1907 P Indian Head Gold $10 Eagle : Wire Rim

Type 1 - No Motto

Mintage: 500
Minted at: Philadelphia

Designer - Engraver: Augustus Saint Gaudens
Metal Composition: 90% Gold - 10% Copper

Diameter: 27 mm
Mass / Weight: 16.72 grams

What this coin looks like (obverse, reverse, mint mark location, special features, etc.):
1907 Wire Rim With Periods - Indian Head $10 Gold Eagle - Ten Dollars
There were multiple varieties of the 1907 $10 Gold Indian Head Eagle - some extremely rare and valuable. One major variety is the "Wire Rim" type (depicted above). This was actually the original design created by Augustus Saint Gaudens - which did not include a rim on the coin. The coin making process created a "fin" of excess gold that could easily be broken off and devalue the coin - making it troublesome for trade. The lack of rim also caused the date and design to be worn down prematurely. Eventually Chief Engraver Charles Barber included a rim to the die in order to solve the problem. About 500 of these coins were produced and distributed to government officials. Barber's Rounded Rim (or Rolled Rim) design is easily distinguishable with the addition of the rim on the coin. The difference between the Wire Rim vs Rolled Rim is depicted below in the example comparison image (Source of example images is courtesy of Heritage Auction Galleries):

1907 Wire Rim vs Rounded Rim - $10 Indian Head Gold Half Eagle - Difference and Comparison
Coin valuation chart: Typical coin prices, values and worth per grade or condition - in USD
Very Good
Very Fine
Extremely Fine
About Uncirculated

MELT VALUE: $612.11

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