1907 INDIAN HEAD
TEN DOLLARS OR "EAGLE" -
Rolled Edge, Period before and after
E PLURIBUS UNUM PCGS
No: 8851
Variety equivalents:
Judd 1903 (formerly Judd 1775)
Mintage:
Circulation strikes: unknown, estimated to have been between
20,000 and 34,100, most of which were melted. Estimated population
of 50 coins
Proofs: 0
Designer: Augustus
Saint-Gaudens
Diameter: 26.8
millimeters
Metal content:
Gold - 90%
Other - 10%
Weight: 258 grains
(16.7 grams)
Edge: 46 Raised
Stars
Mintmark: None (for
Philadelphia) left of the arrowheads on the reverse
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Notes:
The "Rolled Edge" was a second attempt at producing the new Indian
Head Eagle, the first version (the "Wire Edge") being a failure because of
its poor stacking qualities. Unfortunately, the "Rolled Edge" didn't
fare much better; besides, the Superintendent of the Philadelphia Mint,
John H. Landis, complained that the finish mimicked "coins that have been
sweated". Several mintage figures have been offered for the "Rolled
Edge", two of them official: Landis cites 31,550 and Mint Director Frank
Leach said 34,100. Irregardless of the correct amount, virtually all
were melted and the surviving population is estimated at approximately 50
coins.
The finest 1907 "Rolled
Edge" Indian Head Eagle certified by PCGS is are two MS-67's.
Significant examples:
NGC MS-67. Ex - Stack's "William Thomas Michaels",
January 21, 2004, Lot 3002, illustrated, no prior pedigree, sold for $160,000.00
Sources and/or
recommended reading:
"Walter Breen's Complete Encyclopedia of U.S. and Colonial
Coins" by Walter Breen
The PCGS Population Report,
January 2004" by The Professional Coin Grading Service
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