$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

Old Coins: Discover The Thrill Of Owning A Piece Of History

Among the mainstays of coin collecting, old coins are among the most exciting and sought after members of the coin family. Not only do they tend to be rarer than modern coins, but they are often made from valuable materials that actually worth more now than the actual denomination of the coin itself. Which makes old coins that much more of a thrill.

One reason why old coins become value is the simple fact that old coins were often made from precious metals, such as gold or silver. Thus, old coins can often be worth more melted down than they would if they were spent like regular change. However, the fact that they are still stamped coins makes them even more valuable. And their value is only enhanced even more by the fact that they have been around for a while.

Old coins are made even more valuable when they are also rare. Fortunately, the fact that coins are old tends to make them rarer. This is because the older a coin is, the more likely that people have exchanged it for more modern currency and the more likely that the government has gotten a hold of it and melted it down. In fact, most governments have specific legal requirements to destroy old coins in order to keep the money supply modern, making it more difficult for coin collectors to find old coins.

However, coin collectors don’t just look for old coins because they are valuable. They are also unusual and provide a connection to people who lived long ago. When you have an old coin in your hands, you are holding the same coin that was passed from hand to hand one hundred, one thousand, even two thousand years ago. They are not just metal, they are pieces of history. What you see and feel in your hands is exactly what your forebears saw and felt.

When you hold old coins in your hands, you are not just holding some old money. Rather, you are holding links to your forebears. Those coins have moved through history as surely as great architecture. And the old coins you collect may have even made history on their own. Who knows whose hands those old coins may have passed through? They may have been in the palms of kings and presidents, philosophers and physicians, writers and artists, or inventors and tycoons. And with the number of times that change changes hands, there is no telling who might have spent those old coins you are adding to your collection.

While old coins can be good investments, they are much more than that for a coin collector. They are windows to long gone pasts and forgotten times. They are connections to people who have lived all manner of lives and done things both great and small. So when you see old coins, remember that many people have worked to earn that coin and they have all, at some level, appreciated its presence in their lives. So enjoy those old coins that you collect and appreciate them for the fact that they could fill entire books with the stories that they have to tell.

Collecting Greek, Roman, And Other Old Coins

A Beginner’s Guide to Collecting Inexpensive Old Coins

Collecting old coins is like holding a piece of history right in your hand. It is common to find affordable ancient Roman coins that are 1600 years old, and many are even 2000 years old or more. Imagine that the ancient Roman denarius in your collection might once have bought admission to the gladiator fights in the Coliseum or chariot races at the Circus Maximum. The best thing about collecting old coins is that, unlike other antiquities, ancient coins are remarkably affordable. Because so many ancient coins have been discovered, and more are being unearthed every day, it is possible to buy millennia-old coins for only a few dollars apiece. For less than the cost of a movie ticket, you could own a link to olden times.

Things You Should Look For While Buying Old Coins

Unless you are looking to spend some serious money on your collection, the old coins that you buy will probably not be extremely valuable as an investment. However, that should not undermine the thrill of being able to own a genuine aged coin on a shoestring budget. There are numerous places, both online and off, that sell inexpensive old coins. The important thing to look for when buying these ancient coins is that the coin is identifiable. It is disappointing to buy an aged coin, only to realize that there is no way of telling what it actually is. The best way to ensure that an ancient coin is identifiable is to be certain that the writing and inscriptions on it are legible.

Buying Uncleaned Lots of Old Coins

Of course, there is another bargain option when buying ancient coins, and that is to buy a lot of uncleaned coins. These are old coins that have been unearthed in archaeologically rich areas like Italy or Greece, but have not had the dirt and buildup of the centuries cleaned from them. Uncleaned lots of elderly coins are exciting because you never know if the coins will be so worn that there is nothing left but a smooth piece of metal, or whether you will uncover a genuine rare coin. You should be aware, however, that the likelihood of finding a high-value gold or silver coin among uncleaned lots is extremely slim. Furthermore, the reason why uncleaned lots are sold to begin with is that cleaning old coins is a difficult endeavor in the best of circumstances. Removing large amounts of dirt and debris from ancient coins carries the risk of spoiling the coin.

How to Store Old Coins

Elderly coins, like elderly people, require tender handling. It is important to remember that one of the vital factors regarding the value of an old-time coin is the patina, or the sheen that builds up on the surface of a coin over time. The last thing you want to do is to polish an ancient silver coin so that it is bright and shining! When dealing with old coins, you should only hold them by the edges, since the oil on your hands can ruin the patina. Do not attempt to clean old coins on your own without learning a lot about the proper techniques. Only a veteran should attempt to clean a potentially valuable aged coin.

When storing old coins, always use acid-free materials; any other kind of storage could damage the coin. You’ll need a safe place to keep your ancient coins. Some options include mylar flips, acid-free plastic sheets that go into three-ring binders, and even special collector’s cases, if you want a particularly elegant look for your collection.

HISTORIC FIRST STRIKE OF NATION’S MOST BEAUTIFUL COIN

Mint Seal

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.

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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