1912 Proof Indian Head Eagle

Coin Details

Auction Record

$129,250 PR66 04-21-2021 Legend Rare Coin Auctions

Description

The 1912 Proof Indian Head Eagle is a proof Gold Eagle struck at the Philadelphia Mint, part of the Indian Head Eagles 1907-1933 series. With a mintage of 83, this is an extremely rare issue — the higher-mintage of the two mint variants, representing 0% of production. The obverse features a Native American wearing a feathered war bonnet, facing left and the reverse displays a standing eagle with the motto E PLURIBUS UNUM and IN GOD WE TRUST. Produced during the Progressive Era, when President Theodore Roosevelt championed a renaissance in American coin design that produced some of the most beautiful coins ever struck. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $36K. Struck in 90% gold, 10% copper, weighing 16.7 grams, 26.8 mm in diameter, with a raised stars edge. Cataloged as PCGS #8894.