None (for Philadelphia,
PA) left of the arrowheads on the reverse.
The 1927 Quarter Eagle has the lowest
mintage figure of the 1926-1929 Quarter Eagles and
this makes it the least available in terms of the
total number known. However, it is available in any
Mint State grade up to and including Mint State-64.
Gems are somewhat scarce, but are more obtainable
than pre-1925 issue with the exception of the 1908.
The 1927 Indian Head quarter eagle
is similar to the two prior issues in terms of being,
generally available in any grade from gem MS-65 and
below. Most are found sharply struck and quite lustrous.
Certainly, this is one of the more attractive dates
from this popular series and would rate as the fourth
most plentiful issue in gem MS-65 grades or lower,
coming in behind the 1925-D, 1926 and 1908. If one
desires the lofty (and current top) grade of MS-66,
substantial patience will likely be required as a
few years may pass between offerings of this condition
rarity; PCGS and NGC population and census data combined
notes only 21 pieces have been graded MS-66, with
none seen finer. In gem MS-65 grades, this date is
relatively easy to obtain at current market levels.
STRIKE: The 1927 is an issue that is almost
always found with a sharp strike. The obverse has
very sharp detail on the feathers, but the border
is sometimes a bit less well impressed with signs
of buckling. The reverse is also sharp with full feathers
on the breast, leg and wing, but there may be some
weakness at the border.
SURFACES: The surfaces generally
show small, scattered marks. A number of 1927 Quarter
Eagles have mint-made copper spots as well. If the collector
takes his time, however, he should be able to locate
a coin that has only minor marks.
LUSTER: The luster, as on most
of the Philadelphia issues from the 1920's is very good.
The 1927 is generally frosty although not quite as much
so as the 1926 or the 1928. Eocating a specimen with
good luster is reasonably easy.
natural coloration ranges from bright rose-gold to a
more subdued medium to deep green-gold. Pieces with
attractive natural color are still available.
EYE APPEAL: The
level of eye appeal is above average. Most higher grade
1927 Quarter Eagles are well struck, have excellent
color and luster and have fewer serious marks than other
dates of this type.
Census: To qualify for the Condition Census,
a 1927 Indian Head Quarter Eagle must be Mint State-66.