1/4 Oz Fine Gold 10 Dollar Coin
Gold coins have always been a symbol of wealth and prosperity. The 1/4 oz fine gold 10 dollar coin is a popular choice among investors and collectors alike. Minted by the United States Mint, this coin is a great addition to any collection or investment portfolio. Let's take a closer look at this coin and its features.
Design
The 1/4 oz fine gold 10 dollar coin features a design that is both classic and timeless. The obverse of the coin features Lady Liberty holding a torch and an olive branch, with the Capitol building in the background. The reverse of the coin features a bald eagle flying above a nest with a female eagle and her hatchlings.
The design of the coin was created by Augustus Saint-Gaudens and was first minted in 1907. The design has remained largely unchanged since then, with only minor updates to the design over the years.
Specifications
The 1/4 oz fine gold 10 dollar coin has a diameter of 22 mm and a thickness of 1.78 mm. The coin has a total weight of 8.483 grams and contains 0.25 troy ounces of pure gold. The coin has a face value of $10, but its actual value is determined by the current market price of gold.
The coin is made of 91.67% pure gold, with the remaining 8.33% made up of copper and silver. This alloy helps to increase the durability of the coin, making it less prone to scratches and other damage.
Value
The value of the 1/4 oz fine gold 10 dollar coin is determined by a number of factors, including the current market price of gold, the condition of the coin, and its rarity. As of September 2021, the current market price of gold is around $1,800 per ounce, which means that the coin contains around $450 worth of gold.
The value of the coin can also be affected by its rarity. Some years and mint marks are more rare than others, which can drive up the value of the coin. For example, the 1913-D coin is one of the rarest coins in the series, with only 55,000 minted. This makes it one of the most valuable coins in the series, with a value of over $20,000.
Investment
The 1/4 oz fine gold 10 dollar coin is a popular choice among investors who are looking to diversify their portfolio. Gold has historically been a safe haven asset, meaning that its value tends to hold up well during times of economic uncertainty.
Investors can purchase the coins directly from the United States Mint or from a reputable coin dealer. It's important to do your research and only purchase coins from a trusted source to avoid scams or counterfeit coins.
Conclusion
The 1/4 oz fine gold 10 dollar coin is a classic and timeless coin that is both beautiful and valuable. Whether you are a collector or an investor, this coin is a great addition to any portfolio. With its rich history and enduring design, this coin is sure to be a favorite among coin enthusiasts for years to come.