Sunday, March 11, 2012

The Gold Indian Head Coin

By Maxine Santos


Gold Indian Head Coin can be traded on a very expensive and high value from its one of a kin and rarity of its existence as well as the factor of condition on hand. This coin is minted from the year 1907-1933 and overall total of the coin minted is not that less than of 1 year process of mintage from the Morgan Silver Dollar. From this, there is no big production of this coin.

The President Teddy Roosevelt orders to make new US gold coin and this was contracted by the great artist and sculptor Augustus St Gaudens and they made the new Gold Indian Head coin. St Gaudens sketch up the design of the coin from napkin and the design from the German Adolph A. Weinman. Weinman is also known as the collectors for his very own Mercury Dime and the Walking Liberty Half Dollar. He is the great sculptor that used the Miss Liberty profile. He adds up the feather on the Indian Headdress as well as the stars that symbolizes the United States of America. On the reverse, the 10 dollar gold coin was the eagle perched from the collection of the arrows.

In 1908, President Roosevelt commissioned the latest 5 dollar Gold Indian Head coin and this was the most different coin ever designed. Bela Lyon Pratt is the designer of the coin containing the head incuse and also this means that the sculpture head is just not lifted from the surface. From the coins, it was sunken from its under.
You will find only couple of it was produced and minted on the year 1908 to 1915 when the mintage on this was ceased for almost A decade before it resume. In the year 1929 on the stock exchange crash, this brings an overall total depression. This is all halted from its production of the $ 5 coin there doesn't have any reported output of it subsequently.

As a result the Gold Indian Head coin among the rarest and the most preferred coin minted available from the beauty. The five dollar Gold Indian Head coin is made up of half gold from the piece of 10 dollar gold coin.

From its absorption on the past time are the expensive collection of the Gold Indian Head Coin which can be on its excellence in regards to its rewards that are inevitably outweigh looking at the cost from lasting. Gold Indian Head coin is small in size and the rarest among other. This makes the excellent and also this is priced by the Gold collectors. Each coin features its own high value for the collectors each are contained with the 1343 troy oz. of proper gold.




About the Author:



No comments:

Post a Comment