Check Out This Highly Desirable Date of a $10 Indian
By Brian Zweig
Numismatics represent the merging of art and economics to produce miniature sculptures that serve as currency. The US Mint has a long history of striking exquisite designs by some of the world’s most talented engravers and artists. Among these masterpieces are the gold coins designed by Augustus Saint-Gaudens in the early 1900’s.
Saint-Gaudens was one of the most celebrated sculptors of the late 19th and early 20th centuries, and his work is treasured by museums across the world. Considered iconic works of art, his sculptures are incredibly prized by today’s collectors and some have sold for as high as $2.04 million each. While many of his sculptures are unique and unobtainable, the coins of he designed offer incredible artistry and historic significance for just a fraction of what his sculptures cost at auction.
Augustus Saint-Gaudens set out to redesign our $10 and $20 gold coins at the request of his close friend President Theodore Roosevelt, and his designs are now considered among the most beautiful coins ever struck by the US Mint. By the turn of the 20th century, the US Mint had been using the same design on our gold coinage for over 50 years. This Liberty Head design had become a symbol of American prosperity; however, Roosevelt felt that this design was of low artistic merit and was no longer as inspiring as it was once perceived.
Around his second inauguration in 1905, Roosevelt made it his “pet project” to revitalize our nation’s coinage with a design that could compete with that of the world’s leading mints. Inspired by the beautiful coins of Ancient Greece found at the Smithsonian Institution, Roosevelt desired something intensely symbolic and struck in high-relief. He brought these concerns to his close friend Augustus Saint-Gaudens, who provided designs for both the $10 and $20 coin in 1907 shortly before his death.
The design for the $10 coin features a side profile of Liberty’s head wearing a traditional Native American feather headdress. The reverse features a modified version of the design used on Roosevelt’s inaugural medal, with an eagle facing left proudly perched on a bundle of arrows.
The Indian $10 gold coin is one of Saint-Gaudens’ miniature masterpieces, and it has been prized for its iconic design for over 100 years. It is an important work of art, offering the same level of craftsmanship and beauty associated with sculptures costing millions. This coin was struck in limited quantities from 1907 through 1933, though nearly all of those struck in 1933 were quickly melted.
The 1911 issue is among the most desirable years of this Indian Head $10 design type. It is subject to heavy demand from collectors in all grades. It boasts a lower mintage of just 505,000 coins, and less than 10% of this mintage remains for collectors today. Its rarity is considerably increased in Mint State, where less than 25,000 examples exist.
In Choice Mint State, the 1911 Indian eagle offers remarkable scarcity from one of the most beautiful designs to grace America’s coinage. Just 1,100 examples have been certified at the MS64 level by PCGS, and only about 300 rank finer.
After years of trading in the $2,000-$3,300 range, MS64 $10 Indians are available at levels priced much more accessible to the average investor. For just a couple hundred more than an MS63—and thousands less than an MS65—the MS64 is fundamentally undervalued. We encourage you to act now before others discover this numismatic bargain.
We believe $10 Indians in certified MS64 are a great opportunity right now. NGC values this coin in this grade at $1,800 on their site and PCGS values it at $1,650. We have 50 coins available and will offer free shipping on all orders.
1911 MS64 $10 Indian at $1,449*
Just $1,399 each when you purchase 3 or more!
A decent supply of 1926 and 1932 pieces is available on the market, but the 1910-1912 dates are virtually non-existent. Finding this limited cache of coins took tremendous time and effort, but placing all of them with buyers might take just one morning, as these offers tend to sell out quickly.
In light of this, we urge you to call 800-831-0007 or email us to claim your 1911 $10 Indians as soon as possible.
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Free shipping, handling, and insurance are available at any quantity. Offer expires Friday September 27, 2019, or while supplies last.