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Auction 1121 | Lot 3518 » Eagles » Indian Eagles
1912-S $10 MS66 PCGS.
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Jan 11, 2009

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Sold For: $115,000.00
Auction 392 | Lot 6512 » Eagles » Indian Eagles
1912-S $10 MS66 PCGS. The 1912-S, with a mintage of 300,000 pieces, is a scarce date in any condition, and is very scarce in Uncirculated grades. It becomes downright rare in MS65, where just 10 examples have been certified by PCGS and NGC combined (9/05). In MS66, the two grading services have seen a mere 3 coins, and none finer!

Not only is the '12-S an important condition rarity, it emerges as one of the absolute rarest issues of the series when overall appearance and eye appeal are factored into the rarity equation. Gold specialist David Akers goes as far as to say that "high grade and attractive" and "1912-S eagle" are almost mutually exclusive terms. Specifically, he indicates that the '12-S is one of the most poorly struck issues of the series, far weaker than the usual 1911-S or 1913-S. The hair around the face is almost always indistinct, and the feather detail on the eagle's shoulder is usually weak. Akers also notes that the luster is generally well below average for the series.

The 1912-S example that we offer in this lot is without a doubt superior to that typically found. It exudes considerable "flash," with bright surfaces that radiate vibrant luster. The color scheme consists of a mixture of peach-gold and faint grayish-green patina, and occasional orange-gold accents. The design elements are better struck than average, though some of the typical weakness in the hair around the Indian's ear is noted. The feathers in the headdress and on the eagle, on the other hand, display nice definition. Some unobtrusive and minute marks near the Indian's ear and on the eagle's head and neck serve as pedigree indicators. Population: 1 in 66, 0 finer (9/05).
From The Phillip H. Morse Collection of Saint-Gaudens Coinage.
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Nov 3, 2005

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Sold For: $115,000.00
Auction 422 | Lot 3177 » Eagles » Indian Eagles
1912-S $10 MS65 PCGS. Like most of the S-mints from this decade, the 1912-S is an issue that is rarely seen in grades above MS64, and even then not that often. In Gem condition a mere 11 coins have been certified with three finer (11/06). The reason is not one of mintage, as 300,000 pieces were struck. Rather, most 1912-S eagles are weakly struck and luster is below average, two attributes that prevent even the cleanest examples from high grades. This coin has a strong strike on each side and the mint luster is comparable to other S-mints in the series. Both sides are covered with rich, deep reddish-gold color and the only (slightly) noticeable mark is located in the left obverse field out from the nose. Only 11 Gems have been certified by PCGS and NGC combined with a mere three pieces finer (11/06). An underrated and often misunderstood issue which typically lacks the eye appeal and attractiveness of other issues in the series.
From The Kutasi Collection.
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Jan 6, 2007

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Sold For: $37,375.00
Auction 392 | Lot 6513 » Eagles » Indian Eagles
1912-S $10 MS65 PCGS. As we pointed out in the above lot on the MS66 '12-S ten dollar, coins that grade full Gem and better are quite rare. In MS65, PCGS and NGC have seen a total of 10 coins, with only three grading higher (9/05). Some of these specimens are undoubtedly resubmissions.

As we also indicated previously, the 1912-S is one of the most unattractive issues of the series, and one of the most poorly struck. Fortunately, the coin offered in this lot, like its MS66 predecessor, generates considerable overall eye appeal. While not as bright as the aforementioned Premium Gem, it still exudes nice luster, and possesses very attractive orange-gold color imbued with traces of lime-green and tan. The motifs are also well executed, including relatively clear definition in the hair around the Indian's hair and on the eagle's shoulder feathers, areas that are typically weak. A few small marks on the Indian's cheek and lower neck and in the lower left (facing) obverse field are mentioned for accuracy. Population: 7 in 65, 1 finer (9/05).
From The Phillip H. Morse Collection of Saint-Gaudens Coinage.
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Nov 3, 2005

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Sold For: $34,500.00
Auction 139 | Lot 7933 » Eagles » Indian Eagles
1912-S MS 65 PCGS. One of an elite group of only 3 MS 65 examples graded by PCGS thus far (6/95), with none appearing in higher grades. Both sides of this gem display a rich, orange-gold color and deep, satiny, cartwheel luster. The surfaces have an orange-peel appearance similar to that seen on matte proofs of this type and which is very attractive. Well struck for the issue, with full hair detail on the obverse, full LIBERTY, and clear claw and fasces details on the reverse. This shimmering gem will be one of the highlights of any top grade Indian eagle set. It is instructive to peruse The PCGS Population Report (6/95). Several dates that are just as rare as, or rarer than, the 1912-S in MS 65 are represented by specimens in the MS 66 or MS 67 levels. Examples include 1909-D, 1915-S, and 1920-S. The only other dates, like the 1912-S, that are unobtainable in MS 66 and better conditions are 1910-S, 1911-D, 1913-S, 1914-S, 1915, 1930-S, and 1933. Pretty important company, if you ask us. Such an analysis of the population data gives tremendous credibility to anecdotal data acquired through years of experience, but which could never be quantified. Today, we now realize what a true rarity the 1912-S eagle is in MS 65 condition.
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Aug 22, 1995

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Sold For: $34,100.00
Auction 1384 | Lot 3197 » Eagles » Indian Eagles
1912-S $10 MS65 CACG.
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Jul 20, 2025

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Sold For: $33,600.00
Auction 1385 | Lot 3457 » Eagles » Indian Eagles
1912-S $10 MS65 PCGS.

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Aug 31, 2025

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Sold For: $32,400.00
Auction 428 | Lot 3088 » Eagles » Indian Eagles
1912-S $10 MS65 NGC. Since we offered the legendary Phillip H. Morse Collection of Saint-Gaudens Coinage late last year, th...
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Oct 25, 2006

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Sold For: $32,200.00
Auction 1154 | Lot 5451 » Eagles » Indian Eagles
1912-S $10 MS65 NGC.
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May 1, 2011

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Sold For: $32,200.00
Auction 1212 | Lot 3836 » Eagles » Indian Eagles
1912-S $10 MS65 NGC.
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Dec 7, 2014

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Sold For: $29,375.00
Auction 1233 | Lot 5087 » Eagles » Indian Eagles
1912-S $10 MS65 PCGS.
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Mar 4, 2016

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Auction 430 | Lot 4838 » Eagles » Indian Eagles
1912-S $10 MS65 NGC. In Gem Mint State grades, the 1912-S eagle is extremely rare. Just 300,000 of these pieces were coined in San Francisco during the year, and most that have survived have done so in lower Mint State grades or even in circulated grades, usually with little to offer in the way of eye appeal. This piece is a lovely example with fully brilliant yellow-gold surfaces. It is sharply struck and retains excellent eye appeal with impressive surfaces as expected for the grade. This is a coin that will please the numismatic perfectionist. Census: 5 in 65, 2 finer (1/07).
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Feb 17, 2007

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Sold For: $28,750.00
Auction 1125 | Lot 1792 » Eagles » Indian Eagles
1912-S $10 MS65 NGC.
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Grade MS65

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May 31, 2009

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Sold For: $28,750.00
Auction 1203 | Lot 4235 » Eagles » Indian Eagles
1912-S $10 MS65 NGC.
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Feb 27, 2014

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Sold For: $28,200.00
Auction 1271 | Lot 5076 » Eagles » Indian Eagles
1912-S $10 MS65 PCGS.
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Jan 8, 2018

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Sold For: $26,400.00
Auction 1364 | Lot 3241 » Eagles » Indian Eagles
1912-S $10 MS65 NGC.
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Aug 20, 2023

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Sold For: $26,400.00

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Auction 1161 | Lot 4414 » Eagles » Indian Eagles
1912-S $10 MS64+ PCGS. CAC.
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Grade MS64+

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Nov 10, 2011

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Sold For: $20,188.25
Auction 420 | Lot 2468 » Eagles » Indian Eagles
1912-S $10 MS64 PCGS. This beautiful apricot-gold near-Gem has booming luster and only a single identifying mark, which is thin and inconspicuously located across the left edge of the neck curls. The mintmark is sharp, as is the overall strike. Encapsulated in an old green label holder. Population: 42 in 64, 8 finer (10/06).
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Nov 30, 2006

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Sold For: $18,400.00
Auction 1161 | Lot 4415 » Eagles » Indian Eagles
1912-S $10 MS64+ PCGS. CAC.
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Nov 10, 2011

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Auction 244 | Lot 8328 » Eagles » Indian Eagles
1912-S $10 MS 65 NGC. The typical 1912-S eagle is among the least attractive coins in the entire Indian Head ten dollar series. While the 1911-S and 1913-S issues display bold impressions throughout, poor definition on the hair around Liberty's face and the eagle's shoulder plague many extant pieces of this delivery. In addition, numerous abrasions and poor luster combine to make finding a strictly graded Gem 1912-S eagle in today's numismatic marketplace anywhere from difficult to impossible. Even a small hoard that emerged in the 1980s failed to produce a single specimen that graded finer than MS 63. Yet, by and large, coin collectors are perfectionists. Rather than settle for an average example of this issue for their advanced collections, serious students of the series would rather wait years or even decades for the right coin to appear on the market. For those numismatists who can relate to this, we direct your attention to the current specimen. Boldly impressed for the issue as well as the series, every last hair curl and feather display rich delineation. The effulgent orange-gold faces exhibit thick mint frost that cartwheels gracefully around both sides. The Gem quality surfaces are largely free of contact marks, although, as befits a gold coin of this size, Liberty's cheek and the reverse field display a few wispy bagmarks. A small grease spot (as struck) in the lower left obverse field is worthy of individual mention, but the overall eye appeal is hardly diminished by this feature. A simply breathtaking example. Population: 3 in 65, 1 finer (11/00).
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Jan 6, 2001

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Sold For: $17,250.00
Auction 1161 | Lot 4413 » Eagles » Indian Eagles
1912-S $10 MS64+ PCGS. CAC.
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Grade MS64+

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Nov 10, 2011

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Sold For: $17,250.00
Auction 1161 | Lot 4416 » Eagles » Indian Eagles
1912-S $10 MS64+ PCGS. CAC.
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Service Green CAC, PCGS

Grade MS64+

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Nov 10, 2011

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Sold For: $17,250.00
Auction 1168 | Lot 4161 » Eagles » Indian Eagles
1912-S $10 MS64+ PCGS. CAC.
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Grade MS64+

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Mar 11, 2012

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Sold For: $14,950.00
Auction 1368 | Lot 3163 » Eagles » Indian Eagles
1912-S $10 MS64+ PCGS. CAC.

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Grade MS64+

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Jun 16, 2024

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Sold For: $14,400.00
Auction 1207 | Lot 3979 » Eagles » Indian Eagles
1912-S $10 MS64+ NGC. CAC.
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Grade MS64+

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Jul 13, 2014

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Sold For: $14,100.00

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