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Stack’s Bowers: Gem 1916-S Indian Half Eagle at Rarities Night Auction

1916shalfdollar

By James McCartney, Numismatist & CatalogerStack’s Bowers …..
To be presented in lot 2149 of Rarities Night in our November 2016 Baltimore auction is a glorious 1916-S Indian half eagle certified MS-66 by PCGS and one of the finest survivors of the issue.

The San Francisco Mint was the only mint to strike half eagles in 1916, putting very strong collector demand on this low-mintage issue. While the 240,000 examples struck reflected an increase from the previous year’s production of 164,000 coins, no half eagles were produced after 1916 until the final issue in 1929. Few coins escaped circulation. A hoard of approximately 200 Mint State coins surfaced prior to 1988, though none were better than Choice. In true Gem, the 1916-S Indian $5 is a great rarity, with PCGS displaying 17 grading events at MS-65 and above (a number undoubtedly inflated by resubmission). The offered example is tied with just one other piece at the MS-66 level, and only two pieces have been graded finer, both of which were awarded a “+”.

This truly stunning specimen displays ivory, wheat and tangerine tones across both sides. The luster is soft and appealing, with areas of matte-like texture visible under a glass. This beautiful piece is sure to inspire intense bidding activity!

This lovely treasure will be offered with numerous world-class rarities in our November 2016 Official Auction of the Whitman Coin & Collectibles Expo. To obtain your copy of the catalog or to consign your rarities to a future showcase event, please contact our offices today at 1-800-458-4646 to speak with a Consignment Director and see what Stack’s Bowers Galleries can do for you.

Stack's Bowers
Stack's Bowershttps://stacksbowers.com/
Stack's Bowers Galleries conducts live, internet, and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company's 90-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection, The Sydney F. Martin Collection, and The Battle Born Collection — to name just a few. World coin and currency collections include The Pinnacle Collection, The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Salton Collection, The Wa She Wong Collection, and The Thos. H. Law Collection. The company is headquartered in Costa Mesa, California with galleries in New York, Boston, and Philadelphia. Offices are also located in New Hampshire, Oklahoma, South Carolina, Virginia, Hong Kong, Paris, and Vancouver.

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