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1911-D $5 MS64 PCGS. CAC....
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Description
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 ]
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