$10 Indian Head Eagle Gold Coins – 1907 to 1933

By: John Douglas

The $10 Indian Head Eagle gold coin, also know as the $10 Eagle, minted from 1907 to 1933, is considered to be one of the most beautiful American gold coins produced by the U.S. Mint. Its production came about through the insistence of President Theodore Roosevelt. He did not like the current design on his Inaugural Medal that was designed by Charles E. Barber and George T. Morgan, nor other coins being produced by the mint at the time.

The President had some artistic friends who encouraged him to have it re-done. “I think our coinage is artistically of atrocious hideousness,” President Theodore Roosevelt wrote in a note to Secretary of the Treasury Leslie Mortier Shaw on December 27, 1904, and then continues, “Would it be possible, without asking permission of Congress, to employ a man like
Saint-Gaudens to give us a coinage that would have some beauty?”

President Roosevelt commissioned the sculptor Augustus Saint-Gaudens for the task of coming up with a new design. Saint-Gaudens accepted this assignment, but was so terribly busy that he only had time to sketch out some rough ideas on a paper napkin while making the train trip from
Washington. He had told President Roosevelt that he would need to have his associate, Adolf A. Weinman, to do most of the actual work on the design. Collectors today will probably know Weinman for his work on the Mercury dime and the Walking Liberty Half Dollar.

Several modifications of the initial design were made for reasons of minting problems and the $10 Indian Head Gold coin was finally released to the public. There were 239,406 of these that were put into circulation in the fall of 1907. They continued using this last design until the early part of
1908.

Indian Head Eagles are 26.80 mm in diameter, weigh 16.718 grams and are composed of .900 fine gold. The reverse depicts a standing eagle, wings slightly spread, regal in appearance. The obverse depicts Lady Liberty wearing a Native American war bonnet. The edge of the coin is unique decorated with 46 raised stars for the 46 current states in the union at the time instead of the typical reeded edges that had become so common.

President Roosevelt strongly felt that using the words In God We Trust was blasphemous so they did not appear on these new coins at first. So there were 33,500 of these coins made in Philadelphia, and another 210,000 in Denver that did not have those words on them in 1907 and 1908. However, Congress was not happy with this decision and insisted that the words be put
back on the coins. In 1908 they appeared to the left of the eagle on the back side of the $10 Indian Head Gold coin. The mint marks for Denver (D) and San Francisco (S) appear to the left of the bundle of arrows the eagle is standing on. There is no mint mark for $10 Indian Head Eagles produced in Philadelphia.

While there were regular issue coins that were made at all of the mints from 1908 to 1911, and then in 1914, only Philadelphia and San Francisco Mints made eagles in 1912, 1913 and 1915. They were made only in San Francisco in 1916 and 1920.

As far as collecting goes, there have been a few of both the 1930-S and the 1933 $10 Indian Head Gold coins that have shown up periodically. If you are looking for scarce and rare coins to add to your collection, you will want to search for the ones with 1909-D, 1911-D 1913-S, 1915-S and 1920-S. All of these coins are rare, especially in mint state condition. So you are a lucky collector if you find any of them. Common date Indian Head Eagles are widely available in mint state certified condition at reasonable prices. The $10 Indian Head Eagle was well received when introduced to the public in 1907 and continues to be popular with collectors today.

Article Source: http://collectibles-articles.com

An avid fan and collector of American gold and silver coinage, John Douglas writes extensively on the history and mintage of pre-1933 American Gold Coins. Find in depth information about collecting American Gold Coins, their history and design, and supplies for all coin collectors at www.americangoldcoinshop.co

$5 Indian Head Half Eagle Gold Coins – 1908 to 1929

By: John Douglas

America in 1908 was a nation in the midst of wide ranging social and economic change. Headlines of the day sound like they were ripped right from todays news. Women were banned from smoking in public in New York City. A car began production that was advertised to get 25 miles to the gallon. The first “Round the World” car race was staged. New Years Day was celebrated by the famous ball dropping for the first time in New York’s Times Square. And the new $5 Indian Head Half Eagle gold coin, as well as its smaller sibling the Quarter Eagle, debuted in November 1908 to great controversy.

President Theodore Roosevelt had determined it was time for the nations coinage to change and become more beautiful. The well known sculptor Bela Lyon Pratt designed the obverse and reverse for the Half Eagle as well as the smaller Quarter Eagle. And the design was controversial from the start. It didn’t look like the typical American gold coin with its incuse, or sunken, design. Complaints were made that the portrait of the Native American model appeared emaciated. Banks complained the gold coins were difficult to stack and would be too easy to counterfeit. It was even claimed by some that the coins design would harbor dirt, germs and disease making them a hygiene problem, all of which proved untrue.

Roosevelt let the coins production move forward as planned despite the complaints and the complainers. The $5 Indian Head Half Eagles production lasted only a few, short years from 1908 through 1916. It was resurrected again in 1929 with a production run of 662,000 pieces but the majority of those were destroyed before ever leaving the mint. It was the last time a $5 Half Eagle gold coin was to be minted for circulation in the United States. From the time American gold coins were first minted in 1795 to 1916 the $5 gold coin only missed production in 3 years, 1801, 1816 and 1817. It was one of the most successful denominations produced by the U.S. Mint.

Today, the $5 Indian Head Half Eagle is one of the most popular collectible American gold coins. It is relatively inexpensive when compared with its big brother, the $20 St. Gaudens Double Eagle.

The obverse features a proud Native American facing left and wearing a War Bonnet. Around the obverse are 13 stars and the word LIBERTY featured at the top. At the bottom is the year produced and just above the year are the initials of Bela Lyon Pratt. A standing Eagle dominates the reverse of the coin standing on a bundle of arrows. Around the circumference is UNITED STATES OF AMERICA, to the left of the Eagle is E PLURIBUS UNIM, to the right the motto IN GOD WE TRUST. Physically the coin is 21.60 mm in diameter, weighs 8.359 grams and is .900 pure gold. There are key dates that stand out in this series. Obviously 1929 is one, followed by the 1909-O and 1911-D.

Because of its design it is somewhat difficult to be graded correctly, especially by those unfamiliar with its unique design, because it doesn’t have the traditional high spots where you’d normally look for wear. That’s why it’s important to look for coins that are graded by either PCGS or NGC, or that you know and trust the person from where you are purchasing the coin.

These beautiful American gold coins enjoy a very strong following and sell quickly, especially in certified mint state or about uncirculated condition. They are a great addition to anyones coin collection. The $5 Indian Head Half Eagle is far more popular today than during the time it was produced.

Article Source: http://collectibles-articles.com

An avid fan and collector of American gold and silver coinage, John Douglas writes extensively on the history and mintage of pre-1933 American Gold Coins. Find in depth information about collecting American Gold Coins, their history and design, and supplies for all coin collectors at www.americangoldcoinshop.com

Gold Coins Are An Excellent Investment

If you are looking for coins with definite investment potential, gold coins are an excellent place to start. Though they are expensive when starting out, the investment value of gold itself makes them a very attractive option. And, because gold is bought and sold routinely on the commodities market, it is easy to stay on top of the price of gold, making it easy to follow the price of your gold coins. Which makes gold coins the equivalent of stocks or bonds for the coin collector.

Admittedly, it is not always easy to get into the market for gold coins. After all, gold is expensive, so coins made from gold are going to be pretty pricey. However, there are usually several weights available, so you will be able to find something that will fit your price range. However, when looking for gold coins, it is usually fairly easy to find a dealer. Many coin dealers are attached to the gold coin market and, if they cannot sell them to you directly, they will be able to connect you with someone who can.

There are also several internet merchants who offer gold coins, but it is a good idea to be careful when shopping online. After all, there are a lot of proper merchants out there, but there are also a lot of shady folks looking to make some quick money. So, before purchasing online, do some research and check the vendors out thoroughly. Be especially careful of anyone selling coins for prices that are lower than the market value for gold. This is a case where anything that seems too good to be true absolutely is too good to be true, because nobody is going to sell you anything at a loss – especially not a commodity like gold.

Of course, because gold is a commonly bought and sold commodity, the value of your gold coins can be tracked easily. The price can be found online, in the newspapers, and on the evening news. And, because the prices of gold coins are tied to the price of the gold that it contains, you don’t have to worry about the coin market itself. While collectible coins may have upswings and downswings, gold not only increases in value over time, but it also tends to keep its value very well. Which means that gold coins are a way to stabilize your investments as you place your money into a very tangible resource.

When looking for a solid investment that does not require a great deal of knowledge and research, gold coins are a very good place to start. They are easy to find, their value is easy to determine, and they are steady, reliable investments that will hold their value better than almost anything else. And, let’s face it, gold coins are just plain neat to look at. So, if you are looking for a tangible, sturdy investment that is not only valuable, but attractive as well, gold coins will make you happy every time.

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Favorite Gold Coins To Collect For Investment

Why Gold American Eagle Coins are Popular among Collectors

Gold coins are a favorite of coin collectors with an eye toward investment. Not only are golden coins lovely to behold, but they also have a value that is guaranteed, due to their precious metal content. The value of gold coins is usually higher than the value of their weight in gold bullion, making them a better investment than the gold market alone.

Many countries produce gold coins for collectors or for commemorative purposes. These coins oftentimes emphasize unique aspects of the country’s culture. Australia reveres its national animal with the Gold Kangaroo, for example, while China has a Gold Panda with a lovely design that changes every year. Canada’s coin features a powerful national symbol with the golden Maple Leaf, and South Africa mints the Krugerrand. One of the world’s best selling coins, the Krugerrand features the South African national animal, the Springbok. Taking its place as one of the most popular gold coins among investors and collectors, however, is the American Gold Eagle. The American Gold Eagle stands out among other bullion coins because of its lovely design, and because its value is backed by the full strength of the United States government.

The Beauty of American Eagle Gold Coins

The Gold Eagle features a representation of Lady Liberty striding with torch in hand through a field of light rays on its front side. This image is inspired by a golden coin designed by Augustus Saint-Gauden and minted from 1907 to 1933. The Augustus Saint-Gauden Double Eagle is widely considered to be one of the most beautiful coins America has ever produced. On the flip side of the American Eagle gold coins is a nest full of bald eagles, the national bird of the United States. The nest represents the American dedication to unity and family. Furthermore, a special die is used when minting these coins, to bring the gold to an especially high shine and to make it easier to see small details in the design.

American Eagle Gold Coins have Guaranteed Value

American Eagle gold coins are valuable not only for their lovely appearance, but also because they are the only bullion coin whose gold content is guaranteed by the United States government. Each American Gold Eagle is stamped with its exact gold weight, as well as its face value. They are minted from 22-karat gold, which by law must be pure gold bullion mined from within the United States. This guarantee of the authenticity of the precious metals used to make American Eagle gold coins is highly valuable to investors.

Buying American Eagle Gold Coins

Golden American Eagles were first produced in 1985 and come in a variety of sizes and values, ranging from the 1/10th oz American Eagle coin with a face value of $5, all the way up to full ounce gold coins with a face value of $50. Remember that most gold coins are worth more than their legal tender amount. Although they re not available for purchase directly from the U.S. Mint, American Eagle can be commonly found for sale in coin shops, on the internet, by gold dealers, and at coin shows. There are also variations on the American Eagle that are minted from silver or platinum instead of gold.

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Martin Van Buren’s Liberty First Spouse Gold Coin Available November 25

Mint Seal

WASHINGTON – The United States Mint began accepting orders for Martin Van Buren’s Liberty First Spouse Gold Coin at noon Eastern Time on November 25, 2008. The 24-karat gold collectible coin is available in a proof version priced at $549.95 and an uncirculated version priced at $524.95.

Give the Gift of Platinum and Gold from the United States Mint 2008 Gift Catalog

Mint Seal

Washington – Enrich your holiday season with collectible platinum and gold coins from the United States Mint 2008 Gift Catalog, scheduled for release on October 27, 2008.  The catalog includes a sneak preview of one of the most eagerly anticipated United States Mint products in recent years – the 2009 Ultra High Relief Double Eagle Gold Coin.  This next gem in the United States Mint’s treasure chest, which will be offered for sale beginning in January 2009, is a re-creation of celebrated sculptor Augustus Saint-Gaudens’ original 1907 design.

UNITED STATES MINT PROVIDES GOLDEN MOMENT FOR VISITORS AT WORLD’S FAIR OF MONEY® IN BALTIMORE

2009 Ultra High Relief Coin

BALTIMORE - The United States Mint chose the Nation’s largest coin show in Baltimore this summer to provide a “golden moment” for visitors by unveiling the much-anticipated 2009 Ultra High Relief Double Eagle Gold Coin, a modern version of what many call the most beautiful gold coin ever created: the 1907 Double Eagle. The exhibit at the United States Mint booth displays the development of this modern masterpiece, from its origin as gold bars through test strikes, to the finished, one-ounce 24-karat (.9999 pure) 2009 Ultra High Relief Double Eagle Gold Coin.

United States Mint Releases 24-Karat American Buffalo Gold Coins July 22

Mint Seal

Washington – The United States Mint announced today that it will begin accepting orders for fractional weights of the American Buffalo Gold Coin, now available in proof and uncirculated versions, on July 22, at 12 noon Eastern Time. Both versions of the coin will be offered in four sizes-one ounce ( denomination), one-half ounce ( denomination), one-quarter ounce ( denomination) and one-tenth ounce ( denomination)-as well as in four-coin sets that contain one coin in each size.

Louisa Adams First Spouse Coin and Medal Available May 29

Mint Seal

WASHINGTON – In honor of Louisa Adams, the Nation’s sixth First Lady, the United States Mint will release a ½-ounce 24-karat gold coin bearing her image at 12 noon (ET) on May 29, 2008. The Louisa Adams First Spouse Gold Coin will be available in proof and uncirculated versions priced at 9.95 and 9.95, respectively. The mintage limit is set at 40,000 across both product options. Customer demand will determine the ratio of proof to uncirculated coins produced.