The 1932 Indian Head eagles have value as numismatic coins. Keep reading to learn more about these gold coins.
Specifications
Type: Indian Head Eagle
Year: 1932
Face Value: $10
Composition: 90% gold, 10% copper
Gold Weight: .48375 oz.
Total Weight: 16.718 grams
Current Gold Bullion Value: $1,296.33
The US minted the 1932 Indian Head eagle with no mint mark. No other series were minted for this year.
| Series | Location | Quantity Minted |
|---|---|---|
| 1932 | Philadelphia | 4,463,000 |
Value
This coin in circulated condition is worth at least its weight in gold. The gold melt value for this coin is $1,296.33. This melt value is calculated from the current gold spot price of $2,679.74 per ounce.
The 1932 Indian Head eagle is worth around $1,250 in very fine condition. In extremely fine condition the value is around $1,350. In uncirculated condition the price is around $1,450 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,750.
Grading System
Very fine- The bonnet feathers near the headband are worn. The high points on the hair show visible wear.
Extremely fine- There is slight wear shown on the headdress feathers and on the cheekbone. There is slight wear shown on the eagle's eye and left wing.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
Sources:
The Red Book