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$10 Liberty Gold Coin
- Unusual number of rare dates
- Design by Christian Gobrecht
- .48375 oz. pure gold
- Mintage: 1838-1907
Its size – somewhat larger than today’s quarter – was convenient to handle and store and its denomination was imminently practical for trade in the East. Without pressure from the inflation-ridden gold mining towns in the far west, the Eagle may well have remained the largest denomination gold coin in circulation.
When paper money was printed to fund the Civil War effort, Americans hoarded vast numbers of Liberty Gold Eagles, rightfully assuming that the fiat money would rapidly lose value without the backing of gold. Many of the coins remained out of circulation after the war, so older Liberty Gold Eagles in unusually good condition are readily available today.
Christian Gobrecht, who was highly praised by Augustus Saint-Gaudens for his soaring eagle design on the 1836 Gold Dollar, designed the Liberty Gold Eagle. For the reverse, Gobrecht created another imposing image of an eagle, a frontal view with the tips of its widespread wings reaching to the edge of the coin and its head turned to the left. The denomination, written as ‘TEN D.,’ is on the bottom. In 1866 a scroll bearing the inscription “IN GOD WE TRUST” was added above the eagle’s head.
The obverse of the Liberty Gold Eagle portrays the familiar “Matron Head” Liberty that was introduced on the 1816 Large Cent. The bust of Liberty faces left, wearing a coronet inscribed with the word ‘LIBERTY.’ Surrounding her are 13 stars and below her is the date.
The Liberty Gold Eagle was first struck in 1838, ending 34 years with no mintage of $10 gold coins. In adherence to the Coinage Act of 1834, the gold content of the Eagle was reduced from one half ounce to 0.48375 ounce, matching the coin’s face value to its gold value at the fixed rate of $20.67 per ounce.
My first order of business was to find a dealer that I could trust. After considerable research, Certified Gold Exchange was at the top of my list. When I contacted CGE, I was introduced to Pat Collins. From our first discussion, Pat clearly understood the situation and developed a plan.
Long story short, Pat earned my trust with his friendly demeanor, patience, and metals experience. I'll be calling CGE and Pat for my next transaction. Many thanks Pat!
From the beginning of contacting Patrick Collins the process was efficient and professional. Pat provided regular communication and helped me at every step. The length of time from start to finish was much quicker than I was expecting thanks to CGE.
I want to thank Pat and his team at Certified Gold Exchange for a smooth and efficient transaction.
being new to selling metals, Patrick walked me step by step in the process through distributions with my IRA. Whenever I contacted him with questions or concerns, he replied within an hour or minutes to resolve my percieved issues. What a comfort Patrick has been in this (at times) somewhat stressful process.
Thank you Patrick!
It was my first time selling precious metals and they made the process as seamless as possible, despite multiple hiccups caused by my chosen custodian failing miserably. I will choose this team for every precious metals purchase or sale in my future.
I decided to invest $60k and in just three months it's over $120k! Not only that, the team at Certified Gold Exchange has excellent customer service.
I highly recommend them.
When I spoke with coin dealer David White, he was able to give me a quote in 3.5 hours. He also explained the importance of shipping my coins via registered mail with the Post Office. David said that the Post Office requires a registered box to be sealed with brown paper tape to prevent tampering. David emailed me links to sites that showed the right tape to use and how to seal the box. He called several UPS stores in my neighborhood to try to find the tape for me. In the end, I bought the tape from the Post Office. David explained that while Fedex and UPS would ship the coins, since they are not allowed to ship gold or silver, I would have no recourse if my coins were lost. David even gave me his home number so I could reach him after hours if necessary.
My experience with Certified Gold Exchange, Inc. stands in stark contrast with how two other coin brokers responded. The firm from which I had bought most of my silver coins never called me back. On November 13 when I called the broker from whom I had bought most of my gold coins, I couldn't get through on the phone. So, I emailed them and it took 5 days for them to respond! The broker didn't give me a quote until December 2 -- and then only for some of the coins! He said he would tell me what they would pay for the other coins after I shipped them!
In addition, that broker explained that one of their customers had lost all their coins valued at $22,000 because the box was tampered with and they had failed to insure them for the full amount. However, I knew by then that if the firm had told the customer to ship the coins via registered mail as Certified Gold Exchange, Inc. does, the box could not have been tampered with.
So, Certified Gold Exchange, Inc. is the only gold and silver dealer I recommend. The level of service is truly remarkable.
Your interest in helping me on such short notice shows how much you care for your clients. I hope 🤞 to have you as one of my financial team in the future.
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