532,000 Indian Head quarter eagles were made in 1929, and they are each worth roughly $280 in a grade of Very Fine 30. No proof issues were struck in 1929, nor have they been made in any year after 1915 in the case of this series, so the only specimen numismatists need to concern themselves with are business strikes.
Indian Head quarter eagles are generally considered scarce, as they were not saved in great numbers when they were in production. This is largely due to the fact that the public feared germs would harbor within the incused design elements. Numismatists, on the other hand, were not a big fan of the design, which some thought were uninspired. Today, however, most coin collectors love the Indian Head quarter eagle and will gladly pay premiums for the 1929 $2.50 gold coin and all others in the series.