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Rolled Edge, Period before and after

PCGS No: 8851

Variety equivalents:
Judd 1903 (formerly Judd 1775)


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

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