1929 $2.50 AU50

CERTIFICATION#: -35251
PCGS#: 7953

Owner's Comments

Estimated grade. Sold by David Akers Numismatics May '98 Price realized $385

Expert Comments

David Akers (1975/88): This is an unusual issue in that it is easy to find in MS-63 or lower condition but surprisingly difficult to locate in MS-64 or better grade. Gems are rare without a doubt, considerably more so than any of the other late issues. Why this is so I really have no idea but I can state that I have not seen all that many 1929 quarter eagles that would grade a full MS-65 by today's stringent standards. A few superb, nearly perfect pieces are known but in MS-67 condition, the 1929 is clearly a major rarity.

The strike on a typical 1929 is very good although some specimens are not quite as sharp as the several issues immediately preceding this one. Many examples also show obvious signs of die buckling at the borders. Lustre is nearly always very good to excellent and the color is most often a rich yellow gold with a greenish tint.

David Hall: The 1929 is the major condition rarity of the later date $2.5 Indians. It is really rare in superb condition. The one MS67 was graded by PCGS in August, 1987. I remember the coin and it was really spectacular. I haven't seen the coin since and it hasn't appeared in any auction that I know of.

Diameter: 18.00 millimeters Designer: Bela Lyon Pratt Edge: Reeded
Mintage: 532,000 Weight: 4.18 grams Metal Content: 90% Gold, 10% Copper
12
250
15
255
1
20
260
25
265
1
30
270
35
270
1
40
280
45+
280
50
285
33
50+
285
53
285
32
53+
285
55+
320
58+
330
66+
59,000
67
95,000
1

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 66,166 R-2.3 13 / 15 TIE 13 / 15 TIE
60 or Better 49,000 R-2.5 13 / 15 TIE 13 / 15 TIE
65 or Better 433 R-6.1 10 / 15 10 / 15

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade  
2 MS66 PCGS grade  
2 MS66 PCGS grade  
4 MS65+ PCGS grade
5 MS65 PCGS grade