How The $10 Indian American Gold Coin Was Changed
The renowned master sculptor, Augustus Saint-Gaudens, was commissioned in 1905 by President Teddy Roosevelt, to create a totally new look and design for the American gold coins. President Roosevelt, who favored the ancient Greek tradition of coinage, requested that these gold coins be created in this manner with fresh and new designs.
The obverse side of the coin depicted Miss Liberty all adorned in an Indian War Bonnet. This came about when Mr. St-Gaudens mixed two separate traditions for the $10 gold coin… that is using the prior Miss Liberty profile, and then adding the feathered Indian headdress. The newly designed American gold coin had an unusual edge that consisted of 46 stars, representing the 46 states that comprised the Union at that time. Later, in 1912, New Mexico and Arizona joined the union and 2 more stars were added.
The reverse of the new $10 gold coin design featured a very proud eagle perched upon a bundle of arrows. Many who saw this new and magnificent design considered this to be one of the U.S. finest works of design in gold art. To this day, it remains one of the finest works by this great sculptor.
Mintages of this outstanding $10 Indian American gold coin were extremely limited and this added to its rarity and very high desirability by many collectors. The actual total number of these Indian gold coins minted were far less that the even a single year’s mintage of the Morgan silver dollar, and in fact, from 1907 to 1933, the coins were only struck intermittently. Then, in 1933, the Treasury recalled American gold coins, and millions of them were melted down and destroyed forever.
The $10 Indian gold coin is a part of American history and highly sought after by many coin and gold collectors. It is recommended for your gold coin collection, with the more popular dates being 1926 through 1929.
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