As can be seen from the auction results, it is readily available in grades below Choice AU, and, although rare, can be obtained in uncirculated condition, unlike many earlier dates of the series.
There are two significant varieties for the 1847 Eagle, the 'rounded bun' and 'bulging bun'. Liberty's hair is bound by strings of beads. There are three folds, or buns. The middle bun is either rounded or bulging, hence the variety name.
Both bun varieties for the 1847 Eagle are found with and without a reverse centerpunch, located in the eagle's shield, just below the junction of horizontal and vertical stripes. The with-punch versions are likely more rare.
Two different date logotypes exist. The '7' is thick and crude in the "heavy 7" variety. The other logotype Breen labels 'thin numerals'. The 'thick 7' logotype was also used on the 1847-O Eagle, demonstrating that it is not a damaged die but a separate logotype.