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Description

1916 McKinley Gold Dollar, PR63 Cameo
Just Three Confirmed Proofs

1916 G$1 McKinley PR63 Cameo PCGS. CAC. Proof examples are extremely rare, with only three confirmed specimens. Walter Breen recorded a proof in the Smithsonian Institution, but Jeff Garrett and Ron Guth report that the Smithsonian coin "is not a true Proof by today's standards." No proof 1916 McKinley gold dollars appear in the NGC Census Report, and just three proofs appear in the PCGS Population Report. The three coins are certified PR63 Cameo, PR64, and PR64 Cameo. Although their Population Report suggests that five to eight proofs are known, we believe that only three such pieces exist, listed in the following roster.

Choice Proof. RARCOA (Auction '89, 7/1989), lot 363. Part of a three piece set that also included a business strike, and a nickel trial piece, Judd-1802. This is probably the piece that PCGS has graded PR64 Cameo, and it appears to be the same piece that is illustrated in the Garrett and Guth reference.

PR64 PCGS. Superior (10/1990), lot 2283; Superior (5/1994), lot 1745.

PR63 Cameo PCGS. Bowers and Merena (1/1996), lot 2320; Stack's (11/2008), lot 5076. The present specimen.

While prooflike and satiny Mint State pieces are sometimes confused with proofs, this coin and the other two known specimens are obvious proofs. A single glance at this piece is sufficient to make a determination. The bright yellow fields are deeply mirrored with fully lustrous devices, and the strike is sharper than on any known business strike. Splashes of orange toning on the obverse provide a distinctive appearance. The surfaces show minor lint marks but few other imperfections.
This is an amazing opportunity for the advanced commemorative collector. Jeff Garrett and Ron Guth sum up its importance, observing: "None have been offered at auction in recent years, and the appearance of an example would cause quite a sensation if offered for sale." The only change to their comment is the previous appearance of this piece in nearly three years ago. (PCGS# 7487)

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Auction Dates
August, 2011
11th-14th
Internet/Mail/Phone Bidders: 7
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Page Views: 1,071

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