Look on the back of the coin near the arrowheads to see if there's a small mint mark letter. It may be blank, or there may be a D or S.
Numismedia lists the following approximate retail values as of 03/2010:
No mint mark (Philadelphia):
Very worn condition - $324
Moderately worn - $348
Slightly worn - $372
Almost no wear - $415
Uncirculated - $552 to $84,380 depending on quality
"D" mint mark (Denver):
Very worn condition - $324
Moderately worn - $348
Slightly worn - $372
Almost no wear - $419
Uncirculated - $588 to $49,280
"S" mint mark (San Francisco):
Very worn condition - $324
Moderately worn - $348
Slightly worn - $372
Almost no wear - $628
Uncirculated - $1,470 to $87,080
Indian Head design $2.50 and $5.00 gold pieces are unusual because they have what care called incuse designs; that is, instead of being raised above the rest of the coin's surface the images and lettering are below the coin's surface.
Current retail value for a certified 1908 Half Eagle is about $5,000.00 in MS-64
The US five dollar gold piece was first minted in 1795. There were many designs. The most common designs were the Liberty Head Type (1839-1908) and Indian Head Type (1908-1929).
Two different designs were struck that year, one with a picture of Miss Liberty and one with an Indian Head image. Please see the Related Questions for more information.
No US $1 coins were struck in 1908, look at the coin again and post new question.
Indian head quarter eagles were made from 1908 to 1929. Please post a new question with the coin's date, and whether there's a mint mark letter next to the arrowheads on the back.
Current retail value for a certified 1908 Half Eagle is about $5,000.00 in MS-64
The US five dollar gold piece was first minted in 1795. There were many designs. The most common designs were the Liberty Head Type (1839-1908) and Indian Head Type (1908-1929).
Two different designs were struck that year, one with a picture of Miss Liberty and one with an Indian Head image. Please see the Related Questions for more information.
Around $140 if very worn, up to about $200 in nearly-new condition.
If you mean a $2.50 Gold coin dated 1908 retail values for a circulated coin are $185.00-$250.00 with uncirculated at $350.00+
Value runs from $185.00 to $250.00 in circulated condition.
In order to give an accurate estimate, the coin should be seen. I suggest you take it to a coin dealer and have it appraised.
Assuming the coin is circulated and has no mintmark, retail values are $350.00-$510.00 depending on the actual grade of the coin. The value just for the gold is $292.00
No US $1 coins were struck in 1908, look at the coin again and post new question.
Be sure to distinguish this coin from the Indian Head design that was also struck in 1908. Numismedia lists the following approximate retail values as of 03/2010: Very worn condition - $312 Moderately worn - $336 Slightly worn - $354 Almost no wear - $391 Uncirculated - $444 to $19,240 depending on quality
The 1908 Indian Head penny is a very common cent even today. Its value in circulated condition is only about $1-3.
Indian head quarter eagles were made from 1908 to 1929. Please post a new question with the coin's date, and whether there's a mint mark letter next to the arrowheads on the back.