Us Indian Gold Coins

Written by Kathleen Gagne
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US minted gold coins were circulated for slightly less than 100 years, from 1838 to 1933. Originally, the gold coins depicted the Liberty head, but in 1907, two other motifs were added, the Indian head and the St. Gaudens. These two coins were the only gold coins minted from then until the Great Depression at which time the treasury began recalling most of the gold coins in circulation.

The recalled coins were collected and melted down. As a result of the disappearance of the collected coins, the remaining coins have increased in value concurrently. If you're one of those people who has a gold coin or two that has been in the family for years, you are probably not aware of the intrinsic value of the coins based on their weight in gold. For example, a gold Indian Head from 1907-1933 uncirculated is worth somewhere around $600.

Investing in US Indian Gold Coins

These coins, because of their gold content and their rarity can be a very worthwhile investment. They are always worth at least their face value, but current gold prices and demand can make them worth significantly more. As an investment, they are safe, portable, private, and non-reportable. This means that you can buy and sell at will and do not have to report your coins to the IRS.

President Roosevelt authorized the very popular and highly prized $10 Indian Head Gold Coins in 1907. Augustus Saint-Gaudens was commissioned to design a new series of gold coins. The design he created for the Indian Head coin showed the head of Liberty with an American Indian war bonnet for a crown. A majestic Guardian Eagle is featured on the obverse side as are the words, "e pluribus unum" which translates as "out of many, one." Investing in US Indian gold coins can be a great choice since they are valued the world over by collectors and investors alike.

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