As promised, here are the photos of the three Indian Head Quarter Eagles that came out of the same packet as the 1849D. They're a 1914D and two 1926's -- and they're actually in somewhat better condition than I originally thought. It appears that the 1914D has an upper rim on the reverse. Perhaps someone can suggest whether it's a possible misstrike, or other cause. EDIT: Photos removed from this post; new ones (larger) taken and inserted later in the thread Comments welcome! Joel
You should have those coins examined by a professional as well. While not as valuable as your '49-D, they could also be worth a bit of money if in problem-free mint state.
rim One of the things a dealer taught me is to look out for Indians with a partial rim. He said it is one of the signs of a fake. Not saying you have a counterfeit. But you wanted comments.
Larger photos Attached are a couple of larger photos. It's pretty clear (even to this layman) that there's a problem with the reverse of the 1914.
Those look nice. All three of those are nice and clean in the fields and prime focal areas - Indian's cheek, eagle's shoulder, etc. Most have lots of hacks and whacks - even MS62 pieces which go for over $400. There's only one key date in this series - the notorious 1911-D. All others trade for about the same money. Your 1926 is more common than most, the '14-D a little scarcer than most. It's really tough to grade these, especially from photos. There's a bit of subtlety in looking for luster breaks to seperate the Uncs from the AUs.
I have a book which states that many Indian $2.5s show evidence of die buckling and that usually shows up around the rim. That would also look somewhat like what your '14-D shows. If that's it, that's good news for you. Being declared "Ex-jewelry" is a real bummer, but "buckled dies" is an original mint problem. While it affects eye appeal (and thus price), it doesn't ususally affect numerical grade.
The explanation for the '14 could be as simple as mis-aligned dies - the coin is slightly off center. That lump of raised metal at the end of the arrows bothers me more. But as stated, you need to have coins certified - all of them.