Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254 26-28 Apr 2017
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Indian Eagles
1911-D $10 MS64 PCGS. Discounting the 1907 Wire Rim and Rolled Edge special issues, which are considered patterns by most collectors, the 1911-D claims the lowest mintage of the Indian eagle series, at a meager 30,100 pieces. Knowledge of the low mintage seems to have been limited, as few contemporary collectors bothered to save high-grade specimens of this issue. Accordingly, the 1911-D is an elusive issue in today's market, especially in high grade. In their Encyclopedia of United States Gold Coins, Jeff Garrett and Ron Guth note:
"This is the undisputed condition-rarity of the entire Indian Head series. It is difficult to locate in all grades and especially so in gem MS-65 ... The low mintage, combined with the dismal survival rate, leaves collectors with very few examples from which to choose ... All Indian Head eagle collections are judged to some degree on the quality of the 1911-D they contain."
The 1911-D was a widely circulated issue, and survivors are generally seen in circulated grades. Lower Mint State specimens are scarce, and the issue is definitely rare above the MS63 level. Currently, NGC and PCGS have combined to certify 27 coins in MS64, with only three finer, at MS65 (3/17). Even those small figures include an unknown number of resubmissions and crossovers.
The coin offered here is a delightful Choice example, with sharp definition on all design elements, even on the usual weak areas, like the lower headdress feathers. The pleasing orange-gold surfaces show only minor signs of contact and vibrant mint luster radiates from both sides. Overall eye appeal is outstanding for this memorable specimen of the rarest Indian eagle in high grade. This coin should find a home in the finest collection or Registry Set. Population: 16 in 64, 3 finer (3/17).
HID02901242017
1911-D $10 MS64 PCGS. Discounting the 1907 Wire Rim and Rolled Edge special issues, which are considered patterns by most collectors, the 1911-D claims the lowest mintage of the Indian eagle series, at a meager 30,100 pieces. Knowledge of the low mintage seems to have been limited, as few contemporary collectors bothered to save high-grade specimens of this issue. Accordingly, the 1911-D is an elusive issue in today's market, especially in high grade. In their Encyclopedia of United States Gold Coins, Jeff Garrett and Ron Guth note:
"This is the undisputed condition-rarity of the entire Indian Head series. It is difficult to locate in all grades and especially so in gem MS-65 ... The low mintage, combined with the dismal survival rate, leaves collectors with very few examples from which to choose ... All Indian Head eagle collections are judged to some degree on the quality of the 1911-D they contain."
The 1911-D was a widely circulated issue, and survivors are generally seen in circulated grades. Lower Mint State specimens are scarce, and the issue is definitely rare above the MS63 level. Currently, NGC and PCGS have combined to certify 27 coins in MS64, with only three finer, at MS65 (3/17). Even those small figures include an unknown number of resubmissions and crossovers.
The coin offered here is a delightful Choice example, with sharp definition on all design elements, even on the usual weak areas, like the lower headdress feathers. The pleasing orange-gold surfaces show only minor signs of contact and vibrant mint luster radiates from both sides. Overall eye appeal is outstanding for this memorable specimen of the rarest Indian eagle in high grade. This coin should find a home in the finest collection or Registry Set. Population: 16 in 64, 3 finer (3/17).
HID02901242017