles ( 1915 Indian Head Quater Eagles ) were produced. This is the rarest Proof Indian Head Quarter Eagle in terms of overall rarity. There an estimated 35-45 pieces known. Survivors are usually in the Proof-63 to Proof-64 range and Gems are very rare. In fact, this is the second rarest Proof issue in high grades, trailing only the 1909.

1915 Indian Head $2.5 NGC PF67
PCGS No: 7948, 7964
Mintage: 606,000
Proofs: 100
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.

This is the final year of Proofs issued for this series. Collector demand had fallen in most years, and Proof gold coinage was halted in 1916 for regular-issue gold denominations (a few McKin-ley Commemorative gold dollars were struck in Proof in 1916).

The 1915 Indian Head quarter eagles were struck in the identical finish as the 1914 issue, employing the darker and coarser finish to the coins. Long considered to be the key date to the Proof series, the 1915 issue has earned its reputation as a rarity with few offerings and constant demand.

Today, the major grading services tally 104 pieces in Proof of this date, which compares favorably with the 1909 Indian Head quarter eagle that has just 109 pieces graded, and may now be considered the rarest issue of the Proof series.

Regardless, the 1915 quarter eagle Proof has always commanded attention, with a tiny mintage of just 100 pieces. Also being the final year of issue, precious few of these coins remain in gem grades to satisfy collector demand.

STRIKE: The 1915 Quarter Eagle is a well struck issue. The obverse is quite well detailed with the exception of a few of the feathers at the center, which may sometimes show slight weakness. The reverse is quite sharp with bold feathers on the eagle's wing and breasts.

SURFACES: The surfaces tend to be cleaner than on the 1912-1914 Philadelphia Quarter Eagles. Most are abraded and may show scratches in the fields. But there are some very clean pieces known and the collector, if he is patient, should be able to locate a 1915 Quarter Eagle that has reasonably choice surfaces.

LUSTER: There are two distinct types of luster seen on this date. The majority of coins have the dull, slightly grainy texture that is seen on most of the 1909-1914 Philadelphia issues. A smaller number (around 10-15%) have excellent luster that is more frosty in texture. An example with this frosty luster is considered far more desirable by collectors.

COLORATION: The natural coloration is a medium to deep yellow-gold with some greenish highlights. A few show a deeper coppery-orange hue. It is still possible to locate a 1915 with nice original color, but such coins are becoming more difficult to find with the passing of every year.

EYE APPEAL: The eye appeal is usually average to slightly above average. Most are well struck and have fairly clean surfaces. Some show good luster and color as well. But, there are only a small handful of superb pieces known to exist and most of these are in tightly-held private collections.

Condition Census: To qualify for the Condition Census, a 1915 Indian Head Quarter Eagle must be Mint State-65.

Proofs: Only 100 Proof 1915 Quarter Eagles ( 1915 Indian Head Quater Eagles ) were produced. This is the rarest Proof Indian Head Quarter Eagle in terms of overall rarity. There an estimated 35-45 pieces known. Survivors are usually in the Proof-63 to Proof-64 range and Gems are very rare. In fact, this is the second rarest Proof issue in high grades, trailing only the 1909. The surface texture and appearance are very similar to the 1914 and the coloration is similar as well.



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1915 Quater Eagle - 1915 Indian Head Quarter Eagle - 1915 $2.5


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