Indian Head Ten Dollar Gold Coin
The Indian Head Ten Dollar Gold Coin was designed by Augustus Saint-Gaudens in response to President Franklin D. Roosevelt's plea for a more beautiful gold coinage. It certainly is one of the most attractive pieces of the gold series and it rapidly increased in popularity with date collectors because with just three exceptions it is fairly easy to complete as a series.
The three exceptions were the 1020-S, 1930-S and 1933 $10 gold pieces. The 1933 coin was particularly popular because it was the latest date U.S. gold coin that was legal to own. In 1974 these three dates had a combined value of $28,000 to $30,000 making the series an ideal gold bullion coin investor-collector commodity.
There are a number of coins in the series that were highly underrated. Coins that in full mint state were every bit as rare as any of the aforementioned big three, all of which were almost always found in uncirculated condition. The 1912-S for example, cataloged at $250 in uncirculated condition. But in spite of its high mintage record, it was probably the most difficult gold coin to obtain in a prime condition.
Some of the early "S" mint gold coins equally difficult to find were the 1908, 1911, 1912, 1913, 1914, 1915 and 1816. Two other worthwhile dates were the 1908 with no motto and the 1911-D, two of the smallest issues in the series. They both appeared, however, far more often in the better grade than either the 1912-S or 1913-S.
Common date brilliant uncirculated Indian head gold eagles went up significantly during 1972 and they have been increasing ever since.
Counterfeit gold eagles are probably the least common of all fake U.S. coins, although some of the scarce dates, particularly the 1915-S and 1916-S have been duplicated.
The Indian Head Ten Dollar Gold Coin did fill the bill for the President's request for a beautiful gold coin.
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