1. Condition: The overall condition of the coin plays a significant role in determining its value. Coins in higher grades, such as those graded MS (Mint State) or AU (About Uncirculated), are more valuable compared to heavily circulated or worn pieces.
2. Rarity: The 1881 $10 gold eagle is not considered a rare date among regular issue gold coins. However, there were two varieties produced in 1881: the "No Motto" and the "With Motto" type. The "No Motto" variety has the words "IN GOD WE TRUST" omitted from the reverse design, making it slightly rarer than the "With Motto" type.
3. Market Demand: Like any collectible, the value of an 1881 $10 gold piece is influenced by market demand and supply. Gold coins, in general, tend to be in high demand due to their intrinsic value as a precious metal. However, fluctuations in the gold market can impact the price of gold coins.
Based on these factors, the current value of an 1881 US $10 gold eagle in good condition (VF or XF grade) can range from approximately $250 to $350. Well-preserved coins in uncirculated condition (MS or AU grade) can command significantly higher prices, ranging from $500 to over $1,000.
It's important to note that coin values are subject to change over time, and obtaining an accurate appraisal from a reputable coin dealer or numismatic expert is advisable before making any buying or selling decisions.