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EAGLE 1866-1907 Coronet, With Motto

Front - Eagle coronet Back - Eagle coronet

Description

At this period in time, it becomes apparent that commerce began to require a larger number of coins of larger denomination. Obviously the $10 gold coin was much less cumbersome to carry than 10 silver dollars. The massive number of these coins produced also suggests, propserity was spreading throughout our young but productive country. In 1866 the motto IN GOD WE TRUST was added to the reverse of the eagle and appears on a ribbon or scroll from that time through 1907. Otherwise the obverse of Miss Liberty remained the same as the previous design. Production was continuous at the Philadelphia Mint during this span and nearly continuous at San Francisco. Beginning in 1870, examples were struck at the Carson City Mint. New Orleans coins were produced from 1879 through 1883 and again in several later years. Coins were struck at Denver in 1906 and 1907. In grades from Very Fine to AU the type set collector will have a wide choice of specimens. Examples are not rare. Uncirculated pieces are readily encountered of dates toward the end of the type.

Valuation

Superb Uncirculated pieces are very elusive. Proofs were minted and are occasionally available; all are rare.
COIN NAME
EAGLE 1866-1907 Coronet, With Motto
DESIGNED BY
Christian Gobrecht
ISSUE DATE
1866-1907
COMPOSITION
0.900 part gold, 0.100 part copper
DIAMETER
27 mm
WEIGHT
258 grains
EDGE
Reeded
BUS MINT
37,391,767
PROOF MINT
2327

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.