Good evening, ladies and gentlemen. Tonight, we bring you a story of a rare and valuable piece of American history. It’s a coin that was minted during the Great Depression, a time when the nation was struggling to get back on its feet. This coin, the 1932 $10 Indian Gold Eagle, is not only a testament to the nation’s resilience but also a stunning work of art in its own right.
At the end of this article, you’ll find a list of coins available on eBay that we found for you. These coins are available at or below PCGS Price Guide. While we do not buy nor sell coins, and we do not have any relationship with the sellers listed, if we were in the market for a 1932 $10 Indian Eagle these are some of the coins we would look at seriously.
The 1932 $10 Indian Gold Eagle
The 1932 $10 Indian Gold Eagle is simultaneously a symbol of America’s past, present, and future. It is a coin that was designed by one of the country’s most famous sculptors, Augustus Saint-Gaudens. Saint-Gaudens was known for his ability to capture the beauty of the human form in his sculptures, and his work on the 1932 $10 Indian Gold Eagle is no exception.
The coin features a portrait of Lady Liberty, who is depicted wearing an Native American headdress. The headdress is a symbol of America’s native heritage, and it’s a reminder of the country’s diversity and strength. The reverse side of the coin features an eagle in flight, a classic symbol of American freedom and power.
The year 1932 was a pivotal year in American history. The 1932 $10 Indian Gold Eagle was minted against this backdrop: It was the height of the Great Depression, and the nation was struggling to recover from the economic crisis that had gripped it since the stock market crash of 1929. Unemployment was at an all-time high, and millions of Americans were living in poverty.
At the same time, the country was facing other challenges. The rise of fascism in Europe and Asia was causing concern among policymakers, and there was a growing sense of isolationism in the United States. The country was also grappling with issues of race and civil rights, with the brutal treatment of African Americans in the South and the struggle for women’s suffrage dominating the headlines.
Meanwhile, the Dust Bowl began in the early 1930s. The Dust Bowl was a period of severe dust storms and soil erosion, wreaking havoc on the entire farming industry in the Great Plains region of the United States, including parts of Texas, Oklahoma, Colorado, Kansas, and New Mexico. During all this, the 1932 $10 Indian Gold Eagle serves as a reminder of the country’s resilience and strength in the face of adversity.
In 1932, the United States was still on the gold standard, which meant that the value of the US dollar was tied to the value of gold. The gold standard had been in place since the late 19th century, and while it had its advantages, some economists felt it also had significant drawbacks. One of the main criticisms of the gold standard was that it limited the ability of the government to respond to economic crises.
Because the gold standard tied the value of the dollar to the value of gold, the government could not simply print more money. If the United States were to move away from the gold standard, it could more easily respond to problems, and stimulate the economy or fund social programs. Instead, the government had to rely on other measures, like lowering interest rates or increasing government spending.
In 1932, the global economy was still reeling from the effects of the Great Depression, and there was a great deal of uncertainty around the value of gold and other commodities. While gold was generally seen as stable, there were concerns about deflation and the overall stability of the financial system. Many countries began to move away from the gold standard during this period, as they sought to stimulate their economies and increase the money supply. However, the United States did not officially abandon the gold standard until 1933, when Democratic President Franklin D. Roosevelt signed the Gold Reserve Act into law.
During all this, the Teddy Roosevelt appointed Saint-Gaudens and the U.S. Mint created perhaps the most beautiful coin in United States history. Collectors consider the 1932 $10 Indian Gold Eagle to be one of the rarest coins in American history in high grades. Just over 1 million were minted, making it highly sought after by collectors and investors alike. The combination of relatively high survival rates leading to plentiful supply in low grade, and the scarcity of coins in high grades, make it a wonderful type piece for the Gold Indian Eagle type.
But it’s not just the coin’s rarity that makes it valuable. The $10 Gold Indian is made from 90% gold, which means it has a high intrinsic value. The gold in the coin and its unique design also give it a beautiful golden hue that catches the light and makes it sparkle. This combination of rarity and beauty has made the 1932 $10 Indian Gold Eagle a highly sought after item for collectors and investors alike.
The 1932 $10 Indian holds a special place in the hearts of many collectors. It’s a coin that represents a time of great change and struggle in American history, and it’s a reminder of the resilience and strength of the American people. As a result, the ’32 $10 Indian has been known to fetch high prices at auction, with some specimens selling for hundreds of thousands of dollars.
But the value of the 1932 $10 Indian goes beyond its monetary worth. It’s a piece of history that tells a story of a nation that was struggling to get back on its feet. It’s a coin that reminds us of the challenges that we’ve faced in the past and the challenges that we continue to face today. And it’s a coin that symbolizes the hope and resilience that has always been at the heart of the American spirit.
The 1932 $10 Indian Gold Eagle is a coin that represents the strength, diversity, and resilience of the American people. And 1932 $10 Indian is a coin that continues to captivate the hearts and minds of collectors and investors around the world.
3/2/23
PCGS certified examples on eBay. All the coins we list here for you are listed at or below their respective PCGS Price Guide value for the grade.
1932 $10 Indian Gold Eagle
PCGS MS 65 $4,550 – PCGS Price Guide for MS 65 $4,500
PCGS MS 64 CAC $3,000 – PCGS Price Guide for MS 64+ $3,000
PCGS MS 64 $2,550 – PCGS Price Guide for MS 64 $2,500
PCGS MS 63+ $2,200 – PCGS Price Guide for MS 63+ $2,250
PCGS MS 63 $2,000 – PCGS Price Guide for MS 63 $2,000
PCGS MS 62 $1,652 – PCGS Price Guide for MS 62 $1,750
PCGS MS 61 $1,575 – PCGS Price Guide for MS 61 $1,650
There are some fabulous buys if you believe PCGS’ price guide.
When searching coins on eBay, you’ll find coins priced all over the place. In general terms, unless a coin is a particularly rare and collectible variety, or if a coin has exceptional eye appeal (extremely attractive toning), it’s best to pay as close to or below price guide if you have any kind of investing in mind. That said, the number one rule of collecting is, if you love it no matter what, buy it.
One more time: We don’t buy or sell coins. We have no affiliation with the sellers above, so we can’t tell you if they’re any good or not. The fact that they’re actually pricing the coins about right tells us they’re on the right track.
If you’re curious which Lincoln cents are valuable, check out our page: Which Lincoln Cents Are Worth Money?
If you’re curious which Morgan dollars are valuable, check out our page: Which Morgan Dollars Are Worth Money?
