Did you know that some old coins can be worth hundreds of thousands of dollars? One such coin is the $10 Liberty Head Eagle from 1868, which is valued at an incredible $930,000! But to figure out if your coin could be this valuable, you need to spot specific features. In this article, we will explore what makes this coin special and how you can identify its key details.
What Is the $10 Liberty Head Eagle?
The $10 Liberty Head Eagle was minted in America in 1868. This coin is highly sought after by collectors and is a great example of American history. Here are some key features of the coin:
Front Side (Obverse)
- Lady Liberty: The front side of the coin features a bust of Lady Liberty wearing a beaded crown.
- Stars: Surrounding her are 13 stars that represent the original 13 colonies of the United States.
Back Side (Reverse)
- Eagle Design: The back side shows a powerful eagle with its wings spread wide.
- Scroll and Inscription: Above the eagle, a scroll reads “In God We Trust,” while the bottom states “Ten D,” which indicates its value of ten dollars.
The Rarity of the 1868 Coin
It is estimated that only 10,630 $10 coins were made in 1868, according to the Numismatic Guaranty Company. However, only four examples of the gold pattern on this coin are known to exist today. One of these coins has been part of the Michelson Collection at the Connecticut State Library since 1913. That leaves just three coins available for collectors!
Value of the Coin
The most valuable $10 Liberty Head coin sold for $930,000 at Heritage Auctions in 2024. Its high value is mainly because it has maintained its shiny gold appearance over the years.
Other Noteworthy Coins
The 1852-O $20 gold coin is another important coin that is no longer used. Experts at Coin Book USA say that only about 190,000 of these coins were minted. Depending on their condition, they can sell for prices ranging from $4,600 to over $175,648 at auctions.
Key Features of the $20 Gold Coin
- Front Side (Obverse): The front side is similar to the $10 coin but with some differences in Lady Liberty’s hair.
- Back Side (Reverse): The reverse shows a more elaborate eagle design, which is clutching an olive branch and arrows.
Value of the $20 Coin
One of these coins is currently listed at $14,500 on Heritage Auctions, graded AU53 by the NGC (Numismatic Guaranty Corporation). This grading is based on five main factors: strike, surface preservation, luster, coloration, and eye appeal.
| Coin Type | Year | Minted | Known Examples | Auction Price |
|---|---|---|---|---|
| $10 Liberty Head Eagle | 1868 | 10,630 | 4 | $930,000 (2024) |
| $20 Gold Coin | 1852-O | 190,000 | Unknown | $14,500 (Current) |
How to Spot Valuable Coins
Now that you know about the $10 Liberty Head Eagle and the $20 Gold Coin, here are a few tips on how to spot a valuable coin:
- Check for Unique Designs: Look for specific designs that are different from regular coins.
- Examine the Condition: Coins in good condition are usually more valuable.
- Know Your Rarity: The fewer coins that were minted, the more valuable they can be.
Conclusion
Collecting coins can be a fascinating hobby, especially when it comes to rare and valuable coins like the $10 Liberty Head Eagle. By understanding the unique features that make these coins special, you can better appreciate their history and worth. Whether you’re a beginner or a seasoned collector, always look for key details, check the coin’s condition, and know its rarity. Who knows? You might discover a treasure worth thousands!
FAQ’s
What makes the $10 Liberty Head Eagle so valuable?
The coin is rare, with only four known examples of its gold pattern. Its shiny appearance also adds to its value.
How can I tell if my coin is worth money?
Look for unique designs and check its condition. Coins in better shape tend to be worth more.
Are there other coins like the $10 Liberty Head Eagle?
Yes! The $20 Gold Coin from 1852-O is another valuable coin that collectors seek after.