24Kt Gold *1933* Gold Indian Eagle Bar (24Kt Gold Clad)
24Kt Gold 1933 $10 Gold Indian Eagle Bar (24Kt Gold Clad)
In 1933, President Franklin Roosevelt issued an executive order requiring American citizens to turn over to the government “…all such coin, bullion or other possessions of gold and silver…within fourteen days…for compensation at the official price, in the legal tender of the Government.” Certain coins with numismatic premiums were excepted, but all current coinage, including 1933 eagles, would have been included. The original mintage of the 1933 $10 gold pieces was high, but very few were released before the government halted their distribution. Ultimately, all but a few examples in collectors’ hands were melted down. Thus, due to historic circumstances, Roosevelt created one of the great American coin rarities of the 20th centuries with the stroke of a pen.