Liberty Head Eagle $10 Gold Coin

Due to a sharp rise in the price of gold (brought on by the turmoil created by The Napoleonic Wars and Bonapart’s “Reign of Terror”) President Thomas Jefferson ordered that the production of $10 gold coins be halted on December 31, 1804. It would be 34 years and 2 Acts of Congress (altering both weight and fineness of United States gold coinage) before production would resume.

Hard economic times and the low demand for the $10 denomination in circulation made for low mintages in the “no motto” years. Few were saved in mint state ($10 was a great deal of money). Of the surviving specimens, many fell victim to the gold recalls of the 1930’s and were lost forever to the melting pot.

In 1907 the Coronet Liberty Head design was replaced by the legendary Augustus Saint-Gaudens $10 Indian Head. The Gobrecht Coronet remains an icon of U.S. coinage - a classic work of American art wrought in gold.

Diameter: 1-1/8” (27 mm)

Weight: 258 grains (16.718 grams)

Composition: 90% gold-10% silver/copper (1838-73)
90% gold -10% copper (1873- 1907)

Designer Christian Gobrecht

Engraver: Christian Gobrecht (1838-44); James Longacre (1844-68); William Barber (1869-79); andCharlesE.Barber(after1879)

Mint Marks: Philadelphia (none); Denver (D); San Francisco (S); New Orleans (O); found under the eagle on the reverse.

Obverse: Liberty head facing left wearing a coronet inscribed LIBERTY. Date (below), 13 stars (surrounding) around beaded border.

Reverse: Spread eagle holding 3 arrows in left claw and an olive branch in right. UNITED STATES OF AMERICA and the denomination TEN D. around the beaded border with the motto IN GOD WE TRUST (beginning in 1866) on scroll above eagle.

Edge: Reeded