The 1907 Rolled Edge variety were the first Indian Eagles struck that were initially intended for circulation. Mint Engraver Charles Barber recognized a need to create a more traditional rim so the coins would stack properly after being ejected and his concept gained swift approval.

Approximately 31,500 were originally struck but nearly all were destroyed after Mint Superintendent John H. Landis felt the issues were inferior to another model presented by Augustus Saint-Gaudens.

Rarity and Significance in Gem Uncirculated Grades

The coin is an important addition to any highly acclaimed collection of Indian Head Eagles. Few of these coins exist today and its rarity may be especially understated with a seemingly high number of coins having been resubmitted to NGC and PCGS. Using what numbers we have, however, the issue ranks right in the middle of the entire series in terms of its rarity in Gem Uncirculated and finer grades.

Six examples can be found in MS67 by NGC and PCGS combined according to March 2010 population reports. The surfaces are seen with a few swirling die polish marks but these are found to a much lesser extent than with the earlier Wire Rim version.