Description
The Liberty Head $10 Gold Eagle was a circulating gold coin minted in the United States from 1838 until 1907, when it was redesigned into the Indian Head Eagle. Production continued until 1933. This coin contained 90% pure gold and weighed 16.71 grams.
The obverse features the Liberty (coronet head) facing left, surrounded by 13 stars, with the date printed below. The reverse showcases a Heraldic eagle with a Union shield, which holds three arrows and an olive branch, with a motto displayed above.
In the 1840s, the $10 Gold Liberty Eagle was the highest denomination of U.S. coins. However, in 1848, news of gold discovery at Sutter’s Mill in Coloma drove many Americans to rush to California in search of fortune. As a result, Congress decided to create new denominations of American gold coins. The Liberty Head Gold Coin was dubbed the ‘Double Eagle’ because it was worth twice the legal tender value of the $10 Gold Eagle. This coin is also known as the Liberty Coronet Double Eagle.
