If you are a serious coin collector, you should have an Indian Head Gold coin in your collection or hope to get one. The coin series were two separate coins that were a two-and-a-half-dollar piece. The other was a five-dollar coin. Both were made in the early nineteen hundreds and are the only circulating United States Coins that feature recessed designs. The two currencies also ended a series that began in the late seventeen hundreds. Though both coins were beautiful, they weren’t as popular back then as they are now.
In the nineteen twenties, the Indian head gold coin was mainly present around the holidays.
When Gold Vanished
During the first world war, gold began to vanish from all circulation. During this time, the coins hadn’t been circulating much as it was, but it wasn’t until the nineteen-thirties that the president had stopped the issuance of gold in coin form. He also recalled various pieces that had been in the public or private banks. That was due to the economic unrest that became apparent, and it needed an immediate solution. Gold was rising astronomically in price, so the coins made with gold immediately began to disappear from circulation. The economic collapse was so great that the depression hit soon after that the coin’s mints were halted. Before this happened, the banks would allow people to purchase the coins after the mints were produced throughout the year. While people may not have had much interest in them in the past, they most assuredly are now.
The Indian Head Gold Coin Design
The designs on these coins were unique, and they were engraved. The coin features a Native American man facing the left and the designer’s initials. Initially, the coins would have words, but the idea was changed. The back of the coin showcases a standing eagle upon a bed of arrows. The left talon is shown holding an olive branch. You will find that the mint mark is found on the left of the arrowhead bed.
These coins were made when the president was dissatisfied with how the coins looked and wanted something unique. The result was something that people felt was more naturalistic and with a better look overall than other coins in circulation. These coins are now scarce and sought after, with people willing to pay large amounts for the change to own one. People understand that this could be their one and only chance to do this.
What Is An Indian Head Gold Coin Worth?
It may surprise you, but the pricing on these coins is subjective. While they are rare and out of circulation, this is a case of people who don’t know what they have. You also will find that some people have gotten the coins and simply don’t care for them. In these instances, the coins are selling on the internet for less than thirty dollars, which is shocking. However, you will also find those who realize what they have, and those prices are nowhere near the same.
For a two dollar and fifty cents Indian Head gold coin, you should expect to pay at least five hundred to one thousand dollars. You will also see that this coin is ninety percent gold and ten percent copper. For a five-dollar piece that has been authorized, you can expect to pay from twenty-one hundred dollars to four thousand. The average price of these coins is between two and seven hundred dollars.
There are features that the coins have that make them worth more. The most popular date, for example, is nineteen eleven. You will find that these are far more expensive. The coins circulating between the years of nineteen eight and nineteen twenty-five are the ones that people are vying for. In the future, both immediate and farther out, it is believed that the price will only go up because they are no longer being produced, and in the future, the coins will only continue to become rare.
Why The Indian Head Gold Coin Is So Wanted
The Indian Head Gold Coin is wanted because of the exclusive historical design. There are no others that have this authentic look, and you will find that they are extremely rare. The gold content is also highly desirable. However, one of the most innovative reasons is that the coins are sold out fast on almost every platform that has them. In a variety of areas, you can see that the coins sell out in less than a month. Because of that, people want these coins as they feel that they are unique, exclusive, and not something that you would be able to find in a typical home.
Others seek out these coins because they realize that the currency is worth investment. Paying a thousand dollars for a coin that could be worth twenty thousand later would be a brilliant idea to gain a great return on investment. It will take approximately a decade or more for the prices to quintuple in that manner, but coin collectors know that being patient pays off well later on.
Finding An Indian Head Gold Coin For Yourself
When you want to gain ownership of an Indian Head Gold Coin is not as complicated as you think. By using search directories, you can find reputable sites to buy a coin and ensure that you are not being duped. However, like with any method, you will need to use your instincts and be careful not to fall into traps made to scam innocent people. Once you have made sure that you have found a reputable source, you will find that you can find the Indian Head Gold Coin and call it your own. Many choose not to sell these but instead want to keep them. If, however, that is not the avenue you choose, remember that you will get your investment back. For now, you can enjoy a piece of the nation’s history that cannot be replicated.