American gold eagles were minted intermittently from 1795 to 1933. Not to be confused with the modern day bullion gold eagles of various sizes and weights, business strike gold eagle coins of yesteryear were of basically one size and carried a face value of ten dollars.
After reviewing price trend histories, we've started here a short list of reliable gold eagle coins that have maintained value appreciation over a long period of time, and will likely continue to do so in the years ahead. Add these to your numismatic holdings with a bullish attitude. More promising gold eagle coins will be added as soon as we can.
Indian Head American gold eagles were produced from 1907 to 1933. Viewed as a great artistic success, surprisingly very few gold eagles of this series have demonstrated positive returns over a long period of time, and those that do barely made the cut.
The very first Indian Head gold eagle minted was the 1907 "wire edge" variety. Normally, US coins featured a raised rim around the circumference of the coin, but these issues simply had rounded edges. Unfortunately, "wire edge" coins did not stack neatly, so the variety was discontinued, but not before 500 pieces were struck.
Thanks to a burst of value appreciation in the last couple of years, the 1907 "wire edge" eagle now trends positive over both the long and short terms. If you like this series and are looking for future potential, then this date and variety is the best bet. Prepare to spend a bundle of dough to get started. Focus on specimens grading XF-40 to MS-63.
The Year This Coin Was Minted...
At the dawn of the 20th century, immigrants from Japan were reaching the American west coast in ever-larger numbers. Gradually, fear of economic competition and cultural clashes led to a climate of "Yellow Peril", followed by ugly anti-American demonstrations in Japan.
To ease tensions between both nations, President Theodore Roosevelt in 1907 convinced California officials to rescind segregation laws targeting Japanese and other persons of Oriental heritage. In return, Japan agreed to severely restrict emigration to the US. The "Gentlemen's Agreement", as the deal came to be known, diffused the volatile situation, but did little to improve the long-term relationship between the US and Japan.
Other events from 1907: Oklahoma admitted to the Union as the 46th state, and the second Sunday in May celebrated in Philadelphia as Mother's Day.
In 1907, President Roosevelt turned over construction of the Panama Canal to the US Army. The Culebra Cut, shown above, sliced through Panama's mountain range, one of many difficult obstacles overcame during the building of the canal. Malaria and yellow fever claimed the lives of thousands of laborers before Army doctors developed successful vaccines against the lethal diseases. When the canal was opened for shipping in 1914, it was recognized as one of the greatest man-made achievements in the history of the world.
