For the first time since 1926, the United States again struck Indian Head $10 Gold Coins. In 1930, only 96,000 Indian Head $10 Gold Coins were struck, and all were made at the San Francisco Mint. Many of these coins were melted, and relatively few remain today.
Indian Head $10 Gold Coin were first minted nearly a century ago, and because of their age, many of the 1930 Indian Head $10 Gold Coin bought and sold today may exhibit signs of wear and tear. This is not surprising, however, given the fact that these coins were minted to go into circulation. Although the coins appearance may reveal its age, there are Indian Head $10 Gold Coin available in brilliant, uncirculated condition as well.
Whenever a collector considers the purchase of a coin that is close to 100 years old, the first thing he or she will do is carefully analyze the surfaces of the coin. This close analysis is necessary because it is the only way one can find out just what type of condition the coin is in. Because these coins are so old, it is impossible to guarantee the condition.
Under normal circumstances, a Indian Head $10 Gold Coin that is having its condition questioned will be sent away for grading at the hands of a professional organization. Understanding that not everyone has the time and money to send their coins away for grading, we have provided below an outline of the different popular coin grades as well as their associated characteristics.
Uncirculated: A coin that is determined to be Uncirculated is one that spent almost no time at all in circulation. These coins have retained all of their original texture and will even have the luster that was applied at the time of minting. All in all, these coins are the best of the best and are in absolutely perfect shape.
Extremely Fine: An Extremely Fine coin is one that has spent only a very limited period of time in circulation. Though they may appear to be in perfect shape, the reality is that under close inspection you will be able to make out some light scratching and other light signs of wear. For collectors, these coins are often a nice, cheaper alternative to Uncirculated editions.
Fine: Fine is a middle of the road grade given to coins that have been circulated, but through that circulation have not incurred a lot of damage. You will notice that the texture of the coin will have been worn down a bit due to the changing of hands over the years, and you will also notice some light consistent scratching on the surfaces of the coin.
Good: If the coin in question was given a Good grade, this means that the coin was circulated very heavily and for an extended period of time. Scratching and chipping are two unavoidable qualities of coins of this grade as well. All in all, collectors may not think of Good coins as the first ones they want to add to a collection, but they are still a great addition to any complete collection despite their poor condition.
For coins as old as the Indian Head $10 Gold Coin, a price can be derived by looking at the coin’s condition. Because collectors only want to find the best coins, they are willing to pay a pretty penny for a Indian Head $10 Gold Coin in excellent condition. Below is a chart aimed at giving you a better idea of what you might be asked to pay for an 1930 Indian Head $10 Gold Coin given its condition.
Indian Head $10 Gold Coin
|1930 Indian Head $10 Gold Coin (S)
|Source: Red Book