$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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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.

Inexpensive Gold Coins by Bob Pardo

There are many different types of pass times and hobbies
that people enjoy around the world, and coin collecting is
one of them. Some coins belong to certains currencies while
others are fake and used for toys or show. Of the many
varieties of coins in the world, gold is amoung the most
commonly seen. Everyone looks for discount gold coins since
gold has a high market price. Jewelry and ornaments made
from this pricey element interest many people, and therefore
people like the discount gold coins. The gold coins are very
important and can help people in many interesting ways.

Gold coins more than 100 years olf and in great condition
are generally worth a lot of money if uncirculated. So,
whenever a coin collector finds uncirculated gold coins,
they should bring them to an agency. The right type of
agency will grade the coins independently and seal them in a
tamper proof container. Doing this unlocks the value of the
gold and increases its value by more than 100%. Most
non-professionals are looking to buy coins in this fashion,
so it’s highly suggested to send any uncirculated gold coins
to an agency for proper grading.
There is a great difference in the value between raw and
graded gold. Graded gold, as long as it falls under MS-63,
will get you $650, while raw gold will only get you $450
after its melt value. If the graded gold is higher than
MS-65, the value can increase by two. Gold coins seem to
ensure unpredictable financial catastrophe, so it’s advised
to buy gold cions when they are available for cheaper
rates.
Over the past two and a half years, gold coins have also
risen in terms of dollars. Decide early on which type of
gold coins you want to own, and consider the amount you’d
like to lock for the current available price. Try and look
for Bullion and Rare Austin coins as these can fulfill
orders between ounces to millions of dollars. You should
insist on private and non reportable gold coins as
prescribed by law. Each type of gold coin has it’s own
advantages.

Due to increasing market value over time, liberty gold coins
are considered to be the most prized coins to have. There
are many websites that sell liberty gold coins, so it’s
quite easy to purchase them over the internet. The $20
Liberty gold coin and the $20 St. Gauden are the most famous
liberty coins. Liberty gold coins are influenced by the gold
market prices because they are bullion coins.

The two different types of liberty gold coins are the St.
Gauden and the Double Eagle. The Double Eagle can be
classified as follows: $2.5 Quarter Eagle, $5 Half Eagle,
and $20 Double Eagle.
The best Liberty gold coins are VF-graded coins. VF- graded
liberty gold coins attract buyers as they have been very
popular since the 1980′s. St Gauden gold coins are the
largest coins developed in the early 1850′s and usually
weight 33.4gms and width of 34mm. Liberty gold coins consist
of 90% gold and 10% copper. To invest in Liberty gold coins
require a minimum purchase of 5 liberty gold coins.
Liberty Gold Coins are premier promoted among the gold coins
over the internet. There are plenty of web portals providing
information and are dedicated to gold coins and investments.
Famous among the ones available are $20 Liberty Gold coins
and St. Gaudens $20. Liberty Gold coin is considered one of
best investments among coins because they sell at premiums
that are smaller and highly unlikely to be priced over.
Existing is also a big market for the gold coin investments
and it is suggested for new investors to know the facts
about liberty gold coins before they buy and invest on it.

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United States Mint Moves Forward to Create a Modern Ultra-High Relief Double Eagle Gold Coin

Mint Seal

WASHINGTON – Secretary of the Treasury Henry Paulson has authorized the United States Mint to issue a one-ounce ultra-high relief 24-karat gold coin, creating a 2009 version of what many have called the most beautiful gold piece ever made: the 1907 Augustus Saint-Gaudens Double Eagle. The mintage of the new coin will be unlimited for one year. Among the production specifications approved by Secretary Paulson are the new coin’s business-strike finish and a diameter of 27 millimeters.

Things you should know about coin collecting

Things you should know about coin collecting
by Ian Niven

People take part in hobbies for several reasons.  Some do it for pure pleasure, while others do it for profit.  This carries across all sorts of hobbies and types of people, including those who collect gold coins.  Why would someone choose to collect gold coins as a hobby?  Again, some people choose their hobbies based on pleasure, while others aim to make a profit.

Of course, most gold coins don’t fetch anywhere near that much, and most would not sell for more than face value alone.  However, having a complete set of a certain edition can up the value of each individual coin.  Also, there is always the chance that you’ll run across one of those gold coins that is worth a great deal.  Even if you don’t, having an extensive collection of gold coins that includes several important era pieces can draw in some extra cash as well.

One thing that is very important to do when you are collecting gold coins is to make a periodic trip to a knowledgeable individual and have some of the rarer individual coins as well as the entire set of gold coins appraised to see if you are gaining or losing value over time.  Obviously, if you continue adding gold coins, the value will increase, but by how much?  How do you know that you are collecting valuable coins or scrap metal?

There is a key to knowing when it might be worthwhile to purchase gold coins.  First of all, never sit in awe of a commercial for commemorative issue gold coins in limited quantities.  Obviously, these gold coins are still mass produced and could not be considered rare, regardless of what the commercial says.  Also, it is better to verify the sale and purchase are through some kind of authorized vendor who has been proven to sell only authentic gold coins.

While you may only be collecting gold coins as a hobby and are not interested in selling your set for profit, it is still a good idea to periodically have your collection of gold coins appraised.  Why this is necessary if there has been no addition or change to your collection, and what is involved in the appraisal process?

Getting your gold coins evaluated is something that should be done at least every six months.  This allows you to keep track of changing values of individual gold coins, verifying the net worth of your collection.  This is important partially because there may come a time that you do wish to sell your collection of gold coins.  However, even if you don’t, you really should have an inventory of your collection, complete with values so that you can quote someone intelligently should they ask how much your gold coins are actually worth.

Also, having your gold coins appraised gives you a solid number that you can take to an agent and have your gold coins insured for a specific amount.  Knowing exactly what they are worth will give the adjuster a better idea of where to begin with your insurance quote in terms of value.  If your collection is worth $50,000, you obviously don’t want to purchase a $5,000 insurance policy on your collection.  On the other hand, you don’t want to overpay, so getting an appraisal for your gold coins can be of great assistance to you.

Putting together such a collection is also one way that many collectors of gold coins assure that they have a family heirloom to pass on to their children and grandchildren.  Not everyone has a long history of heirlooms in their family, especially if the family was not always financially secure or if things were lost in the past in some sort of disaster.  However, starting a collection of gold coins can offer something to the future generations that they can inherit and hold dear as items once owned by ancestors.

Because many hobbies can become expensive, few people follow through to the point of having a marketable collection.  This could be for show in a museum or art gallery, or it could be for sale purposes.  The rule holds true especially for gold coins.  However, there are investors out there who have spent a lot of time and money building up an incredible collection of gold coins in order to profit from the rising value of such coins.

My name is Ian Niven, I hope you found my article informative. For more information on <a href=”http://coincollectoronline.info”>coin collecting supply</a> please visit http://coincollectoronline.info

Welcome to the American Eagle Coins Blog

Welcome,

This is the American Eagle Coins Blog where you can read articles about coin collecting and you can even post your comments on coins in general.

Please post appropriate comments.

Thanks,

Rick

The link to the Main Site is http://www.american-eagle-coin.com/