1914 $10 Indian Gold Eagle PCGS MS62

It was a decision that was to see millions of gold coins destroyed in an attempt by President Franklin D. Roosevelt to reinvigorate the U.S economy following the Great Crash of 1929. The country was in the throes of the Great Depression, the worst economic downturn in the history of the industrialized world, and Roosevelt wanted to galvanize recovery efforts. The date was April 5, 1933, and he had just signed Executive Order 6102, which made the “Hoarding of gold coin, gold bullion, and gold certificates” an offensive which could be punishable by both a hefty fine and a lengthy prison sentence. It was a decision which was to see millions of pre-1933 gold coins returned to the Treasury, where they would be melted. It was this act that makes examples of the $10 Indian Gold Eagle so sought after today.It was another President Roosevelt, Theodore, who brought this distinctive coin into being, for he sought to produce coins for the American public that were beautiful and of high artistic…