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Basis: gold @ $1,256.34 -- Updated: 07/21/2017
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$10 Indian gold coins in Mint State 62 condition are an excellent value in today's market. They combine true scarcity, large gold content, and a popular design at a very low price.
Designed by Augustus Saint-Gaudens, the American sculptor celebrated for beautiful $20 gold coin that bears his name, $10 Indians feature a classic portrait of Liberty in a Native American war bonnet on the obverse and a majestic American Eagle on the reverse.
True scarcity, good value
Minted from 1907 to 1933, $10 Indians were produced by the millions but almost all were heavily used as currency. Out of an original mintage of nearly 15 million, only 110,757 survivors are known in choice Mint State 62 condition (PCGS + NGC, 12/28/2016). Their surviving population is almost half of their brethren $10 Liberty in MS62, yet they cost relatively little more in today's market.
Unlike most forms of gold bullion, they are exempt from broker reporting requirements. In our opinion, they're better than bullion for bulk gold buyers.
• Only 110,757 coins survive in certified MS62. This true scarcity can mean higher premiums during periods of increased demand.
• Excellent value. Combines low prices with solid upside potential.
• Private, secure, and liquid. Unlike most forms of gold bullion, they are exempt from broker reporting requirements.
$10 Indian (MS62)
Minted: 1907 to 1933 (dates our choice)
oz. pure gold
Size: 27 mm, reeded edge
Weight: 16.718 grams