$10 INDIAN EAGLE
1907-1933
The $10 Gold Indian Head Eagle is regarded as one of the most desired American Gold coins by collectors and investors worldwide.
At Minuteman Rare Coin, with our 30 years of experience and expertise, our clients own some of the finest and most valuable $10 Indian Head Eagles.
In 1904, President Theodore Roosevelt commissioned sculptor Augustus Saint-Gaudens to redesign the four circulating Gold coins of the early 20th century: the Liberty Head $2.50, $5, $10, and $20 pieces. Each coin had not undergone a significant design change since the mid-19th century.
The $10 Indian Head Eagle debuted in 1907 and featured two high relief varieties, the Wire edge, and Rolled edge, that today can command a small fortune in higher Uncirculated Mint State condition.
The Type 4 "With Motto" $10 Indian Eagle was minted continuously from 1908 to 1916. Production was halted during WWI and then produced in 5 different years leading up to 1933.
The $10 Gold Indian Eagle replaced the long-running $10 Coronet Liberty Head design, which hadn't undergone a significant design change since 1839.
The $10 Indian Eagle was minted at three facilities: the main Mint in Philadelphia, San Francisco, and Denver. The series, which was struck over 15 years, has 32 date and mintmark combinations.
At Minuteman Rare Coin Company, our experience and collecting and investing expertise will guide you to make informed decisions, choose the "right" coins, and navigate the exciting world of rare coins!
U.S. Mint records show that 13,070,583 $10 Indian Head Gold Eagles were struck during its existence as circulating currency. That sounds like a lot of coins, but don't let the mintage output mislead you.
With such a high face value, the $10 Indian had significant purchasing power in the early part of the 20th century and was incredibly popular during its day. For example, $10 in 1908 equals $285 in purchasing power in 2023. It experienced wide and heavy circulation.
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The $10 Indian was also used to conduct large business transactions. It was also hoarded, exported, and mass-melted for its precious metal content.
This has led to low survival rates for many dates in the series. Higher-grade specimens are avidly sought after by serious investors and collectors worldwide.
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In 1933, the $10 Gold Indian Head Eagle earned the distinction of becoming the last gold coin released into circulation in U.S. gold coinage history, ending the historic gold denomination's run dating back to 1795.
The $10 Gold Indian Head Eagle is destined to always be in high demand by investors and collectors and is an excellent investment opportunity with tremendous upside for growth in value and price appreciation for many reasons.
As time progresses, we project that acquiring this prized treasure will become increasingly challenging and more expensive to obtain due to its rarity, value, historical significance, low supply, and lack of availability.
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It is virtually impossible to complete this series in Mint State condition and nearly impossible to complete in circulated condition. The reason is that some very scarce issues do not become available for years, even decades. Even when one does come on the market, you compete against a large audience, which can lead to inflated prices.
That's not all. There are issues in this series that are literally non-existent. But do not fret. At Minuteman Rare Coin Company, we have a solution for those who desire to add this historic and valuable gold coin to their collections.
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KEY DATE $10 INDIAN HEAD EAGLES
1911-D (Denver) is the undisputed rarest issue of the series. The coin had a mintage output of only 30,100, making it the smallest mintage of the entire series. Coins in certified Uncirculated Mint State condition above MS-60 are almost non-existent.
The 1911-D is one of the most significant rarities of all 20th-century U.S. gold coins, both in population and condition.
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1920-S (San Francisco) is the rarest business strike produced at a branch mint. The overwhelming majority of the total mintage was immediately released into circulation, with the remaining pieces seeing the melting pot.
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Fewer than 100 pieces have been certified in both circulated and uncirculated condition. This illustrates just how rare this coin truly is. A case in point is a certified coin in VF-20 (Very Fine) condition, valued at around $11,000 if you can find one!
The 1930-S is one of the rarest early 20th-century gold coins. The San Francisco Mint struck only 96,000 coins, with few pieces released into circulation. The majority of the mintage was melted.
The 1933-P (Philadelphia) $10 Indian Head is a great rarity. It holds the distinction of being the last gold coin produced for circulation by the U.S. Mint and is listed as one of the "100 Greatest U.S. Coins."​
In January and February of 1933, the Philadelphia Mint struck 312,500 coins for circulation.
Only a handful of the coins were released before President Franklin Roosevelt ordered a nationwide gold recall in March by signing Executive Order 6102.
The coins from the remaining mintage were held as reserves and were later melted down. It is estimated that only 30 to 40 coins are known to have survived.
The 1933 Indian Head issue ended the $10 Gold coin denomination, which dates back to 1795.
It is the last of its kind. The Gold Recall in 1933 put an end to all gold coinage to be used as currency in circulation in the U.S.
Every serious investor and collector of United States rare gold coins must have a representation of the remarkable, historical, rare, and valuable, "classic" Early 20th-century rare gold $10 Indian Eagle in their rare gold coin collection.
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The $10 Indian Head Eagle marks the conclusion of a denomination that originated in 1795.
Discover how to obtain this rare historical American treasure: a genuine, authentic, and classic gold coin from the early 20th century
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