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EAGLE 1907-1908 Indian, No Motto

Front - Eagle coronet Back - Eagle coronet

Description

Before this coin was produced for business circulation, two varieties were experimented with. Apparently the designer and mint officials were ultimately less than impressed as the design lasted only during 1907 and 1908.

The obverse depicts Miss Liberty wearing an Indian headdress inscribed LIBERTY on a band, 13 stars are in an arc above, and the date is below. The reverse depicts a perched eagle with UNITED STATES OF AMERICA above, the motto E PLURIBUS UNUM to the right, and the denomination expressed as TEN DOLLARS below. As President Roosevelt personally objected to the use of the name of the Deity on coins, the Indian issues of 1907 and certain issues of 1908 lack IN GOD WE TRUST. Coinage of the type occurred at Philadelphia in 1907 and 1908 with some coins struck in Denver dated 1908.

Valuation

Superb Uncirculated coins are decidedly rare.
COIN NAME
EAGLE 1907-1908 Indian, No Motto
DESIGNED BY
Augustus Saint-Gaudens
ISSUE DATE
1907-1908
COMPOSITION
0.900 part gold, 0.100 part copper
DIAMETER
27 mm
WEIGHT
258 grains
EDGE
46 raised stars
BUS MINT
483,448
PROOF MINT
None of regular issue

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.