1916 Proof McKinley Memorial Commemorative Gold Dollar

Coin Details

Auction Record

$63,000 PR64 08-28-2022 Heritage Auctions

Description

The 1916 Proof McKinley Memorial Commemorative Gold Dollar is a proof Gold Dollar struck at the Philadelphia Mint, part of the Classic Gold Commemoratives (1903-1926) series. With a mintage of 10, this is an extremely rare issue — the scarcer of two mint variants, with less than 1% of total production. The obverse features designs varying by commemorative issue and the reverse displays designs varying by commemorative issue. 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. Auction record: $63,000 PR64 08-28-2022 Heritage Auctions. Struck in 90% gold, 10% copper, weighing 1.7 grams, 14.3 mm in diameter, with a reeded edge. Cataloged as PCGS #7487.