$10 Indian

10 dollar Indian Gold American Coin

Description

True to form, very few gold coins in early years were produced as Proofs. It is suggested that since Proof pieces usually carried a healthy premium, people chose to collect coins that were infinitely less valuable to begin with. To store something as valuable as gold, just for the purpose of collecting, seemed unfashionable to say the least. In 1813 the John Reich design was modified to a portrait featuring the head and part of the neck of Miss Liberty, facing left, an abbreviated version of the earlier style. In the new version, the stars completely surround the head, and the date is below. The reverse motif remains the same. From 1813 to 1829 half eagles were minted with a diameter of 25 mm. In 1829 the diameter was reduced to 22.5 mm and certain other modifications occurred, under the direction of William Kneass. Technically speaking, the 1829-1834 reduced diameter format can be considered a separate type, but as half eagles of this era are exceedingly rare, most numismatists have been content to consider the span 1813-1834 as a single design Although mintages were fairly generous for many half eagles from 1813 through 1834, nearly all of the issues in this span are great rarities today. The type set collector will have the best luck and the best use of his money if an issue such as 1813, 1814/3, 1818, or 1820 is selected, none of which will be inexpensive, but other issues are apt to be much more costly.

Valuation

The half eagle of the 1813-1834 design type is one of the highlights of a type set of early American gold coins.
COIN NAME
$10 Indian
DESIGNED BY
Augustus Saint-Gaudens
ISSUE DATE
1813-1834
COMPOSITION
0.9167 part gold, 0.0833 part copper
DIAMETER
25 mm (1813-1829) 22.5 mm (1829-1834)
WEIGHT
135 grains
EDGE
Reeded
BUS MINT
1,385,612
PROOF MINT
Fewer than 150

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