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176

AN IMPORTANT COLLECTION

OF US GOLD FROM A

PROMINENT MIDWESTERN FAMILY

Gorgeous 1911-D $5 Indian

1595

1911-D. PCGS graded MS-64+.

CAC Approved.

Well struck and frosty. Only 72,500 minted of

which merely 2,166 examples are estimated to have survived, and nearly 90 percent of those survi-

vors are in circulated grades. While the mintage of this date and mint was certainly low when com-

pared with other dates and mints, its what happened to the coins that varies. For unknown reasons

virtually all of the 1911-D half eagles entered circulation, and most stayed there for a time. Naturally

the majority of those struck were melted down in the gold coin call in of 1933, and subsequently

melted by the authorities. Thus for collectors, finding any example of this date and mint in Mint

State requires patience and wherewithal. Today, this historic offering has come out of the woodwork

so to speak, from a collection that was put together long ago by a most astute numismatist. Today

this coin—which has been off the market for two or more generations—is considered the third finest

of the date as certified by PCGS. NGC has two others that grade MS-65, but none finer at that grad-

ing service. In point of fact, of the PCGS coins reported, only the famous O’Neal coin and Simpson

coin are considered marginally finer.

While the Denver Mint produced three scarce gold coins in 1911, the Indian quarter eagle is the

most famous as it is the only real standout rarity of the Indian quarter eagle series, and the well

known key to that set. The Indian eagle is also scarce in its own right, while the Saint-Gaudens

double eagle is downright common for this year. The Indian half eagle would seem to be plentiful

enough given the number produced but this is only true in circulated grades. Even in low end Mint

State grades this is a tough date to find. The 1911-D half eagle is known for below average luster

and often is found with abraded surfaces, limiting the grade and of course, the eye appeal. Hence,

this gorgeous, high end coin on the cusp of the gem level comes highly recommended! Make sure

to view is stunning charms before the auction and bid accordingly if you expect to capture this prize.

Pop 1; 2 finer, 1 in 65, 1 in 65+ (PCGS # 8521)

Estimated Value...................................................................................................... $50,000-UP

Ex. US Gold from a prominent midwestern family collection.