Description
1907 PERIODS Indian WIRE RIM $10 PCGS MS65
PCGS # 8850
Grading Service PCGS
Grade MS65
Mint Location Philadelphia
Year 1907
Designation NONE
Strike Business
Grade Add On NONE
1907 PERIODS Indian WIRE RIM $10 PCGS MS65
1907 PERIODS
SKU: 59899005
A celebrated inaugural-year rarity, this 1907 Indian Head Eagle, Wire Rim, certified PCGS MS65, represents one of the most coveted issues in the entire Saint-Gaudens-era gold series. Long collected as an integral part of the Indian Head ten-dollar set, the Wire Rim issue occupies a distinctive place at the very beginning of the Pratt design type and enjoys enduring demand from advanced gold specialists. Its reported mintage of just 500 pieces places it firmly among the low-mintage prizes of the series, and PCGS currently reports only 68 examples in MS65 with 42 finer.
The design is Bela Lyon Pratt’s innovative incuse Indian Head motif, among the boldest departures in the history of United States coinage. The obverse presents a left-facing Native American portrait wearing a feathered war bonnet, encircled by stars with the date 1907 below. The reverse shows a standing eagle perched on an olive branch, with UNITED STATES OF AMERICA around the border, E PLURIBUS UNUM at center, and TEN DOLLARS below. On this early Wire Rim striking, the edge fabric and border treatment reflect the experimental character of the issue, a feature that has long distinguished it from the later Rolled Edge and regular production pieces.
The present Gem Mint State example displays the visual character specialists expect from the issue. The strike is strongest through the central devices, with the portrait and eagle showing appreciable definition, while the peripheral areas exhibit the softness often encountered on this emission. Surfaces retain attractive satiny mint luster, and the color is an appealing light yellow-gold with subtle greenish undertones, entirely in keeping with the classic appearance seen on many original survivors. The fields show the as-made texture and scattered die-related irregularities typical of the type, while overall preservation remains solidly within the Gem category. Eye appeal is notably pleasing for this challenging and historically important issue.
Although cataloged technically as Judd-1774 and therefore pattern-related in origin, the 1907 Wire Rim eagle has always been collected alongside the regular Indian Head ten-dollar series rather than as an isolated pattern rarity. Contemporary evidence, including a 1908 statement from dealer Henry Chapman, has long supported the accepted 500-piece figure, and specialists have observed that known examples appear to have been produced by the same method, making rigid distinctions between “Proof” and “business strike” pieces misleading for this issue. That unusual status only enhances its fascination: it is at once a transitional experimental product and a foundational key to one of America’s most admired gold series.
In market terms, the Wire Rim is one of the premier prizes of the Indian Head Eagle series and a clear key-date or key-type acquisition for collectors building an advanced set. Its low original production, historic importance, and strong collector recognition ensure consistent demand. Gem examples are especially desirable, as relatively few survivors combine this level of certification with the originality and eye appeal sought by discerning buyers. PCGS auction records and pricing data underscore the issue’s status as one of the highest-value entries in the series.
An important and visually appealing example of the famous 1907 Wire Rim Eagle, this PCGS MS65 piece offers the rare combination of first-year significance, low-mintage status, and Gem-level preservation that advanced collectors prize.