1. Gold Content: The coin is made of 0.900 fine gold, meaning it contains 90% pure gold and 10% other metals, usually copper. The gold content alone contributes significantly to its value.
2. Condition: The condition of the coin plays a crucial role in determining its value. Coins that are well-preserved, with minimal signs of wear and tear, command higher prices. The condition is typically graded using the Sheldon scale, which ranges from 1 (poor) to 70 (perfect).
3. Rarity: The mintage of the 1910 Indian Head eagle was 286,565 pieces, making it relatively common compared to other gold coins. However, certain varieties, such as those with specific mint marks or errors, can be rarer and therefore more valuable.
4. Numismatic Value: Beyond the gold content and condition, numismatic value also influences the price. Numismatic value refers to the coin's historical significance, rarity, and desirability among collectors. The 1910 Indian Head eagle is a classic gold coin that holds historical and numismatic value.
As of 2023, the value of a 1910 US $10 gold piece in circulated condition can range from approximately $250 to $350. For coins in uncirculated condition, the value can be significantly higher, ranging from $400 to over $1,000 or even more for exceptional examples.
It's important to note that the values mentioned here are approximate and can fluctuate based on market conditions, demand, and other factors. To determine the exact value of a specific 1910 US $10 gold piece, it's recommended to consult with reputable coin dealers, numismatists, or use reliable coin price guides and online resources.