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$10 Indian Head Gold Coin

aus3000tinaus3000tin Posts: 369 ✭✭✭
in U.S. Coin Forum
I want to buy just one $10 Indian Head Gold.
My limit is about $1500.
If you were to purchase just one coin from this variety, then which would it be?

Thanks,

Chris Langdon

Comments

  • csdotcsdot Posts: 707 ✭✭✭✭
    Since 1926 and 1932 are the most common, I'd try to find one of the other dates.

    Indian Head $10 Gold Date Set Album

  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    I'd go with a first year of issue 1907 N/M as it's always in demand by type collectors.

    I'd also look at examples at nearly 1/2 your budget on up as you might stumble across something nice.

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • LakesammmanLakesammman Posts: 17,464 ✭✭✭✭✭
    I'd look for one in a Doily. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • messydeskmessydesk Posts: 20,340 ✭✭✭✭✭
    1911 is also considered a type coin date at that price level, yet the population is 1/10 that of the 1932 (in MS63). Whichever you buy, know that there are many available, so you'll have a chance to cherrypick within a single grade for quality.
    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • derrybderryb Posts: 37,704 ✭✭✭✭✭
    a certified one

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • msch1manmsch1man Posts: 809 ✭✭✭✭


    << <i>I'd go with a first year of issue 1907 N/M as it's always in demand by type collectors.

    I'd also look at examples at nearly 1/2 your budget on up as you might stumble across something nice. >>




    I think this is really solid advice. Plus, purely my personal preference, but I think the No Motto Indian is a slightly more attractive design.
  • TigersFan2TigersFan2 Posts: 1,442 ✭✭
    Don't feel obligated to spend the full $1,500. You can find a PCGS one in MS condition for less. Make sure it's certified by PCGS or NGC as raw gold coins can be difficult to grade and identify problems.
    I love the 3 P's: PB&J, PBR and PCGS.
  • jomjom Posts: 3,493 ✭✭✭✭✭
    As stated below the 1911 is a good choice. I always like those since many of them come with a nice orange color.

    However, the 07 N/M is a good choice too for the reasons mentioned below.

    jom
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I like the 1911..... Be sure to show us what you finally acquire....Cheers, RickO
  • BillJonesBillJones Posts: 34,848 ✭✭✭✭✭
    The 1932 $10 Indian is an interesting coin because it is the only date amoung the U.S. pieces FROM THE 1930s that is affordable. The other dates people have mentioned, such as the 1911, are interesting, but I find the 1932 appealing because of its depression era date.

    The 1907 is of interest because it did not have the motto "In God we trust." That reflected Teddy Roosevelt's opinion that it was blasphemous to mention The Deity on a coin because it could be used for immoral purposes like gambling and prostitution. Congress overruled him on that one, and the motto was added to the design in 1908.

    As a practical matter, strike quality of the 1907 No Motto piece varies. Many of them are not sharp, and the grading can vary because of that. You should also be careful of the 1932 double eagles. The grading on them can be loose. Given you budget, you should able to find a nice example in MS-63 for sure and perhaps MS-64. If the coin looks to be excessively marked up to you, pass.

    Here are photos of the two types. This 1907 is graded MS-64 and would be out of your price range.

    image
    image

    This 1932 is graded MS-63, and would be within your price range.

    image
    image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • PerryHallPerryHall Posts: 46,898 ✭✭✭✭✭


    << <i>The 1932 $10 Indian is an interesting coin because it is the only coin among the U.S. gold pieces that is affordable. >>

    image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • oih82w8oih82w8 Posts: 12,617 ✭✭✭✭✭


    << <i>I like the 1911..... Be sure to show us what you finally acquire....Cheers, RickO >>



    Go figure, Ricko likes "1911" (check his avatar) image

    Just noticed that the "U" in Unum is below the wing on the 1907 and on top of the wing on the 1932...may be one of the differences between No Motto verse With Motto.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

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  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Not a fan of the 1911 as it more so a bullion date... For a few dollars more you can get a 1909 or 1914 Philly which are way tougher.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • BillJonesBillJones Posts: 34,848 ✭✭✭✭✭


    << <i>

    << <i>The 1932 $10 Indian is an interesting coin because it is the only coin among the U.S. gold pieces that is affordable. >>

    image >>



    Sorry, I did not word that correctly.

    It should be "The 1932 $10 Indian is an interesting coin because it is the only date amoung the U.S. pieces FROM THE 1930s that is affordable.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • ashelandasheland Posts: 23,789 ✭✭✭✭✭


    << <i>I'd look for one in a Doily. image >>


    image

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  • coinlieutenantcoinlieutenant Posts: 9,320 ✭✭✭✭✭
    If I were you, I would search for a nice AU58 like the one I posted below. You can find these coins raw or graded and it makes for a challenging hunt with standards applied. Try to find one that has qualities that set it apart in some way. In this case, I loved the toning. With gold at its current levels, you could probably find two, a no motto and motto. image

    image

    siliconvalleycoins.com

  • Cougar1978Cougar1978 Posts: 8,832 ✭✭✭✭✭
    For $1500 I would look for a nice MS64 1926 or 1932 which had nice luster, relatively clean of marks, and no spots. Ideally a coin with super cartwheel luster, solid for the grade.
    Investor
  • BillJonesBillJones Posts: 34,848 ✭✭✭✭✭
    This collector is looking for a type coin that showcases the design. For that reason I would not buy an AU-58. Buy a carefully selected MS-64.

    I am not a huge fan of the No Motto 1907 and 1908 eagles for type collectors. The coins often do not come well struck, and selecting a nice one seems to be a minefield for both collectors and graders. Would you like to guess the grade of this one, which is still in my collection?


    imageimage

    I know that some of you think that everything in an NGC holder is over graded.

    This is in an MS-61 holder, and it's just as good in person as it is in these photos. I would not sell this one in the MS-61 holder, because that's like giving half or more of the coin away.

    This is not the only example of this type that I have seen that I thought was under graded. This is the most obvious example I have ever seen, and for less than $500, I could not resist buying it and keeping it.

    I have also seen some overgraded examples of this type.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>This collector is looking for a type coin that showcases the design. For that reason I would not buy an AU-58. Buy a carefully selected MS-64. >>



    I once collected this series in MS64 from 07-16S then discovered AU58's that are all there.... A far greater challenge, but out there.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    Buy one. Be happy.

    ``https://ebay.us/m/KxolR5

  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>Buy one. Be happy. >>



    Buy Two. Be Happier image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    Although a lot of folks don't like the more common dates. I went with this one a while back. Has a deeper orange color in person. And the OGH (L@@K) is pristine. image

    image
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • REALGATORREALGATOR Posts: 2,651 ✭✭✭✭✭
    1911-S

    This used to be the key to the series (excluding the 20-S and 33 meltdowns). A few dozen high grade examples showed up from a small hoard in Europe I believe about 40 years ago which has since
    suppressed the overall prices. So its now a bit of a "sleeper". With patience, $1500 will get you a decent example.
  • clarkbar04clarkbar04 Posts: 4,982 ✭✭✭✭✭


    << <i>Although a lot of folks don't like the more common dates. I went with this one a while back. Has a deeper orange color in person. And the OGH (L@@K) is pristine. image

    >>



    I wouldn't care what the date was if it looked like that!

    OP:

    I got a 1913 in a 62 holder, I picked it because I liked the date and it is a lower mintage coin, and it also looked 10x better than anything else in a 62 holder that I'd seen. It only set me back in the 3-figure range. At $1500 you'd still have enough left to get a nice $5 gold.
    imageimage
    MS66 taste on an MS63 budget.
  • BillJonesBillJones Posts: 34,848 ✭✭✭✭✭


    << <i>

    << <i>This collector is looking for a type coin that showcases the design. For that reason I would not buy an AU-58. Buy a carefully selected MS-64. >>



    I once collected this series in MS64 from 07-16S then discovered AU58's that are all there.... A far greater challenge, but out there. >>



    I have collected AU-58 coins for years, but if I could afford to buy an MS-64 instead, I'd jump at it.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

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