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Overview
The $10 Liberty gold coin, or Coronet, was minted first in 1838 after a 34-year hiatus of other $10 gold coins. Christian Gobrecht’s Coronet design also was used for the $2.50 and $5 Liberty gold coins.
Design
The obverse (front) shows Lady Liberty with her hair in a tight bun, a few loose curls on her neck. On her head, her coronet is inscribed “Liberty.” Surrounding her are 13 stars for the original 13 colonies and the issue date. The 1838 and early 1839 $10 Liberty gold coins have a slightly different design than those minted afterword. The most prominent difference is the shape of the neck truncation.The reverse shows a proud bald eagle with wings spread, standing among olive branches. The eagle clinches three arrows in his talons and has a shield with stars and stripes. “UNITED STATES OF AMERICA,” the denomination, and the mint mark surround the eagle. $10 Liberty gold coins minted from 1838 and 1866 do not feature “IN GOD WE TRUST.” In 1866, the reverse was modified by adding the motto on a ribbon above the eagle.
Minting
The Philadelphia Mint produced these coins from 1838 to 1907, and the San Francisco Mint produced them most of that time as well. The Carson City Mint began production in 1870, and New Orleans minted them from 1879-1883, and again a few years later. The Denver Mint produced them from 1906 until the $10 Liberty was replaced by the $10 Indian Head gold coin.
Valuation
This is a premium coin, meaning the coin’s price includes a premium above the melt value of the precious metal it contains, which includes Augusta’s margin. This premium is solely determined and controlled by Augusta, based on factors Augusta deems valuable in determining and controlling such premium. Other retailers may not recognize the premium value that Augusta recognizes for this premium coin and may only be willing to pay as little as the melt value for this coin (the value of the precious metal that the coin contains). If you sell this coin to a retailer that does not recognize the premium value assessed by Augusta at the time of sale, then such sale may result in significant losses. Augusta cannot guarantee that it will buyback any item it sells and cannot guarantee another retailer will purchase this premium coin.
Investment in precious metals involves risk and is not suitable for all investors. Augusta Precious Metals recommends that you consult your own financial or investment advisors prior to investing in precious metals. Augusta is not qualified and does not offer financial, investment, legal, or tax advice. This site and the information provided by Augusta throughout its sales process is general in nature and is not tailored to any specific person, their circumstances, or their financial goals.
Opinions offered by Augusta Precious Metals are its own. Additionally, while Augusta attempts to provide factually accurate information, information presented by Augusta may turn out to be inaccurate or incomplete. You should conduct your own independent verification of any facts or opinions presented prior to making any investment.
All decisions regarding the purchase or sale of precious metals are your own, and should only be made after considering your investment objectives, risk tolerance, and level of experience. Augusta Precious Metals cannot guarantee, assure, or promise future market movement, prices, or profits. Past performance does not guarantee future results. Any investment in precious metals is speculative and could result in significant financial losses.
* Past customers received silver coins as a thank-you for reviews. Mark Levin and Joe Montana are paid ambassadors for Augusta.
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