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    1911-D Indian Half Eagle, MS64
    Challenging Branch Mint Key
    Only Two Coins Numerically Finer at PCGS

    1911-D $5 MS64 PCGS. CAC. Correlations between rarity and mintage are difficult to correctly map in the Indian half eagle series. For example, the 1929 had an ample mintage of 662,000 coins, but almost all were melted before leaving government vaults, creating the overall rarest date in the series; moreover, most survivors are in Mint State grades, which makes the date abnormally plentiful at that level given the total number of pieces known. The 1908-S had a one of the lower mintages in the series at just 82,000 pieces, but the issue's survival rate benefits from its first-year issue status, and the date does not become truly scarce until the Gem grade level. By contrast, the 1909-O and 1911-D are two series keys which are fairly traditional in respect to their mintages and corresponding rarity in high grades. The 1909-O is the rarer of the two, boasting the lowest mintage of the series at just 34,200 coins. The 1911-D, with a mintage of 72,500 coins, closely follows as the second-rarest issue in the series in Mint State.

    The 1911-D half eagle compares favorably to its key-date quarter eagle counterpart. The latter issue boasts an even lower mintage (55,680 coins), but the certified population is several times higher both in Mint State and overall; by extension, the 1911-D quarter eagle appears at auction far more frequently than does the half eagle, which makes the half eagle seem somewhat underappreciated, overshadowed by its 1909-O and 1929 counterparts.

    Of those 1911-D fives certified as Mint State, the majority are heavily abraded, grading no better than MS62. MS63 coins are scarce, and Choice examples are genuinely rare; finer pieces are prohibitively so. This piece is an impressive near-Gem, exhibiting satiny honey-gold luster and remarkably well-preserved surfaces. The motifs are well-defined and the mintmark is clear. With so few coins known in finer technical grades, this outstanding coin represents an important opportunity for the advanced collector of rare Indian gold to acquire this key issue. Population: 18 in 64, 2 finer (2/15).
    Ex: FUN Signature (Heritage, 1/2007), lot 3593.
    From The Big Sky Collection.(Registry values: N10218)

    Coin Index Numbers: (NGC ID# 28DR, PCGS# 8521)

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Big Sky Collection ]

    Auction Info

    Auction Dates
    April, 2015
    22nd-26th Wednesday-Sunday
    Bids + Registered Phone Bidders: 19
    Lot Tracking Activity: N/A
    Page Views: 1,463

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