The 1932 Indian Head eagles have value as numismatic coins. Keep reading to learn more about these gold coins.

1932 Indian Head Eagle

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: $1,133.53

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 $1,133.53. This melt value is calculated from the current gold spot price of $2,343.21 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