The Liberty $10 Gold Coin (1838-1907): A Golden Era in American Numismatics

Liberty $10 Gold Coin (1838-1907)

The Liberty $10 Gold Coin, for its date of issue, was a piece that had a face value that was extremely large as compared to the value of the other coins of that time and was not even circulated like the pennies, nickels and dimes of the same period. With that said, these coins were in good demand at the time when they were circulated and are still popular among collectors today. At present, this kind of coin is highly desired by collectors because it is not easily found anymore.

Such are the collectors, and they have no ordinary coins as they are very selective in their choice of the pieces. However, they desire that the coins that are being added to the collection are the best in one way or another. Regrettably, as most of these coins were produced from 1838 to 1907, all of them are over a century old, and therefore they can be in any condition possible; that is, they have suffered any amount of wear and tear possible.

What You Will Pay for a $10 Liberty Gold Coin

Though these coins bear the inscription of $10 on them, this is just the face value while the real value of these $10 Liberty coins is many times more than this nominal value. The implication is that since they’re produced with gold as the core medium, their value is anchored by the constantly fluctuating values of spot gold. Gold being one of the more costly metals to buy themselves, even the worst states of preserved liberties have a weight and value and cost that is just a bit beyond what one would expect.

All in all, you are likely to spend at least $500 on one of these coins. Not only are they infrequent, but the fact that they are made of gold makes them even more expensive by default. For versions of the coin that are rather hard to find, the rate that you will be expected to pay can accrue to several thousands of dollars and above. Of course, they are available only for those collectors who have a great deal of funds to spend but can still be found in the market`. As the condition of the coin improves, the price that you are going to be advised to pay as a collector will skyrocket because, as mentioned above, collectors do not fancy poor-quality coins.

Also Read: $677,777 Worth Of Rare Bicentennial Quarter: 6 More Valued Over $87,777

The Most Sought After $10 Liberty Gold Coins

Numerically, the 1866-S $10 Liberty is the rarest, but the best circulated $10 Liberty coins are the most popular. Again, it does not matter in which year the particular coin was minted; everyone would like to possess a perfectly preserved coin. Of course, it will be rather obvious that the higher the level of preservation of a coin, the more it will cost, so be weary of these coins.

Since there could be up to three different editions of the Liberty annually, you will find that although one is highly sought after among collectors, the next may not be. The 1882C Liberty, for instance, costs significantly more than the 1882 Liberty and this trend is observed in all the pieces. While this is usually easily ‘excused by the fact that there are always a few actual coins out there, there are other factors that play a part in this as well. Some editions are so rare that an accurate price point is impossible to determine solely because the coin is worth whatever its owner can get for it—and in the case of these coins, that sum is always high.

The Future Value of $10 Liberty Gold Coins

As you may try and guess this amount with some degree of certainty, trying to predict this amidst the fluctuations of the global economy, it is certain that the future price of the $10 Liberty is only going up. Since these coins are not being minted at present, there will always be less of them available, and with the availability of such coins comes a higher dealer’s price. This is why we recommend that you try and obtain these coins now for it is only going to get more costly to do so regardless of condition.

FAQs

Q. How much is a $10 Liberty Head gold coin worth?

A. DATE GOOD UNCIRCULATED
1838 Liberty Head $10 Gold Coin N/A $13,000
1839 Liberty Head $10 Gold Coin N/A $6,500
1840 Liberty Head $10 Gold Coin N/A $1,550
1841 Liberty Head $10 Gold Coin N/A $1,250

Q. How much gold is in a $10 gold coin?

A. The weight of circulating, standard gold, $10 eagles was formulated at 270 grains (17 g), half eager at 135 grains (8). In edible form, it is 5 grains (4.37 g). This led to the situation that the $10 eagle had none of the actual gold present in its composition, which contained only 0.5156 troy ounces or 16.04 g, of the purest gold known.

Q. How and where can I sell the Liberty coins?

A. Mail your coins to Liberty Coin Service, 400 Frandor Avenue, Lansing, MI 48912. It is our suggestion that if sending coins via mail, it should be done through U. S. Postal Service Registered Mail with insurance service.

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