$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

Feel The Gold Rush With Gold Coins

A lot of people find collecting gold coins as not only an incredibly interesting hobby but a fairly lucrative one as well! Over time, your collection will accure value and parts of it can be sold if you desire. This way, you will have additional income for yourself later in life in addition to a fantastic collection of valuable coins.

1. Face To Face: Coin Collectors Know Best

The internet is home to a lot of gold coin dealers wherein you can meet all sorts of people from all over the world who are into both buying and selling gold coins. Of course, it is a rather convenient venue for you to be able to do your transactions. You must be extremely conscious, however, when it comes to dealing with other gold coin collectors that you will meet through the internet. While there are some real gold coin enthusiasts in the internet, there are also those people who are posing as gold coin collectors and are just looking to rip you off.

2. Why Gold Coins?

The history of gold coins dates as far back as 2,700 years ago. The first gold coins in the world were issued in Lydia around 640 B.C. certain internet websites will provide you with a lot of information about the history of gold coins.

As money, gold coins have been a convenient way for people to do their transactions. Gold was only used for coins that were considered of a higher value. As gold is not the most common ore, it became impractical for gold to be used in the common coin systems of all major countries. This means a collection of gold coins is extremely rare due to the fact that gold coins are no longer being produced.

3. Gold Coins For Investment

- Gold is sensible investment: all major countries use reserves of gold (such as Fort Knox) to maintain their national worth

- A highly convenient investment

- Physical gold is extremely stable in value

4. Commemorative Coins

When it comes to the commemorative gold coins, since gold is deemed as a highly valuable kind of metal, it is an obvious choice when it comes to making or producing special commemorative coins. In the past, there are sets of gold coins that were just issued to mark coronations as well as other important state events. A lot of financial reserves that are being held by banks are in the form of gold coins. Gold coins are a desired form of a reserved asset since gold coins are not really used for circulation anymore.

5. About Collectors

There are a lot of various gold coin sellers, buyers as well as collectors who are waiting to bid on the best kind of gold coins in the market most especially in the internet. For most gold coins that can be bought as well as sold at prices that are closely related to their intrinsic gold content. The most popular bullion gold coins are the krugerrands as well as the sovereigns.

For most gold coin collectors, there are the highly coveted rare gold coins and a lot of gold coin collectors are interested in these rare gold coins that they will offer high bids just to be able to get their hands on these.

A lot of people who are looking for things to collect are in real treat if ever they try out collecting gold coins most especially because gold coins can be bought in highly excellent and may be in even mint condition for only a relatively low premium over the gold coin’s gold content. Also, since the coin is made from gold, it is highly unlikely that it will tarnish or even discolor.

If you are looking into collecting gold coins, first research the various gold coins that are available in the market today. Find out how much they are really worth due to their gold content, and then factor in any additional value to the coin for being rare. Always be on the lookout for fake coins, and have coins appraised by a gold coin expert to avoid large differences in price.

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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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United States Mint Opens Exhibit Highlighting Journey to Re-create 1907 Double Eagle

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PHILADELPHIA – United States Mint Director Ed Moy opened an exhibit today detailing the development of the 2009 Ultra High Relief Double Eagle Gold Coin, a modern version of Augustus Saint-Gaudens’ original 1907 Double Eagle $20 gold piece.  The exhibit, previewed at the World’s Fair of Money® last year in Baltimore, is on display at the United States Mint at Philadelphia.  Immediately following the ceremony, reporters and the media got a behind-the-scenes look at coin design using 21st century digital technology used to make the coin possible.


    

United States Mint Releases Ultra High Relief Double Eagle Gold Coin on January 22

Mint Seal

WASHINGTON – The United States Mint is proud to announce the opening of sales for the 2009 Ultra High Relief Double Eagle Gold Coin on January 22, 2009, at noon Eastern Time (ET).  Pricing for the 24-karat one-ounce gold coin will be based on the United States Mint’s new pricing structure-implemented January 12-and may change weekly.  Information about the most current pricing for the 2009 Ultra High Relief Double Eagle Gold Coin will be posted on the United States Mint’s Web site, http://catalog.usmint.gov/.

United States Mint Announces 2009 First Spouse Gold Coin Designs

Mint Seal
WASHINGTON – The United States Mint today officially announced the five new designs that will appear on the 2009 First Spouse Gold Coins.  The designs pay homage to Anna Harrison, Letitia and Julia Tyler-the first and second wives, respectively, of President John Tyler-Sarah Polk and Margaret Taylor.

“The First Spouse Gold Coin designs give us a glimpse into the fascinating lives of the women who supported, promoted and often advised the men who led our country,” said United States Mint Director Ed Moy.

The obverse designs of the First Spouse Gold Coins feature striking portraits of the Nation’s first spouses.  Inscriptions on the obverse include the spouses’ names, the years during which they were the First Spouse, the order of their husbands’ service as President, the year of minting or issuance, IN GOD WE TRUST and LIBERTY. The coins’ reverse feature unique designs emblematic of each spouse’s life and work.  Inscriptions on the reverse include THE UNITED STATES OF AMERICA, E PLURIBUS UNUM, $10, 1/2 OZ. and .9999 FINE GOLD.

The obverse of the Anna Harrison First Spouse Gold Coin was designed by United States Mint Artistic Infusion Program (AIP) Associate Designer Donna Weaver and sculpted by United States Mint Sculptor-Engraver Joseph Menna.  The reverse design, by AIP Master Designer Thomas Cleveland and sculpted by United States Mint Sculptor-Engraver Charles L. Vickers, depicts Mrs. Harrison sharing her passion for teaching with her students.

The obverse of the Letitia Tyler First Spouse Gold Coin was designed and sculpted by United States Mint Sculptor-Engraver Phebe Hemphill.  The reverse, designed by AIP Master Designer Susan Gamble and sculpted by United States Mint Sculptor-Engraver Norman E. Nemeth, depicts Mrs. Tyler and her two oldest children behind their Cedar Grove Plantation, where she and John were married in 1813.

The obverse and reverse of the Julia Tyler First Spouse Gold Coin were designed by AIP Master Designer Joel Iskowitz and sculpted by United States Mint Sculptor-Engraver Don Everhart.  The reverse design depicts President and Mrs. Tyler dancing together at a White House Ball.

The obverse and reverse of the Sarah Polk First Spouse Gold Coin was designed and sculpted by Hemphill.  The reverse design depicts Mrs. Polk working in the White House in support of her husband’s career.

The obverse of the Margaret Taylor First Spouse Coin features a portrait designed by Hemphill and sculpted by Vickers.  The coin’s reverse, designed by AIP Associate Designer Mary Beth Zeitz and sculpted by United States Mint Sculptor-Engraver Jim Licaretz, depicts Margaret Taylor comforting an injured soldier during the Seminole War.

The new designs also will be featured on 1-5/16″ bronze medals to be issued in 2009.

To view or download an image of the 2009 First Spouse Gold Coin designs, go to:
http://www.usmint.gov/pressroom/index.cfm?action=photo#2009Spouse

To learn more about the First Spouse Gold Coin Program, visit:  http://www.usmint.gov/mint_programs/firstSpouse/.

HISTORIC FIRST STRIKE OF NATION’S MOST BEAUTIFUL COIN

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WEST POINT, N.Y. -The United States Mint at West Point invited officials from numismatic organizations and reporters to witness the historic first production strike of the highly anticipated 2009 Ultra High Relief Double Eagle Gold Coin today.  The new 24-karat (.9999 pure) gold coin is a modern version of what many call the most beautiful gold piece ever created-Augustus Saint-Gaudens’ 1907 Double Eagle.  The United States Mint will begin taking orders for the new collectible gold coin early next year.

The $5 Half Eagle US Gold Coin – a Coin Collector’s Must-Have by Azman Abdul Aziz

Collecting US coins is one hobby that has sparked interest among collection enthusiasts. And any collector who wishes for nothing more than an impressive arrangement of coins should no doubt include the $5 Half Eagle in it.

This $5 US gold coin is a must have for any ardent coin collector. It is one of the most popular items for coin collectors all over the country. The reason for this is that the Half Eagle was the very first golden coin ever struck by the US mint for circulation. It undeniably holds immense historical value that surpasses the value of its coin descendants.

The $5 Liberty Head Half Eagle, also called the $5 Coronet, enjoyed one of the longest reigns in US Coinage history with its circulation beginning in 1839 up until 1908. That is a 69-year circulation, considered a long run for any US gold coin. The Half Eagle was said to have been the “workhorse” of the US economy during that era.

In addition to its great historical worth, what makes the Half Eagle more important is that it stands to be the only coin in US history that was produced at all seven of the branch mints operating during its reign. These branch mints in particular are that of Philadelphia, Charlotte, San Francisco, Dahlonega, Carson City, Denver, and New Orleans.

The US Mint was authorized by Congress to coin this $5 Half Eagle on the 2nd of April, 1792. The very first design of the Half Eagle was termed the Capped Bust to the Right, Small eagle. And just like the Quarter Eagle, it also went through several changes in design and content throughout its existence and production.

In the obverse of the $5 Half Eagle is the inspiring and dominant feature of Lady Liberty, whose magnificent golden hair is adorned with a string of beads. The world ‘liberty’ is engraved on the coronet that sat at the top of her head. Encircling Liberty’s portrait are the date as well as a star that stood for each of the thirteen original colonies during that era.

On the reverse side of Lady Liberty is a proud bald eagle, labeled popularly as the ‘Heraldic Eagle’. Its wings are spread apart, and it is standing among olive branches, clinching three arrows in his talons. The Heraldic Eagle also has a shield with stars and stripes adorned on its chest. Surrounding the eagle are the words ‘UNITED STATES OF AMERICA’, the mint mark and the denomination of the gold coin.

The original make-up which was designed by Robert Scot and held a weight of 8.75 grams, coupled with a gold purity of .9167 or less than one ounce. However during the year 1937, the $5 coin was struck from .900-fine gold.

One of the last and final designs of the $5 Half Eagle was done by Christian Golbrecht, assistant Engraver to his superior, William Kneass. His version was minted beginning in 1839 and lasted until 1908, when the $5 Indian Head gold coin was introduced.

A truly valuable and historical item, the $5 Half Eagle gold coin is a sure must-have for coin enthusiasts everywhere.

Azman Abdul Aziz runs the US Coins Collector site. Visit $5 Half Eagle page to see them in auctions.