The Indian Head $10 Gold Coin is one of the most sought after U.S. coins ever minted. Seeing as how these coins were only produced for a limited number of years, a serious collector may want to own an Indian Head $10 Gold Coin from each year minted. Making the 1907 Indian Head $10 Gold Coin even more attractive to collectors is the fact that this year was the first edition.
The Indian Head $10 Gold Coin was introduced in 1907 and is one of the most elegant gold coins our nation has ever struck. The $10 Indian Head’s obverse features the head of Liberty, donning an Indian war bonnet that reads ‘LIBERTY’. Thirteen stars representing the nation’s 13 original colonies arc above Liberty’s head. The date appears at the bottom of the coin. The reverse depicts a proud Bald Eagle puffing its chest as it stands among olive branches.
The process that a coin goes through for grading is very complex. While subjective, the grading process does also come down to the opinion of experts in coinage. These experts will closely examine all aspects of the coin, and determine how well its condition has stood the test of time. As with any other type of coin, the less wear and tear the coin has and the better the overall condition, the more valuable the coin will be. Upon close examination of the coin’s obverse and reverse, one can get a general idea of a coin’s potential grade based on any imperfections present on the coin as well as relative scarcity, mint year and other factors.
Use the specifications below to determine how your Indian Head $10 Gold Coin coin might be graded.
Uncirculated: An uncirculated 1907 Indian Head $10 Gold Coin is one that displays no signs of wear and tear at all. Despite over 100 years of age, an uncirculated coin in great condition will appear as if it just rolled of the mint’s presses. While the coin’s color and tone may provide clues as to its age, a coin in this condition will have no imperfections on its imagery or texture. One can easily use a magnifying glass to closely scrutinize a Indian Head $10 Gold Coin coin. The magnifying glass can help one see if all details remain robust, or if some of the coin’s details have been worn away over time.
Extremely Fine: Just a step lower on the grading ladder, an extremely fine Indian Head $10 Gold Coin will display only minor wear and tear on the coin’s obverse or reverse. Some of the smaller details, such as the olive branch, may be slightly worn down due to the coin changing hands over the years. The coin’s texture may also be smoother in some areas. Nevertheless, this coin is still considered to be in good condition and remains very attractive.
Fine: A fine coin has kept all of its details and imagery intact, although there are very visible signs of wear and tear on the coin. The coin may have lettering or images that are slightly worn, and the coin’s finish may take on a more dull appearance.
Good: Heavy wear and tear has taken a toll on the coin’s images or lettering. Although these coins are not in pristine condition, they can still be extremely popular due to their relative scarcity.
For coins that are as old as the 1907 Indian Head $10 Gold Coin, one of the biggest determinants of price is the condition the coin is in. Most of these pieces have suffered some heavy damage, so that is why collectors will inspect their condition closely. The chart below is aimed at giving you a better idea of what you might pay for a 1907 Indian Head $10 Gold Coin given its grade.
Indian Head $10 Gold Coin
|1907 Indian Head $10 Gold Coin||N/A||N/A||$875||$900||Source: Red Book|