Rarity Levels of $10 Indian Eagles

Generally speaking, $10 Indians are relatively inexpensive and affordable to the average buyer. Indeed, over a dozen dates can be sourced in respectable grades for less than $2,000. There are, however, a small group of scarcer issues and a handful of prohibitively rare dates. This article will provide an overview of which dates are easily bought—and which are major numismatic prizes.

Without a doubt, the two most common dates are the 1926 and 1932. They are both readily available in all grades—even up to MS 65. The 1926 is slightly less frequently seen in MS 66, but below that grade level, there is essentially no difference in availability (and zero difference in price) between it and the 1932.

There are a number of dates that command no premium in circulated or low Mint States grades—but sell for slightly more in MS 62 and above. These issues include the 1908 With Motto, 1909, 1910, 1910-D, 1911, 1912, 1913, 1914, 1914-D and 1915. All of these dates are statistically much scarcer than the 1926 and 1932, but the market does not assign them much of a premium below the MS 62 threshold. Even in MS 62 and MS 63, these dates are all available for less than $2,000.

The next echelon of dates consists of rarer issues that almost always sell for more than the “generic” price. Among the dates in this category are the 1907, 1908 No Motto, 1908-D No Motto, 1908-D, 1908-S, 1909-D 1909-S, 1910-S, 1911-D 1911-S, 1912-S, 1913-S and 1916-S. These issues can still be afforded by the average collector (all can be had for $5,000 or less in decent condition) but are definitely trickier to find in the marketplace.

The final group of $10 Indians are the ultra-rarities. These are coins that always sell for five or six figures regardless of condition. Dates that qualify for this category are the 1907 Wire Edge, 1907 Rolled Edge, 1920-S and 1933. The 1933 is the rarest date, with examples routinely fetching hundreds of thousands of dollars at auction. However, the all-time auction price record for a $10 Indian is held by a stunning 1920-S, which sold for an incredible $1.7 million.

It’s also worth noting that 1908-1915 $10 Indians were produced with matte, satin and roman proof finishes. Although they are not separate dates per se, these proofs still recognized as separate issues that are collected independently of the circulation strikes. All extremely rare and desirable items; they most frequently trade in the $25k-$100k range.

  • Posted on January 4, 2016
  • By TPM
  • Library

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