1907 P Indian Head Gold $10 Eagle : Rounded Rim - With Periods

Type 1 - No Motto

Mintage: 50
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 Rolled 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 "Round Rim" - also known as the "Rolled Rim" type with extra Periods on the reverse of the coin. This variety is extremely rare and valuable - 31500 were originally produced for circulation - but they were melted down except for about 50 of them that are known to exist.

The "Wire Rim" design 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

There were two major sub-varieties of the Rounded Rim variety. One variety features periods around each of the words in the legend: *E* *PLURIBUS* *UNUM* and also: *TEN*DOLLARS* on the reverse of the coin. This is the extremely rare and valuable variety (as depicted above at the top of the page). The common "No Periods" variety was produced later on and has no periods before and after "TEN DOLLARS" (except between: TEN * DOLLARS). The difference between the "With Periods" vs "No Periods" is depicted below in the example comparison images (Source of example images is courtesy of Heritage Auction Galleries):

1907 With Periods vs No Periods Legend - $10 Indian Head Gold Half Eagle - Difference and Comparison
1907 With Periods vs No Periods Before and After Ten Dollars - $10 Indian Head Gold Half Eagle - Difference and Comparison
Coin valuation chart: Typical coin prices, values and worth per grade or condition - in USD
Good
(G-4)
Very Good
(VG-8)
Fine
(F-12)
Very Fine
(VF-20)
Extremely Fine
(EF-40)
About Uncirculated
(AU-50)
Uncirculated
(MS-60)
Uncirculated
(MS-63)
Proof
(PR-63)
---52,93959,80663,34994,714131,787-

MELT VALUE: $567.21


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