The 1907 Indian Head eagles have value as numismatic coins. Keep reading to learn more about these gold coins.
Specifications
Type: Indian Head Eagle
Year: 1907
Face Value: $10
Composition: 90% gold, 10% copper
Gold Weight: .48375 oz.
Total Weight: 16.718 grams
Current Gold Bullion Value: $1,272.97
The obverse side of the Indian Head eagle was redesigned in 1907. For this year there are three types of eagles- coins with the wire rim and periods, coins with the rounded rim and periods, and coins with no periods. The coins with the "wire rim" essentially contain no rim. The coins with the the periods contain periods around the words in the motto "E PLURIBUS UNUM" and around the words on the inscription "TEN DOLLARS".
The US minted the 1907 Indian Head eagle with the wire rim and periods, the 1907 Indian Head eagle with the rounded rim and periods, and the 1907 Indian Head eagle with no periods. There is no mint mark on any of these coins. Each coin was minted in Philadelphia.
| Series | Location | Quantity Minted |
|---|---|---|
| 1907, Wire Rim, Periods | Philadelphia | 500 |
| 1907, Rounded Rim, Periods | Philadelphia | 50 |
| 1907, No Periods | Philadelphia | 239,406 |
Value
This coin in circulated condition is worth at least its weight in gold. The gold melt value for this coin is $1,272.97. This melt value is calculated from the current gold spot price of $2,631.46 per ounce.
The 1907 Indian Head eagle with the wire rim and periods is worth around $20,000 in very fine condition. In extremely fine condition the value is around $22,500. In uncirculated condition the price is around $45,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $55,000.
The 1907 Indian Head eagle with the rounded rim and periods is worth around $60,000 in extremely fine condition. In uncirculated condition the price is around $100,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $165,000.
The 1907 Indian Head eagle with no periods is worth around $1,300 in very fine condition. In extremely fine condition the value is around $1,450. In uncirculated condition the price is around $1,650 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $2,500.
Grading System
Very fine- The bonnet feathers near the headband are worn. The high points on the hair show visible wear.
Extremely fine- There is slight wear shown on the headdress feathers and on the cheekbone. There is slight wear shown on the eagle's eye and left wing.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
Sources:
The Red Book
See also: