21k Gold 1907 Indian Head Ten Dollar Coin
The 21k Gold 1907 Indian Head Ten Dollar Coin, also known as the Eagle, is a highly sought-after coin by collectors and investors alike. This coin is a part of the Indian Head series, which was minted from 1907 to 1933. The coins were designed by the famous sculptor Augustus Saint-Gaudens and were minted at the Philadelphia Mint.
The Design of the Coin
The obverse of the coin features a Native American chief wearing a full headdress with the word "LIBERTY" inscribed on the band of the headdress. The reverse of the coin features a majestic eagle with outstretched wings, perched on a bundle of arrows with an olive branch in its talons. The eagle is surrounded by the inscriptions "UNITED STATES OF AMERICA" and "TEN DOLLARS".
The Gold Content of the Coin
The 21k Gold 1907 Indian Head Ten Dollar Coin is made of 90% gold and 10% copper, with a net weight of 0.48375 troy ounces of pure gold. The coin has a diameter of 27 mm and a thickness of 2.15 mm. The coin has a reeded edge and a lettered edge inscription that reads "E PLURIBUS UNUM".
The Rarity and Value of the Coin
The 21k Gold 1907 Indian Head Ten Dollar Coin is considered to be a rare coin, with a mintage of only 239,406. The coin is highly valued by collectors and investors alike, with a current market value that ranges from $1,500 to $20,000 or more, depending on the coin's condition, rarity, and historical significance.
The Historical Significance of the Coin
The 21k Gold 1907 Indian Head Ten Dollar Coin has a significant historical value, as it was minted during a time of great change in the United States. The coin was introduced during the presidency of Theodore Roosevelt, who was a strong advocate for American art and culture. The design of the coin was inspired by the ancient Greek and Roman coins, which Roosevelt believed were the epitome of artistic excellence.
The 1907 Indian Head Ten Dollar Coin was also minted during a time when the United States was transitioning from a gold standard to a fiat currency system. The coin was part of a series of gold coins that were minted to support the gold standard, which was eventually abandoned in the 1930s.
Conclusion
The 21k Gold 1907 Indian Head Ten Dollar Coin is a highly valuable and historically significant coin that is much sought after by collectors and investors alike. The coin's beautiful design, rarity, and gold content make it a valuable addition to any collection or investment portfolio. If you are interested in purchasing this coin, it is important to do your research and buy from a reputable dealer.